21 Morrell St, Wangaratta is a 3 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 652m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 3 bedroom House sold in Wangaratta in the last 12 months.
Positioned on a generous 635m (approx.) fully fenced allotment in a convenient Wangaratta location, this solid red brick home presents an outstanding opportunity for investors, self-managed super funds (SMSFs) and buyers looking to secure a quality property with immediate income.
Currently leased to an excellent tenant returning $410 per week, the property offers an attractive approximately 5.5% gross rental yield, making it a compelling addition to any investment portfolio.
Inside, the home offers three well-proportioned bedrooms, each complete with ceiling fans for year-round comfort. A light-filled living area is serviced by a split system heating and cooling unit, while the updated kitchen provides excellent functionality with a gas cooktop, electric oven and ample storage. The updated bathroom further enhances the home's appeal, ensuring there's little to do for the next owner.
Stepping outside, you'll find a spacious undercover timber entertaining deck overlooking the large, secure backyard, providing plenty of room for children and pets while offering excellent outdoor living space.
Conveniently located within easy reach of supermarkets, local shopping, schools and everyday amenities, this is a low-maintenance investment in a high-demand rental location.
Whether you're expanding your investment portfolio, purchasing through a self-managed super fund, or looking for a quality home with immediate rental income, 21 Morrell Street represents exceptional value in today's market.
For further information or to arrange a private inspection, please contact:
Connor Tait - Tait Real Estate
M: 0493 674 245
E: connor@taitrealestate.com.au
W: www.taitrealestate.com.au
The size of Wangaratta is approximately 47.0 square kilometres. There are 55 parks, covering nearly 8.0% of the total area. The population of Wangaratta in 2016 was 18102 people. By 2021 the population was 19214 showing a population growth of 6.1% in the area during that time. The predominant age group in Wangaratta is 60-69 years. Households in Wangaratta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wangaratta work in a professional occupation.In 2021, 66.70% of the homes in Wangaratta were owner-occupied compared with 66.10% in 2016.
Wangaratta has 12,072 properties. Over the last 5 years, Houses in Wangaratta have seen a 37.90% increase in median value, while Units have seen a 28.35% increase. As at 31 August 2026:
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