42/42 Hopetoun AvenueMorwell VIC 3840
Property Details for 42/42-A Hopetoun Ave, Morwell
42/42-A Hopetoun Ave, Morwell is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 334m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 5 bedroom House sold in Morwell in the last 12 months.
Last Listing description (September 2025)
42 & 42A Hopetoun Avenue, Morwell
Live in one, rent the other or invest in both! This well-presented duplex property offers the ideal setup for multi-income potential or mortgage relief by residing in the main house and renting out the self-contained unit. With interest rates trending down, now is the perfect time to secure a high-yield investment or a versatile home.
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Approximate gross rental yield: over 7.5%
Two dwellings on one title:
A spacious 3-bedroom home
- A Locked carport for the house
- Large backyard perfect for families or future development
A modern 2-bedroom unit
- Open-plan living/dining area (unit)
- Ample off-street parking for the unit
- Unit includes an as-new bathroom and toilet
Private entrances for both house and unit on opposite sides of the property
Walking distance to local schools and Morwell township
Just 850m (10-minute walk) to Morwell Train Station
Only 1.2 km to Coles and 15-minute walk to Morwell City Centre
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INVESTOR INFORMATION
Current Rental Income:
House: $320/week (month-to-month; Form 5 notice issued, increasing to $350/week mid-June)
Unit: $285/week (leased; Form 5 notice issued, increasing to $300/week mid-June)
Potential combined income: $650/week or $33,800/year
Separate electricity & water meters for each dwelling
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WHY NOW?
Banks are cutting interest rates, and buyer confidence is climbing this is your chance to secure a high-performing investment or affordable home with income support. Don't let this rare opportunity pass you by!
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Contact us today to book your inspection. Whether you're a savvy investor or a homeowner seeking extra income, this dual-income gem is not to be missed!
Property History for 42/42-A Hopetoun Ave, Morwell, VIC 3840
- 15 Jul 2025Sold for $410,000
- 01 May 2025Listed for Sale $440,000
- 28 May 2019Listed for Sale $298,000
Recent sales nearby
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0About 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 9,455 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.
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