OFF MARKET

8/2-4 Olive Drive
Morwell VIC 3840

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 82m2
Land area: 2015m2
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Last updated 11 Nov 2024
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Property Details for 8/2-4 Olive Dr, Morwell

8/2-4 Olive Dr, Morwell is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 2015m2 and floor size of 82m2.

Building Type
Unit
Year Built
1980
Floor Size
82m2
Land Size
2015m2
Local Government
Latrobe

Last Listing description (November 2022)

TWO BEDROOM UNIT - Neat & tidy two bedroom unit, built in robes, all gas facilities, separate shower & bath, enclosed rear yard, carport.

**To apply, please go to www.tenantoptions.com.au**

Property Code: 2343

Property History for 8/2-4 Olive Dr, Morwell, VIC 3840

A timeline of how this property has performed in the market
Listed for Rent
$240/w
28 Nov 2022
  • 17 Oct 2022
    Listed for Rent $240 / week
  • 14 Nov 2019
    Listed for Rent $180 / week
  • 11 Feb 2017
    Listed for Rent - Price not available
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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, 420 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.