16 Wallace StreetMorwell VIC 3840
Property Details for 16 Wallace St, Morwell
16 Wallace St, Morwell is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 694m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom House sold in Morwell in the last 12 months.
Last Listing description (December 2025)
Phone Enquiry ID: 231602
BEAUTIFUL BRICK VENEER 3 BEDROOM BEAUTY & HIGH RENTAL YIELD.
This 3 bedroom brick veneer home has style and character. As an investor this home which is now tenanted out with a long term lease agreement in place is a great buy. Nothing to do just collect your high yield rental income from this property. Great kitchen meals area and living area also and if you looking for a investment property then look no further 3 bedroom separate lounge/Living area beautiful bathroom seperate toilet and separate laundry and separate kitchen areas all LED lighting throughout the home also all new power points and light switches and all newly upgraded switchboard and all new tap-ware and plumbing and newly installed split system with air purifier reverse cycle airconditioning heating and cooling and freshly painted soft white paintwork throughout the home and polish hardwood flooring throughout and ceiling fans in all bedrooms and living area and so much more . Nothing to do just sit back and start collecting your hight rental yield also this property is located in one of the best area of Morwell located close to the city centre which is only walking distance which is positioned well for any investor this property will not last as its a great but for any investor looking for a great investment .
Property History for 16 Wallace St, Morwell, VIC 3840
- 18 Dec 2025Sold for $495,000
- 04 May 2025Listed for Sale Private sale
- 15 Apr 2024Sold for $225,000
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 9,469 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.
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