195-197 Commercial RoadMorwell VIC 3840
Property Details for 195-197 Commercial Rd, Morwell
Last Listing description (December 2022)
A WORLD OF BEAUTY IN MORWELL - BUSINESS ONLY
Established for 18 years, A World of Beauty is a thriving salon in the heart of the CBD
Double shop of 242m front with rear access, with 4 permit parks directly behind shop
"Timely" online booking system, and online shop "Shopify"
Close walk to all public transport
Long Lease available
Offer of 3 months training and mentoring from outgoing owner
Loyal clientele base within the community
Exciting times ahead for a new owner
Property History for 195-197 Commercial Rd, Morwell, VIC 3840
- 08 Dec 2025Sold for $505,000
- 01 Sep 2022Listed for Sale $90,000 + S.A.V (+ GST if applicable)
- 28 Sep 2009Sold for $180,000
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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 9,451 properties. Over the last 5 years, Houses in Morwell have seen a 84.11% increase in median value, while Units have seen a 81.59% increase. As at 31 January 2026:
- The median value for Houses in Morwell is $392,900 while the median value for Units is $316,647.
- Houses have a median rent of $415 while Units have a median rent of $320.
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