3/27 Elgin Street, Morwell, VIC 3840 sold on 05 August 2025 | OnTheHouse
SOLD
Sold on 05 Aug 2025 - Price Unavailable

3/27 Elgin Street
Morwell VIC 3840

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 3/27 Elgin St, Morwell

3/27 Elgin St, Morwell is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 2 bedroom Unit sold in Morwell in the last 12 months.

Building Type
Unit

Last Listing description (August 2025)

Discover the perfect blend of convenience and comfort with this charming two-bedroom unit nestled in the heart of Morwell. Perfectly positioned, this property is just a short stroll from the Morwell Railway Station and the serene Morwell Centenary Rose Garden, offering you the tranquillity of green spaces along with the hustle and bustle of city conveniences.

This delightful unit boasts an exceptional long-term tenant in a lease until 2027, ensuring a steady rental income and making it an ideal investment opportunity. The property also comes with a new split system air conditioner/heater, gas central heating, large lounge & dining area. Furthermore, all rental compliance is up to date, and the unit offers a great rental return.

Step inside to find a well-built structure with a practical layout. The interiors feature two well-appointed bedrooms both with built in robes, including a spacious primary bedroom, and a versatile second bedroom or home office. The bathroom is well-maintained and adds to the home's overall functionality. A spacious laundry, with separate toilet.

Parking? No worries! The property includes single car garage with electronic roller door and access to the home via the garage.

All windows are equipped with electronic shutters, to add that extra point of security to the property.

For those looking to invest and are seeking a property with a reliable tenant record, this unit ticks all the right boxes. So why just read about it when you could potentially own it? Make your move towards securing your future in the heart of Morwell.

To arrange an inspection contact Frank Palermo at First National Central KW on 0427 049 696 or 03 51337777

Property Code: 3008

Property History for 3/27 Elgin St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
05 Aug 2025
  • 24 Jul 2025
    Sold for $305,000
  • 23 Jun 2025
    Listed for Sale $320,000
  • 05 Dec 2024
    Listed for Sale $320,000
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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 9,451 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.
There are currently 57 properties listed for sale, and 14 properties listed for rent in Morwell on OnTheHouse. According to Cotality's data, 640 properties were sold in the past 12 months in Morwell.

Suburb Insights for Morwell 3840

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Frank Palermo
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KW Property Sales & Rental
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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.