SOLD
Sold on 16 Apr 2024 for $752,000

9 Swan Road
Morwell VIC 3840

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 112m2
Land area: 1795m2
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Property Details for 9 Swan Rd, Morwell

Building Type
Commercial
Floor Size
112m2
Land Size
1795m2
Local Government
Latrobe
Lot/Plan
6/LP128730

Last Listing description (October 2024)

Prime industrial warehouse with reception area and staff amenities.
- 3 phase power
- LED lighting

- Roller blinds
- Hi bay lights
- Hydraulic pallet jack
- Front roller door with remote control
- Side access gates
- Side access roller door
- Building area 546sqm
- Land area 1795 sqm
Excellent location with easy access to freeway.

Address: 9 Swan Rd, Morwell
Price: $42,000 PA + outgoings + GST

Property History for 9 Swan Rd, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$752,000
16 Apr 2024
  • 29 Aug 2024
    Listed for Rent $46,302 / year
  • 16 Apr 2024
    Sold for $752,000
  • 12 Mar 2024
    Listed for Sale EXPRESSIONS OF INTEREST - CLOSING 12TH APRIL 2024
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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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Stockdale & Leggo Traralgon
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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.