4/7 Elgin StreetMorwell VIC 3840
Property Details for 4/7 Elgin St, Morwell
4/7 Elgin St, Morwell is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 171m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 2 bedroom Unit sold in Morwell in the last 12 months.
Last Listing description (June 2026)
Positioned in a convenient location within walking distance to Morwells CBD, public transport, local shopping, Coles, and the train station, this neat and tidy brick unit presents an outstanding investment opportunity with a fantastic long-term tenant already in place.
Offering comfort, practicality, and low-maintenance living, this well-kept unit is currently leased at $330 per week until September 2027, making it an ideal addition to any investment portfolio.
Features:
- Two generous bedrooms, both fitted with built-in robes
- Modern kitchen with adjoining dining area
- Decent-sized living area with split system heating and cooling
- Gas cooking appliances
- Central bathroom with shower and toilet
- Good-sized private courtyard at the rear
- Personal carport located directly out the front
Whether youre looking to expand your investment portfolio or secure a well-located property with immediate rental return, this solid and conveniently positioned unit is one not to miss.
Property Code: 3393
Property History for 4/7 Elgin St, Morwell, VIC 3840
- 26 Jun 2026Sold
- 26 May 2026Listed for Sale $335,000
- 10 Aug 2022Listed for Rent $290 / week
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 9,465 properties. Over the last 5 years, Houses in Morwell have seen a 80.73% increase in median value, while Units have seen a 73.39% increase. As at 31 May 2026:
- The median value for Houses in Morwell is $435,632 while the median value for Units is $358,612.
- Houses have a median rent of $420 while Units have a median rent of $330.
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