28 Elgin Street, Morwell, VIC 3840 | Property Value & History | OnTheHouse
 
OFF MARKET

28 Elgin Street
Morwell VIC 3840

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 77m2
Land area: 1011m2
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Last updated 22 Dec 2025
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Property Details for 28 Elgin St, Morwell

28 Elgin St, Morwell is a 4 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 1011m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
Unit
Year Built
1960
Floor Size
77m2
Land Size
1011m2
Local Government
Latrobe
Lot/Plan
19~3/LP1220

Last Listing description (October 2018)

We would like to introduce you to a blue chip investment opportunity. Meet units 1-4/28 Elgin Street Morwell! Located minutes to the CBD. Comprising of 2 x 1, 1 x 2 & 1 x 3 bedrooms. Brick veneer construction, all bedrooms with built in robes, shower over bath, separate laundry and under cover off street parking, all on a large 1,005 square metre block. Generating a rental return of $33,280 per annum. Let the tenants pay your mortgage for you!

Property History for 28 Elgin St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$835,000
15 Jun 2024
Listed for Rent
$120/w
13 May 2015
  • 15 Jun 2024
    Sold for $835,000
  • 18 Feb 2022
    Sold for $472,000
  • 26 Apr 2018
    Listed for Sale $450,000 Neg
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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 9,457 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 67 properties listed for sale, and 8 properties listed for rent in Morwell on OnTheHouse. According to Cotality's data, 611 properties were sold in the past 12 months in Morwell.

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© 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.

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