38 Butters StreetMorwell VIC 3840
Property Details for 38 Butters St, Morwell
38 Butters St, Morwell is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 605m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom House sold in Morwell in the last 12 months.
Last Listing description (December 2025)
Perfectly positioned in a convenient Morwell location, 38 Butters Street offers a fantasticopportunity for investors. This well-presented 3-bedroom weatherboard home sits on agenerous 605m block, combining comfort, functionality, and strong rental returns.Investment Highlights: $330 per week rental income with an increase to $350 per week from April 2026 Excellent long-term tenants already in place Solid 3-bedroom home two with built-in robes Split system air conditioning Generous kitchen with plenty of cupboard space Outdoor deck Single lock-up garage plus 2x garden sheds Low maintenance 605m block easy to manage Close to schools, public transport, and sports facilities Strong rental demand area low vacancy riskWhether youre looking to expand your portfolio or start with a solid foundation, this propertyoffers immediate returns, great tenants, and long-term potential. With rental growth alreadyscheduled and minimal upkeep required, it's the ideal "set and forget" investment.Enquire now and secure a high-performing asset in a proven location.Property Code: 3191
Property History for 38 Butters St, Morwell, VIC 3840
- 17 Oct 2025Sold for $330,000
- 30 Sep 2025Listed for Sale $340,000
- 09 Jun 2022Listed for Rent - Price not available
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 9,455 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.
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