1 Gabo Way, Morwell, VIC 3840 | Property Value & History | OnTheHouse
OFF MARKET

1 Gabo Way
Morwell VIC 3840

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 150m2
Land area: 740m2
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Property Details for 1 Gabo Way, Morwell

1 Gabo Way, Morwell is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 740m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in May 2002.

Building Type
Unit
Floor Size
150m2
Land Size
740m2
Local Government
Latrobe
Lot/Plan
398/LP134136

Last Listing description (April 2025)

Golden opportunity to secure this well-built 2 x 2 bedrooms strata titled unit located in popular family friendly estate of Morwell. Each unit comprises of very spacious lounge, large main bedroom with BIR, second bedroom with BIR, functional bathroom and separate WC. Bigger Kitchen with loads of bench space with meals area. Private courtyard behind roller door access for secure carparking. Freestanding and huge rear garden, makes an ideal space to enjoy.

A Short walk around the corner to Kumai college, Parklands Preschool & parklands. Morwell Park Primary School & Shopping Centres are a short drive away.

Set on a 735m2 allotment, both units are currently tenanted with great returns. An excellent opportunity for the investor/home owner with the option of living in one and renting the other with no Owners Corporation active.

Property History for 1 Gabo Way, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$127,000
23 May 2002
  • 04 Jul 2024
    Listed for Sale $550,000 - $610,000
  • 12 Oct 2022
    Listed for Sale $550,000 - $610,000
  • 26 Jul 2017
    Listed for Sale FROM $283,500
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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 66 properties listed for sale, and 8 properties listed for rent in Morwell on OnTheHouse. According to Cotality's data, 610 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.