423 Princes DriveMorwell VIC 3840
Property Details for 423 Princes Dr, Morwell
423 Princes Dr, Morwell is a 2 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 2 bedroom House sold in Morwell in the last 12 months.
Last Listing description (September 2025)
First National central KW is proud to showcase 423 Princes Drive Morwell, this property presents an exciting opportunity for investors to add to their portfolio with a great rent return currently $390pw and future potential subdivision possibilities (STCA). Investors don’t miss this one!
Property features:
- 2 bedrooms each with BIRs
- Spacious kitchen and living area with ceiling fan and split system heating/ cooling
- Gas cooking appliances
- Large, enclosed backyard space perfect for pets or entertaining
- Carport, Large 689m2 flat block
- Walking distance to Mid Valley shopping Centre, public transport and local sporting facilities
To Arrange a private inspection of this property contact Matt from First National Central KW today!
Property Code: 3079
Property History for 423 Princes Dr, Morwell, VIC 3840
- 19 Aug 2025Sold for $330,000
- 23 Jun 2025Listed for Sale $349,000
- 21 Mar 2025Listed for Sale $349,000
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 9,458 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.
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