89 Maryvale Road, Morwell, VIC 3840 | Property Value & History | OnTheHouse
OFF MARKET

89 Maryvale Road
Morwell VIC 3840

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 129m2
Land area: 920m2
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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.

Building Type
House
Year Built
1965
Floor Size
129m2
Land Size
920m2
Local Government
Latrobe
Lot/Plan
1/TP332604

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

A timeline of how this property has performed in the market
Last Sold
$176,000
03 Feb 2018
Listed for Rent
$360/w
25 Jul 2023
  • 21 Mar 2024
    Listed for Sale $357,000
  • 15 Jun 2023
    Listed for Rent $360 / week
  • 21 May 2019
    Listed for Rent $290 / week
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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.
There are currently 56 properties listed for sale, and 7 properties listed for rent in Morwell on OnTheHouse. According to Cotality's data, 616 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.