40 Chestnut Avenue, Morwell, VIC 3840 | Property Value & History | OnTheHouse
OFF MARKET

40 Chestnut Avenue
Morwell VIC 3840

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 162m2
Land area: 570m2
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Property Details for 40 Chestnut Ave, Morwell

40 Chestnut Ave, Morwell is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2009. The property has a land size of 570m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last transferred in January 2018.

Building Type
House
Year Built
2009
Floor Size
162m2
Land Size
570m2
Local Government
Latrobe
Lot/Plan
364/LP76062

Last Listing description (September 2017)

Located close to Mid Valley Shopping Centre is this lovely 4 bedroom family home.
- WIR & ensuite to main, BIR's to other bedrooms
- 2 separate living zones, ducted gas heating & 2 x reverse cycle split systems

- Modern open plan kitchen with dishwasher, walk in pantry & meals area
- High ceilings, large approx 590m2 block with alfresco area & garden shed
- Double garage with internal access, fully enclosed yard
- Option for vendor to lease back for 6/12 mths at $350pw
Contact Rachel Kobiela on 0401098763 for an inspection or further details.

Property History for 40 Chestnut Ave, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Transferred
05 Jan 2018
  • 05 Jan 2018
    Transferred
  • 20 Jan 2017
    Listed for Sale $285,000
  • 28 Mar 2008
    Sold for $56,000
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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 9,473 properties. Over the last 5 years, Houses in Morwell have seen a 86.04% increase in median value, while Units have seen a 81.41% increase. As at 31 March 2026:

  • The median value for Houses in Morwell is $421,535 while the median value for Units is $343,325.
  • Houses have a median rent of $420 while Units have a median rent of $320.
There are currently 57 properties listed for sale, and 17 properties listed for rent in Morwell on OnTheHouse. According to Cotality's data, 684 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.