OFF MARKET

55 Tarwin Street
Morwell VIC 3840

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 450m2
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Property Details for 55 Tarwin St, Morwell

55 Tarwin St, Morwell is a 3 bedroom, 2 bathroom House. The property has a land size of 450m2.

Building Type
House
Land Size
450m2
Local Government
Latrobe

Last Listing description (November 2018)

Three bedroom 1940's Californian bungalow in a sought after location, within walking distance of the CBD.
Features include:
- 2 large bedrooms and a smaller third bedroom at the rear

- Central compact kitchen, adjoining dining area with gas heating
- Polished floorboards, high ceilings, mantels and picture rails
- Main bathroom with claw foot bath and separate shower
- Second shower and vanity in laundry
- Solid fuel and gas heating
- Manageable 450m allotment
This property is currently leased to an excellent tenant at $210 per week on a month by month basis, but who is keen to stay long term.

Property History for 55 Tarwin St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Listed for Rent
$210/w
07 Oct 2015
  • 22 May 2018
    Listed for Sale Not Disclosed

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About Morwell 3840

The size of Morwell is approximately 44.9 square kilometres. It has 31 parks covering nearly 5.9% of total area. The population of Morwell in 2011 was 14,005 people. By 2016 the population was 13,753 showing a population decline of 1.8% in the area during that time. The predominant age group in Morwell is 50-59 years. Households in Morwell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Morwell work in a trades occupation. In 2011, 63.1% of the homes in Morwell were owner-occupied compared with 61.7% in 2016.

Morwell has 8,939 properties. Over the last 5 years, Houses in Morwell have seen a 79.21% increase in median value, while Units have seen a 46.24% increase. As at 31 October 2024:

  • The median value for Houses in Morwell is $319,787 while the median value for Units is $272,996.
  • Houses have a median rent of $370 while Units have a median rent of $290.
There are currently 63 properties listed for sale, and 12 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 421 properties were sold in the past 12 months in Morwell.

Suburb Insights for Morwell 3840

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.