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 602m2 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 (August 2026)
Perfectly positioned in a convenient Morwell location, 38 Butters Street offers a fantastic
opportunity for investors. This well-presented 3-bedroom weatherboard home sits on a
generous 605m2 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 605m2 block - easy to manage
- Close to schools, public transport, and sports facilities
- Strong rental demand area - low vacancy risk
Whether you're looking to expand your portfolio or start with a solid foundation, this property
offers immediate returns, great tenants, and long-term potential. With rental growth already
scheduled 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. 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 9,489 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.
Suburb Insights for Morwell 3840
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