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Lot 24 - Panorama Estate - Morwell

$ 664,650.00

Morwell, City of Latrobe, VIC, 3840

  • 2 Bathrooms
  • 4 Beds
  • 2 Cars

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.* 

Morwell is a town located in the Latrobe Valley region of Victoria, Australia.Morwell is situated approximately 149 kilometers east of Melbourne, the capital city of Victoria. It is part of the Latrobe City local government area.

The town and its surrounding area offer various recreational opportunities. The nearby Strzelecki Ranges and Tarra-Bulga National Park provide opportunities for bushwalking, picnicking, and wildlife viewing. The Hazelwood Pondage, a popular spot for fishing and water sports, is also nearby.

Morwell has several primary and secondary schools, both public and private, serving the educational needs of the local community. Federation University has a campus in nearby Churchill, providing tertiary education opportunities.

Morwell is accessible by road and rail. The Princes Freeway (M1) connects the town to Melbourne, and V/Line train services offer rail connections to Melbourne and other regional centers.

Morwell offers shopping facilities, including supermarkets, retail stores, and local markets. It has essential amenities such as banks, post offices, and various dining options.

Additional Details

Property Type House and Land
Price $ 664,650.00
Land Price $ 275,000.00
Build Price $ 389,650.00
Beds 4
Bath 2
Garage 2
Storey 1
Floor Plan Freemont 199
Land Size 770
Area Size 199.00
Est. Rent PW 455.00
Title Status Registered
Gross Per Week $ 455.00
Gross Per Annum $ 23,660.00
Gross Yield 3.56%
Capital Growth 12 Months -1.89%
Capital Growth 10 Year Annualised 7.49%
Vacancy Rate 3.43%

Morwell, City of Latrobe, VIC, 3840