2/40 The Boulevard, Morwell, VIC 3840 | Property Value & History | OnTheHouse
 
OFF MARKET

2/40 The Boulevard
Morwell VIC 3840

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 72m2
Land area: 252m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 15 Dec 2025
Low
High
Share
Save

Property Details for 2/40 The Boulevard, Morwell

2/40 The Boulevard, Morwell is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 252m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in February 2008.

Building Type
Unit
Year Built
1970
Floor Size
72m2
Land Size
252m2
Local Government
Latrobe
Lot/Plan
2/SP28632

Last Listing description (January 2008)

BRICK UNITS IN BRIDLES
Rare chance to acquire 2 x 2 bedroom units in the popular Bridle Estate area or Morwell. Live in one and rent the other, or rent both, as they have a very solid rental history. Both have BIR's, electric facilities, good size lounge and small courtyards & carports. They are both tenanted at the moment, with Unit 1 at $100 and Unit 2 $110 per week. Brick construction and only a short walk to Mid Valley shopping centre, these units would make an ideal investment for the astute investor. Priced at $215,000 for both, please contact Jeff White for an inspection or more information.
Additional feature - 2 x 2 Bedroom Units.

Property History for 2/40 The Boulevard, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$102,500
22 Feb 2008
Listed for Rent
$120/w
28 Aug 2007
  • 22 Feb 2008
    Sold for $102,500
  • 01 Aug 2007
    Listed for Rent - Price not available
  • 12 Oct 2006
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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, 603 properties were sold in the past 12 months in Morwell.

Morwell Profile Page

Suburb Insights for Morwell 3840

Visit Morwell profile page
Market Insights
Morwell Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Morwell Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Morwell profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED