1/15 Well Street, Morwell, VIC 3840 | Property Value & History | OnTheHouse
OFF MARKET

1/15 Well Street
Morwell VIC 3840

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 1226m2
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Property Details for 1/15 Well St, Morwell

1/15 Well St, Morwell is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 1226m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1975
Floor Size
77m2
Land Size
1226m2
Local Government
Latrobe
Lot/Plan
1/RP4852

Last Listing description (July 2025)

Handy man required to add the finishing touches to this solid two-bedroom
brick unit and reap the financial benefits.

Features include BIRs, Gas heating, front balcony, car port
and bus stop right outside.
Either live in or an ideal investment opportunity

Property History for 1/15 Well St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$148,225
11 Jul 2023
Listed for Rent
26 Feb 2024
  • 16 Feb 2024
    Listed for Rent $300 / week
  • 11 Jul 2023
    Sold for $148,225
  • 10 Jan 2023
    Listed for Sale $150,000
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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 2016 was 13771 people. By 2021 the population was 14389 showing a population growth of 4.5% in the area during that time. The predominant age group in Morwell is 60-69 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 labourer occupation.In 2021, 62.00% of the homes in Morwell were owner-occupied compared with 61.70% in 2016.

Morwell has 9,451 properties. Over the last 5 years, Houses in Morwell have seen a 84.99% increase in median value, while Units have seen a 82.28% increase. As at 31 December 2025:

  • The median value for Houses in Morwell is $386,273 while the median value for Units is $317,232.
  • Houses have a median rent of $420 while Units have a median rent of $310.
There are currently 56 properties listed for sale, and 12 properties listed for rent in Morwell on OnTheHouse. According to Cotality's data, 638 properties were sold in the past 12 months in Morwell.

Suburb Insights for Morwell 3840

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.