Lot 45 English Street, Morwell VIC
Morwell, Latrobe Valley, VIC, 3840$ 723,319
- Dual Occupancy
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 2
- Cars
- 208
Details
Updated on Apr 14, 2026
| Property Type: | Dual Occupancy |
|---|---|
| Price: | $ 723,319 |
| Land Price: | $ 276,000 |
| Build Price: | $ 447,319 |
| Gross Per Week: | $ 800* |
| Gross Per Annum: | $ 41,600 |
| Gross Yield: | 5.75% |
| Capital Growth 12 Months: | 23.33% |
| 10Yr Annualised Growth: | 8.38% |
| Vacancy Rate: | 3.85% |
| Property Size: | 208 m2 |
| Land Area: | 532 m2 |
|---|---|
| Bedrooms: | 3+2 |
| Bathrooms: | 2+1 |
| Parking: | 2 |
| Title Status: | Q4 2026 |
| Property ID: | 22038 |
| SKU: | 1056 |
| Sold: |
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Description
This Dual Occupancy in Morwell presents a rare opportunity to secure a modern, high-growth investment. Featuring 3+2 bedrooms, 2+1 bathrooms and 2 car spaces, it blends lifestyle comfort with strong rental appeal. Every detail has been designed to combine style with practicality, making it attractive for both tenants and future buyers. Positioned in one of Australia's fastest-growing areas, this property is built for long-term value and immediate results. A standout choice for anyone seeking both security and growth.
Suburb profile:
Morwell is a popular location in VIC, offering livability and ongoing growth potential. Residents benefit from access to schools, shops and transport, supporting both lifestyle and rental demand. The area's amenities and planned development make Morwell attractive for investors and owner‑occupiers alike.
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 property represents a balanced investment, offering both lifestyle comfort and strong growth potential. Its design, location and functionality make it a dependable choice for investors and homeowners alike. A smart decision for those looking toward the future.
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.
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Booval, Ipswich, QLD, 4304ENQUIRE ABOUT THIS PROPERTY
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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.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
SMSF Single Contract