1/29 Airlie Bank Road, Morwell, VIC 3840 | Property Value & History | OnTheHouse
OFF MARKET

1/29 Airlie Bank Road
Morwell VIC 3840

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1/29 Airlie Bank Rd, Morwell

1/29 Airlie Bank Rd, Morwell is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
1980
Local Government
Latrobe
Lot/Plan
1/SP36523

Last Listing description (June 2024)

Great Investment Opportunity

This securely leased 2 bedroom stand alone brick unit is situated in a small complex of 4 units within walking distance to Mid Valley Shopping Centre. Located in close proximity to local shops, public transport and secondary school, this is an ideal property to add to your investment portfolio.

Features include:
- Good sized lounge inclusive of air conditioner and a gas wall heater

- Adjoining kitchen / meals area with ample bench space, electric cooking and plenty of cupboard storage
- Great sized bedrooms both including built in robes
- Bathroom features step in shower and vanity area offering good storage
- Separate laundry
- Off street parking with single carport
- Currently rented until 12/02/2025 at $290 per week

For additional information or to arrange an inspection contact Anthony Bloomfield on 0455 303 750.

Property History for 1/29 Airlie Bank Rd, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$200,000
16 Dec 2021
  • 01 May 2024
    Listed for Sale $265,000
  • 22 Dec 2023
    Listed for Rent $290 per week
  • 15 Dec 2022
    Listed for Rent $280 per week
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About Morwell 3840

The size of Morwell is approximately 44.9 square kilometres. There are 31 parks, covering nearly 5.9% of the 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 9,467 properties. Over the last 5 years, Houses in Morwell have seen a 73.51% increase in median value, while Units have seen a 63.82% increase. As at 31 July 2026:

  • The median value for Houses in Morwell is $448,464 while the median value for Units is $367,677.
  • Houses have a median rent of $420 while Units have a median rent of $330.
There are currently 57 properties listed for sale, and 29 properties listed for rent in Morwell on OnTheHouse. According to Cotality's data, 675 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.