1 Park AvenueMorwell VIC 3840
Property Details for 1 Park Ave, Morwell
1 Park Ave, Morwell is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 657m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 4 bedroom Unit sold in Morwell in the last 12 months.
Last Listing description (September 2025)
Two Units One Title
Secure a solid investment with this pair of low-maintenance, brick units on a single title. Both feature open-plan living, neat presentation and practical layouts designed for easy tenant appeal.
Two x 2-bedroom units
Brand new split systems in both units
Recently upgraded switchboard
Private courtyard for each unit
Carport for off-street parking
Low-maintenance brick construction
Strong Rental Returns:
Unit 1: $290/week | Leased until April 2026
Unit 2: $300/week | Leased until May 2026
With quality tenants already in place and no immediate work required, this is a hassle-free investment ready to generate income from day one.
For more information or to arrange an inspection, call Russell on 0499 150 313.
Property History for 1 Park Ave, Morwell, VIC 3840
- 04 Sep 2025Sold for $540,000
- 11 Jul 2025Listed for Sale $540,000
- 18 Sep 2014Sold for $260,000
Recent sales nearby
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0About 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.
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