49 Savige StreetMorwell VIC 3840
Property Details for 49 Savige St, Morwell
49 Savige St, Morwell is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 678m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Last Listing description (January 2020)
This property represents great value - either for first home owners or budding investors. On offer is a 2 bedroom conite home on an elevated 664m2 allotment featuring an updated timber and laminate kitchen with electric cooking and polished hardwood floors, new carpet throughout and adjoining dining area. The lounge has a modern gas space heater and lots of natural light.Externally there is a lock up garage and secure rear yard, plus a children's playground right next door.Currently leased at $185pw with an expiry of January 2020 - a gross return of 6.5%.
Property History for 49 Savige St, Morwell, VIC 3840
- 05 Nov 2019Sold for $142,000
- 09 Aug 2018Listed for Rent $185 / week
- 23 Jul 2018Listed for Sale Not Disclosed
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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 9,472 properties. Over the last 5 years, Houses in Morwell have seen a 82.39% increase in median value, while Units have seen a 77.92% increase. As at 30 April 2026:
- The median value for Houses in Morwell is $426,818 while the median value for Units is $362,419.
- Houses have a median rent of $420 while Units have a median rent of $330.
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