11/2 Wallace Street, Morwell, VIC 3840 | Property Value & History | OnTheHouse
OFF MARKET

11/2 Wallace Street
Morwell VIC 3840

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 112m2
Land area: 304m2
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Property Details for 11/2 Wallace St, Morwell

11/2 Wallace St, Morwell is a 3 bedroom, 2 bathroom Townhouse with 3 parking spaces and was built in 2005. The property has a land size of 304m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Townhouse
Year Built
2005
Floor Size
112m2
Land Size
304m2
Local Government
Latrobe
Lot/Plan
11/PS536610

Last Listing description (May 2021)

Immaculate and spacious brick veneer townhouse with many features.
W.I.R and ensuite to master bedroom, B.I.R's to other bedrooms, c/fans, spacious and light open plan living zone incorporating kitchen, dining and lounge with french doors and sliding door to courtyards.
Gas central heating throughout and split system air conditioner, great storage, 3 outdoor living zones, low maintenance gardens, double remote lift door to garage and internal access to home.

Beautifully presented, within 5 minute walking distance to CBD and only metres from Morwell Bowling Club.
Location is private and secure; inspection will impress.
Currently tenanted at $280 a week.

Property History for 11/2 Wallace St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$315,000
21 May 2021
Listed for Rent
$280/w
05 Jul 2019
  • 21 May 2021
    Sold for $315,000
  • 06 May 2021
    Listed for Sale $315,000
  • 19 Jun 2019
    Listed for Rent - Price not available
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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 9,465 properties. Over the last 5 years, Houses in Morwell have seen a 87.65% increase in median value, while Units have seen a 83.79% increase. As at 28 February 2026:

  • The median value for Houses in Morwell is $412,450 while the median value for Units is $328,348.
  • Houses have a median rent of $420 while Units have a median rent of $320.
There are currently 55 properties listed for sale, and 18 properties listed for rent in Morwell on OnTheHouse. According to Cotality's data, 668 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.