89 Maryvale RoadMorwell VIC 3840
Property Details for 89 Maryvale Rd, Morwell
89 Maryvale Rd, Morwell is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 920m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in February 2018.
Last Listing description (July 2025)
This charming three bedroom brick home offers a fantastic opportunity for first home buyers wanting to break into the property market, or savvy investors looking to expand their portfolio. Great location, massive block and loaded with potential for you to take advantage of!
Key Features:
- Three generous bedrooms, two featuring built-in robes.
- Split system air-conditioning and gas heating to keep you cozy.
- Roller Shutters for enhanced security.
- Central bathroom with a shower over the batch, plus a separate toilet for added convenience.
- Estimated rental income of $380 per week, making this an attractive 5%+ yield investment.
Set on an expansive 915m2 block, this property provides abundant space for the family, or even the potential to add a shed, extend the home or subdivide STCA. Located close to all the desired amenities, schools, shops, sporting facilities, and only a short drive to the Morwell CBD or Mid Valley Shopping Centre.
For additional information, or to arrange a private inspection contact Josh Buckle on 0427 333 156.
Property History for 89 Maryvale Rd, Morwell, VIC 3840
- 21 Mar 2024Listed for Sale $357,000
- 15 Jun 2023Listed for Rent $360 / week
- 21 May 2019Listed for Rent $290 / week
Recent sales nearby
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About 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 9,450 properties. Over the last 5 years, Houses in Morwell have seen a 84.99% increase in median value, while Units have seen a 82.28% increase. As at 31 December 2025:
- The median value for Houses in Morwell is $386,273 while the median value for Units is $317,232.
- Houses have a median rent of $420 while Units have a median rent of $310.
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