30 Washington WayMorwell VIC 3840
Property Details for 30 Washington Way, Morwell
30 Washington Way, Morwell is a 6 bedroom, 3 bathroom House with 2 parking spaces and was built in 2027. The property has a land size of 649m2 and floor size of 198m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 6 bedroom House sold in Morwell in the last 12 months.
Last Listing description (March 2026)
This property is located in a large town of over 78,000 population in the very fast expanding and highly sought after Latrobe Valley. This area is a major area for investment. Due to the large amount of de elopement and infrastructure improvement which is occurring in this location. Refer to the brochure included - Morwell Suburb Profile.
Travel time to Melbourne is just 2 hours approx..
There are all conveniences very close by this property including a range of supermarkets, retail and business centre, large warehousing, medical and hospital, reputable schools, - it is located so close to all the Ballarat offers!
The hospital is currently being enlarged with a new redevelopment -
This property is absolutely unique and virtually risk free:
Priced at $896,000 - this purchase includes a guaranteed gross rental of 10% calculated on price of the property (approx. $91,000 annually approx.) for a period of 5 years
The leases are normal residential - but the actual property is zoned and approved as Residential Class 1B.
Funding requirements: depending on your lender, this purchase may require Commercial funding - ask us for recommended lender with very competitive lending rates!
Summary:
Land: 649m2 Price: $255,000 (includes all fixed site costs)
Co - Living home: 219.80m2 approx - 23.66squares Build cost: $641,000
FIXED PRICE CONTRACT: $896,,000
(Building contract is fixed price when contract is fully signed and deposit paid)
Bedrooms: 5 executive suites including bedroom & ensuite, living, kitchenette, study area
Share balance of house including large kitchen/living/ social area/laundry and garage etc
Each suite is a totally private and lockable area
Additional features:
- includes furniture pack for the whole house (furniture packs are included as a rebate for all packages)
- includes 3.1 solar system
- split system air conditioning for entire home
- front and rear landscaping
RENTAL ESTIMATE: GUARANTEED 10% GROSS INCOME RETURN - 5 YEAR GUARANTEE - income approx. $91,000 gross - refer to the rental estimate provided
REGISTERED LAND - FULL TURN KEY BUILDING CONTRACT
FIXED PRICE WHEN CONTRACTS ARE FULLY SIGNED AND DEPOSITS PAID
TO PURCHASE:
TWO CONTRACTS - this property is subject to availability
Land Contract plus HIA Building Contract
ASK IF YOU NEED TO BUY AS SMSF SINGLE CONTRACT
Land is registered - land settles in 30 days approx. after finance approval
Finance approval in 30 days from date of land contract, but needs to be within 45 days from issue of contract
Initial deposit on EOI $2,500 ($1000 to be deposit on Land contract- refundable / $1,500 to be initial deposit on Building Contract which is not refundable)
Properties for sale are subject to being available at time of enquiry! If lot is sold the builder will source similar sized lot and we will prepare and supply for you a replacement house and land package with all features included.
FOR SALE: $896,000
Kaye Tilley 0418 823 046
Property History for 30 Washington Way, Morwell, VIC 3840
- 29 Jul 2026Sold for $265,000
- 04 Mar 2026Listed for Sale $896,000
Recent sales nearby
See more recent sales nearby/assets/perm/fjpt2bf46yi6ndahsvkevyqvt4?signature=03a4ba1d605381e1ca4dc43ac27f998a5445564426cb5a6b6905a7eb6e8fc461){kind=logo}
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0About Morwell 3840
The size of Morwell is approximately 44.9 square kilometres. There are 31 parks, covering nearly 5.9% of the 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 9,485 properties. Over the last 5 years, Houses in Morwell have seen a 70.60% increase in median value, while Units have seen a 62.94% increase. As at 31 August 2026:
- The median value for Houses in Morwell is $449,621 while the median value for Units is $363,863.
- Houses have a median rent of $420 while Units have a median rent of $330.
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