391 Princes Drive, Morwell, VIC 3840 | Property Value & History | OnTheHouse
 
OFF MARKET

391 Princes Drive
Morwell VIC 3840

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 73m2
Land area: 832m2
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Last updated 29 Dec 2025
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Property Details for 391 Princes Dr, Morwell

391 Princes Dr, Morwell is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 832m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
1960
Floor Size
73m2
Land Size
832m2
Local Government
Latrobe
Lot/Plan
179/LP31525

Last Listing description (February 2021)

This neat little home has been a fantastic investment property for the current owners but now itrsquo;s yours for the taking. Watch the world go by from the undercover front veranda with views of the hills. Features include:Open plan living with Split system amp; ceiling fanSeparate toilet amp; laundryLarge shed with concrete floor, power and shelvingGenerous back yard allows for room for the kids to playOther features include: instant gas hot water service, vegie patch, carport amp; even a lemon tree which is loaded with fruit!This home is priced competitively so donrsquo;t hesitate to give us a call to arrange an inspection!Current rental returns: $210 per week. Lease expiry: May 2021. To arrange an inspection, please give Russell a call on 0499 150 313.

Property History for 391 Princes Dr, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$164,000
16 Nov 2020
Listed for Rent
05 Jan 2016
  • 11 Feb 2021
    Listed for Sale Sold
  • 16 Nov 2020
    Sold for $164,000
  • 03 Jul 2020
    Listed for Sale $175,000
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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 9,458 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 66 properties listed for sale, and 8 properties listed for rent in Morwell on OnTheHouse. According to Cotality's data, 610 properties were sold in the past 12 months in Morwell.

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© Copyright 2026. 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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