8/2 Wallace StreetMorwell VIC 3840
Property Details for 8/2 Wallace St, Morwell
8/2 Wallace St, Morwell is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 261m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in December 2016.
Last Listing description (October 2015)
This property ticks all of the boxes whether it is for living or investment purposes with a premium location only a stones throw away from the Morwell Bowling Club and easy 10 minute stroll to the CBD. Features of this stylish townhouse include, 2 bedrooms with built in robes, spacious open floor plan with large lounge/dining area, immaculate kitchen, split system air conditioning, large laundry, private courtyard, single brick garage with direct entry to home & remote access. Very easy to attract quality, professional tenants being currently leased showing 6.6% gross yield and showing an excellent rental history previously. Please call or SMS Brett Thorburn on 0421 748 992 to discuss this opportunity further.
Property History for 8/2 Wallace St, Morwell, VIC 3840
- 10 Dec 2016Sold for $194,000
- 04 Sep 2015Listed for Sale $195,000
- 13 Feb 2015Listed for Sale $195,000
Recent sales nearby
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0About 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 9,461 properties. Over the last 5 years, Houses in Morwell have seen a 75.67% increase in median value, while Units have seen a 68.03% increase. As at 30 June 2026:
- The median value for Houses in Morwell is $441,367 while the median value for Units is $363,123.
- Houses have a median rent of $420 while Units have a median rent of $330.
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