140 Mary Street, Morwell, VIC 3840 | Property Value & History | OnTheHouse
OFF MARKET

140 Mary Street
Morwell VIC 3840

Bedrooms: 7
Bathrooms: 4
Car spaces: 1
Floor area: 47m2
Land area: 815m2
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Last updated 4 May 2026
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Property Details for 140 Mary St, Morwell

140 Mary St, Morwell is a 7 bedroom, 4 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 815m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in March 2025.

Building Type
Unit
Year Built
1980
Floor Size
47m2
Land Size
815m2
Local Government
Latrobe
Lot/Plan
6/LP15535

Last Listing description (July 2025)

This is a unique opportunity to own your very own high yielding investment in this well maintained unit complex close to central Morwell.Comprising 4 units consisting of 1 x 3 bedroom, 1 x 2 bedroom and 2 x 1 bedroom units, the complex provides diverse accommodation options for the astute investor.Currently returning $56,960 per year with potential increases via lease renewals, this complex presents great investment opportunity including the option of a high yielding superannuation fund investment.The two bedroom unit located at the front is weatherboard whilst the other units are brick veneer. Price indicator $675,000 - $725,000. Call Graeme now on 0407 512 455 to arrange an inspection.

Property History for 140 Mary St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$685,000
04 Mar 2025
Listed for Rent
16 Oct 2024
  • 13 May 2025
    Listed for Sale $695,000
  • 04 Mar 2025
    Sold for $685,000
  • 11 Dec 2024
    Listed for Sale $695,000
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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 9,473 properties. Over the last 5 years, Houses in Morwell have seen a 82.39% increase in median value, while Units have seen a 77.92% increase. As at 30 April 2026:

  • The median value for Houses in Morwell is $426,818 while the median value for Units is $362,419.
  • Houses have a median rent of $420 while Units have a median rent of $330.
There are currently 56 properties listed for sale, and 13 properties listed for rent in Morwell on OnTheHouse. According to Cotality's data, 717 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.