4/23 Elgin Street, Morwell, VIC 3840 | Property Value & History | OnTheHouse
OFF MARKET

4/23 Elgin Street
Morwell VIC 3840

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 79m2
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Property Details for 4/23 Elgin St, Morwell

4/23 Elgin St, Morwell is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 79m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
Unit
Year Built
1970
Floor Size
76m2
Land Size
79m2
Local Government
Latrobe
Lot/Plan
4/RP5138

Last Listing description (August 2024)

This two-bedroom unit located a stone throw from CBD,

The unit has polished floor boards, electrical upgrades, new gas line and has been recently painted.

Upgraded kitchen and bathroom, and a split system for heating and cooling.

The unit would suit the first home buyer, investor or someone wanting to downsize.

Contact Frank Palermo 0427 049 696 to arrange a private inspection.

Property Code: 2900

Property History for 4/23 Elgin St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$225,000
28 Jun 2024
  • 28 Jun 2024
    Sold for $225,000
  • 17 Jun 2024
    Listed for Sale $215,000 - $235,000
  • 19 Feb 2024
    Listed for Sale Contact Agent
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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.

Suburb Insights for Morwell 3840

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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.