OFF MARKET

7 Porter Street
Morwell VIC 3840

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 93m2
Land area: 620m2
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Last updated 16 Dec 2024
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Property Details for 7 Porter St, Morwell

7 Porter St, Morwell is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 620m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
House
Year Built
1950
Floor Size
93m2
Land Size
620m2
Local Government
Latrobe
Lot/Plan
360/LP52979

Last Listing description (June 2020)

Looking for an investment property with a good return this 3 bedroom 1 bathroom in Porter Street Morwell could be what you’re looking for. The property is currently tenanted for a 6mth period with a rental return of $205pw.

The master bedroom has BIR and all bedrooms are carpeted with a timber look floor covering in the kitchen and dining areas. The kitchen has elec and gas appliances with good bench space heating comes from a gas heater and split system all sitting on a 633m2 block of land.

Asking $132,500

For more information call David Sykes

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Property History for 7 Porter St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$130,000
20 Feb 2019
Listed for Rent
$230/w
06 Aug 2019
  • 17 Mar 2020
    Listed for Sale Sold
  • 22 Nov 2019
    Listed for Sale Sold
  • 03 Jun 2019
    Listed for Rent $230 / week
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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 8,954 properties. Over the last 5 years, Houses in Morwell have seen a 80.40% increase in median value, while Units have seen a 41.20% increase. As at 30 November 2024:

  • The median value for Houses in Morwell is $324,509 while the median value for Units is $267,245.
  • Houses have a median rent of $373 while Units have a median rent of $295.
There are currently 67 properties listed for sale, and 12 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 429 properties were sold in the past 12 months in Morwell.

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