Lot 24 - Panorama Estate - Morwell

Description

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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.

• Property Type: House and Land
• Property Stage:
• Price: $ 639,150.00
• Land Price: $ 275,000.00
• Build Price: $ 364,150.00
• Beds: 4
• Bath: 2
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: Freemont 199
• Completion: N/A
• Land Size: 770
• Area Size: 199.00
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 455.00
• Est. Body Corp.: N/A
• Title Status: Q1 2025
• Gross Per Week: $ 455.00
• Gross Per Annum: $ 23,660.00
• Gross Yield: 3.70%
• Capital Growth 12 Months: -1.89%
• Capital Growth 10 Year Annualised: 7.49%
• Vacancy Rate: 3.43%