SOLD
Sold on 03 Oct 2024 for $400,000

8 Gabo Way
Morwell VIC 3840

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 109m2
Land area: 802m2
Sold By
First National Real Estate Latrobe
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Property Details for 8 Gabo Way, Morwell

8 Gabo Way, Morwell is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 802m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Morwell in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
109m2
Land Size
802m2
Local Government
Latrobe
Lot/Plan
406/LP134136

Last Listing description (November 2024)

Welcome to 8 Gabo Way, Morwell ? A delightful residence that perfectly blends comfort, convenience and style. This 3 bedroom brick home sits on a generously sized 802m2 block, offering ample space for families or a great investment to add to your portfolio.

Key Features:

- Spacious light filled lounge room.

- Central heating and split system air conditioning.

- Updated bathroom with bath and freestanding shower.

- Single garage / studio, plus multiple sheds to accommodate all your storage needs.

- Roller shutters for added security.

- Estimated rental income of $430-$440 per week.

This home is designed with family living in mind, providing a convenient configuration with the dining adjoining to the kitchen and outdoor undercover area making meal times and entertaining a breeze.

Outside offers a secure backyard with tall greenery with plenty of privacy making it an ideal space for kids and pets to play, a powered gazebo, and additional veranda providing a perfect space to enjoy with family and friends or relax after a long day!
For more information or to arrange an inspection, contact Josh Buckle on 0427 333 156.

Property History for 8 Gabo Way, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$400,000
03 Oct 2024
  • 03 Oct 2024
    Sold for $400,000
  • 16 Jul 2024
    Listed for Sale $422,000
  • 07 Dec 2015
    Sold for $205,000
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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 8,937 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 64 properties listed for sale, and 14 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 419 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.