40 West Vale Drive, Morwell, VIC 3840 | Property Value & History | OnTheHouse
OFF MARKET

40 West Vale Drive
Morwell VIC 3840

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 143m2
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Property Details for 40 West Vale Dr, Morwell

40 West Vale Dr, Morwell is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 143m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1980
Floor Size
90m2
Land Size
143m2
Local Government
Latrobe
Lot/Plan
113/RP19559

Last Listing description (October 2023)

Located straight across the road from Bunnings and Mid Valley Shopping Centre.

This unit is as neat as a pin and would make a great investment with elderly tenants already in place and wanting to stay on.

Featuring 2 good sized bedrooms with robes, the Master bedroom having a s/system + c/fan and a WIR that leads through to a semi ensuite/bathroom with separate shower recess and full size bath.

The Cathedral ceilings in the lounge/dining room areas gives an extra feeling of space and a gas wall furnace to keep the chill at bay. Theres a functional Kitchen and a lovely private undercover outdoor area to sit and relax.

Day/night blinds and external window awnings to the North facing windows for privacy and to block the sun in the heat of Summer and a convenient single carport for your vehicle.

An affordable property in a perfect position, this one cant be missed. Call Strzelecki Realty now on (03) 5127 1333.

Property Code: 1848

Property History for 40 West Vale Dr, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$242,000
30 Jun 2023
Listed for Rent
$200/w
25 Aug 2015
  • 30 Jun 2023
    Sold for $242,000
  • 17 Jun 2023
    Listed for Sale SOLD - Price Withheld
  • 30 Jul 2015
    Listed for Rent $200 / week
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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.