1/3 Opal Place, Morwell, VIC 3840 sold on 20 March 2025 | OnTheHouse
SOLD
Sold on 20 Mar 2025 for $268,500

1/3 Opal Place
Morwell VIC 3840

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 156m2
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Property Details for 1/3 Opal Pl, Morwell

1/3 Opal Pl, Morwell is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1990. The property has a land size of 156m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 2 bedroom Townhouse sold in Morwell in the last 12 months.

Building Type
Townhouse
Year Built
1990
Floor Size
72m2
Land Size
156m2
Local Government
Latrobe
Lot/Plan
1/PS340868

Last Listing description (April 2025)

Located in Morwell's quiet Opal Place, this well-maintained two-storey brick veneer townhouse is now available for sale. Perfect for investors or owner-occupiers, this property features: . Secure Living: Enclosed rear yard ensuring privacy and security. . Craftsman Timber Windows for enhanced aesthetics and durability. . Single Car Carport providing convenient parking. Interior Highlights: . Open-Plan Living Area: Step into a cozy, carpeted space with neutral decor and a reverse cycle air-conditioner offering year-round comfort. . Original Timber Kitchen: Equipped with ample cupboard space, a modern electric cooker, and a rangehood. . Storage Solutions: Ample storage under the staircase and additional storage space throughout. Upper Level: . Central Staircase leading to a functional bathroom with a vanity and shower unit. . Two Double-Sized Bedrooms: Each bedroom boasts carpeted floors, built-in robes, and private balconies with scenic views. Investment Potential: Currently rented by one of Morwell's most reliable tenants, this property yields a rental return of $14,560 per annum, making it a promising investment. Motivated Sale: The vendor's instructions are clear - this property must be sold! Don't miss out on this excellent opportunity.

Property History for 1/3 Opal Pl, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$268,500
20 Mar 2025
Listed for Rent
19 Mar 2020
  • 20 Mar 2025
    Sold for $268,500
  • 19 Nov 2024
    Listed for Sale $230,000
  • 30 Oct 2022
    Sold for $180,000
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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 9,458 properties. Over the last 5 years, Houses in Morwell have seen a 78.91% increase in median value, while Units have seen a 66.71% increase. As at 30 November 2025:

  • The median value for Houses in Morwell is $368,626 while the median value for Units is $301,844.
  • Houses have a median rent of $415 while Units have a median rent of $300.
There are currently 67 properties listed for sale, and 8 properties listed for rent in Morwell on OnTheHouse. According to Cotality's data, 611 properties were sold in the past 12 months in Morwell.

Suburb Insights for Morwell 3840

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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.