Morwell VIC 3840
Morwell VIC 3840$ 712,129 Sold
This property has sold.
- Dual Occupancy
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 2
- Cars
- 208
Details
Updated on Jun 02, 2026
| Property Type: | Dual Occupancy |
|---|---|
| Price: | $ 712,129 |
| Land Price: | $ 262,280 |
| Build Price: | $ 449,849 |
| Gross Per Week: | $ 800* |
| Gross Per Annum: | $ 41,600 |
| Gross Yield: | 5.84% |
| Capital Growth 12 Months: | 34.67% |
| 10Yr Annualised Growth: | 8.38% |
| Vacancy Rate: | 5.49% |
| Property Size: | 208 m2 |
| Land Area: | 476 m2 |
|---|---|
| Bedrooms: | 3+2 |
| Bathrooms: | 2+1 |
| Parking: | 2 |
| Land Title Date: | Q4 2026 |
| Property ID: | 22036 |
| SKU: | 1056 |
| Sold: | Jun 02, 2026 |
Description
Situated in the thriving suburb of Morwell, this Dual Occupancy presents an excellent opportunity for modern living and investment. With 3+2 bedrooms, 2+1 bathrooms and 2 car spaces, it is thoughtfully designed to suit today's lifestyle needs. Its efficient use of space ensures comfort while maintaining low maintenance requirements. Ideal for investors, it offers a strong balance of rental appeal and future growth potential. A smart choice in a high-demand location.
Suburb profile:
Morwell offers a balanced lifestyle with access to everyday amenities and transport links. The area has consistent demand from renters and owner occupiers, supporting long‑term stability. Local parks, schools and shopping make it attractive for families and professionals.
Inclusions:
- Full turnkey package including fencing, landscaping, driveway and letterbox
- Colour-on concrete driveway and paving to alfresco
- Front and rear landscaping with turf, plants, trees and irrigation system
- Split system air conditioning and gas ducted heating
- 20mm stone benchtops to kitchen
- 600mm stainless steel appliances including oven, cooktop, rangehood and dishwasher
- Laminate cabinetry with overhead cupboards
- Double bowl stainless steel sink with chrome mixer
- Floor coverings including laminate flooring, tiles and carpet throughout
- LED downlights and full electrical fit-out including NBN readiness
- Double glazed windows to meet 7 star energy rating
- Solar PV system and full insulation package
- Remote control Colorbond garage door
- Brick veneer construction with rendered facade elements
- Bathroom with freestanding bath, tiled shower bases, mirrors and chrome fixtures
- Laundry with cabinetry, trough and mixer tap
- Hot water system (heat pump or continuous flow depending on estate)
- 10 year structural warranty
This Dual Occupancy in Morwell delivers a combination of modern comfort and investment strength. Its thoughtful design and strategic location make it a valuable option for buyers seeking both performance and practicality. An opportunity worth considering.
Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.
These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.
The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.
The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Address
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.