18 Papyrus Street, Morwell, VIC 3840 | Property Value & History | OnTheHouse
OFF MARKET

18 Papyrus Street
Morwell VIC 3840

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 108m2
Land area: 697m2
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Property Details for 18 Papyrus St, Morwell

18 Papyrus St, Morwell is a 3 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 697m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
House
Year Built
1960
Floor Size
108m2
Land Size
697m2
Local Government
Latrobe
Lot/Plan
29/LP15159

Last Listing description (March 2017)

Totally renovated throughout, and in a close in sought after location, this 3 bedroom home is a must to inspect.
The bright modern laminate kitchen features under bench oven, hotplates, tiled splashbacks and timber look flooring, all in neutral earthy tones that flow through the whole house.
The living area has new carpets and paint, plus split system heating and cooling Two bedrooms have built in robes and new carpets. The attractively renovated bathroom has separate shower and bath and is fully tiled. Even the laundry has been given the full treatment, with new flooring, paint and an impressive walk in linen cupboard.

There are security shutters on all windows for climate control and privacy. At the rear of the property there is an undercover entertaining area and an un-renovated 1 bedroom bungalow.
Live in or lease out - expected rental of approx $250 per week, and claim the depreciation on this new fit out.

Property History for 18 Papyrus St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$150,000
28 Oct 2016
  • 28 Oct 2016
    Sold for $150,000
  • 07 Jul 2015
    Listed for Sale Offers above $185,000
  • 22 Sep 2009
    Sold for $118,900
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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 9,455 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 64 properties listed for sale, and 9 properties listed for rent in Morwell on OnTheHouse. According to Cotality's data, 605 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.