2/40-42 Bridle RoadMorwell VIC 3840
Property Details for 2/40-42 Bridle Rd, Morwell
2/40-42 Bridle Rd, Morwell is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 236m2 and floor size of 62m2.This Property is currently listed for sale with KW Property Sales & Rental
Last Listing description (May 2026)
Perfectly positioned in the heart of Morwell's popular Bridle Estate, this recently renovated 2-bedroom brick unit presents a fantastic opportunity for first-home buyers, downsizers, or savvy investors. With modern updates and a rare backyard, this property offers excellent value and strong rental appeal.
Property Features:
- 2 generously sized bedrooms with built-in robes
- Modern kitchen with electric appliances
- Cosy living area with split system heating & cooling
- Central bathroom with vanity, toilet & shower
- Good-sized private backyard rare for a unit!
- Your own personal car park
- Walking distance to schools, public transport & Mid Valley Shopping Centre
- Currently vacant move in or lease out immediately
- Estimated rental return: Currently advertised for $360 per week
Whether you're looking to move straight in or add a solid investment to your portfolio, this low-maintenance unit ticks all the boxes. Located in a quiet, well-established area close to all amenities, this is an opportunity not to be missed.
Property Code: 3323
Property History for 2/40-42 Bridle Rd, Morwell, VIC 3840
- 16 Mar 2026Listed for Sale $305,000
- 22 Jun 2020Listed for Rent $220 / week
- 16 Feb 2019Listed for Rent $185 / week
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 9,457 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.
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