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Lot 14 – Panorama Estate – Morwell

$618,750

Morwell, City of Latrobe, VIC, 3840

SMSF Friendly

Morwell, City of Latrobe, VIC, 3840

$618,750

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Overview

Property ID: LA-636407

House and Land
Property Type

4
Bedrooms

2
Bathrooms

2
Parking

176.00
m²

Details

Updated on September 22, 2024 at 5:45 am

Property Type: House and Land
Price: $618,750
Land Price: $240,000
Build Price: $378,750
Gross Per Week: $550
Gross Per Annum: $22,360
Gross Yield: 4.62%
SMSF Deposit: $216,563
Capital Growth 12 Months: -1.89%
Capital Growth 10 Year Annualised: 7.49%
Vacancy Rate: 3.43%
Property Size: 176.00 m²
Land Area: 603 m²
Bedrooms: 4
Bathrooms: 2
Parking: 2
Title Status: January 2025
Floor Plan: Easton
Investor Type: -
Property ID: LA-636407
SKU: 1001

Description

*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.

Address

Open on Google Maps

Address City of Latrobe, Morwell, VIC, 3840
City City of Latrobe
State VIC
Postcode 3840
Suburb Morwell

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Latitude Property has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.

Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property can be converted to a single contract suitable for an SMSF at a cost.

This property is a single-contract property suitable for an SMSF.

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