5/2 Opal Place, Morwell, VIC 3840 | Property Value & History | OnTheHouse
OFF MARKET

5/2 Opal Place
Morwell VIC 3840

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 14m2
Land area: 84m2
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Last updated 14 Sep 2026
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Property Details for 5/2 Opal Pl, Morwell

5/2 Opal Pl, Morwell is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 84m2 and floor size of 14m2. While the property is not currently for sale or for rent, it was last sold in September 2013.

Building Type
Unit
Year Built
1980
Floor Size
14m2
Land Size
84m2
Local Government
Latrobe
Lot/Plan
11/RP17811

Last Listing description (September 2026)

Whether you're looking to expand your investment portfolio or secure a low-maintenance property in a prime location, this beautifully presented two-bedroom unit is an opportunity not to be missed.Currently leased to long-term tenants returning $320 per week, it offers immediate rental income and excellent investment appeal.Inside, both bedrooms feature built-in robes, while the light-filled open-plan living, dining and kitchen area is enhanced by exposed timber beams, adding warmth and character to the home. The functional kitchen flows seamlessly into the meals and living space, creating an inviting everyday layout.Outside, enjoy the convenience of a single carport, a private courtyard and garden.Perfectly positioned just 50 metres from FoodWorks, takeaway restaurants, schools and public transport, this is a smart investment in an exceptionally convenient location.Key Features: Long-term tenants in place at $320 per week Two bedrooms with built-in robes Open-plan living, dining and kitchen Character-filled exposed timber beams Private courtyard and low-maintenance garden Single carport Walk to shops, schools and public transport

Property History for 5/2 Opal Pl, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$112,500
18 Sep 2013
  • 01 Sep 2026
    Listed for Sale $320,000
  • 18 Sep 2013
    Sold for $112,500
  • 22 Aug 2013
    Listed for Sale $119,500 NEGOTIABLE
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About Morwell 3840

The size of Morwell is approximately 44.9 square kilometres. There are 31 parks, covering nearly 5.9% of the 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 9,488 properties. Over the last 5 years, Houses in Morwell have seen a 70.60% increase in median value, while Units have seen a 62.94% increase. As at 31 August 2026:

  • The median value for Houses in Morwell is $449,621 while the median value for Units is $363,863.
  • Houses have a median rent of $420 while Units have a median rent of $330.
There are currently 69 properties listed for sale, and 34 properties listed for rent in Morwell on OnTheHouse. According to Cotality's data, 642 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.