40 Wallace Street, Morwell, VIC 3840 | Property Value & History | OnTheHouse
OFF MARKET

40 Wallace Street
Morwell VIC 3840

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 132m2
Land area: 658m2
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Property Details for 40 Wallace St, Morwell

40 Wallace St, Morwell is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 658m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Year Built
1960
Floor Size
132m2
Land Size
658m2
Local Government
Latrobe
Lot/Plan
2/LP56793

Last Listing description (January 2023)

This very spacious 3 bedroom home features BIR's to all bedrooms, ceiling fans and split system cooling to two bedrooms as well as the lounge room, generous sized kitchen and dinning with a huge stainless steal gas oven and separate shower and bath. Outside you will find a high single car carport and lockable garage.

Property History for 40 Wallace St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$245,000
17 Apr 2021
Listed for Rent
$360/w
31 Jan 2023
  • 20 Dec 2022
    Listed for Rent $360 / week
  • 17 Apr 2021
    Sold for $245,000
  • 10 Sep 2020
    Listed for Sale $242,500
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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 9,469 properties. Over the last 5 years, Houses in Morwell have seen a 87.65% increase in median value, while Units have seen a 83.79% increase. As at 28 February 2026:

  • The median value for Houses in Morwell is $412,450 while the median value for Units is $328,348.
  • Houses have a median rent of $420 while Units have a median rent of $320.
There are currently 56 properties listed for sale, and 20 properties listed for rent in Morwell on OnTheHouse. According to Cotality's data, 655 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.