Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

22 McDonald Street, Morwell VIC 3840

$465,000

Search Band Search Visibility Band

$465k - $488k Transparent Transparent Listing Based on an openly advertised listing price.

House 5 Beds 1 Bath 4 Cars 775 m²

Listed: 48 days ago

Updated: 36 days ago

Overview

Positioned on a generous 775 square metre corner allotment, this property presents a rare opportunity to create a versatile living or investment hub. Its dual-dwelling configuration, comprising a weatherboard home with three bedrooms and a renovated bathroom alongside a separate brick veneer unit with two bedrooms featuring built-in robes, offers multi-generational families flexibility in living arrangements or multiple rental income streams.

The main home’s semi-open kitchen, living and dining area promotes a practical living environment, though the entire site is suited to those willing to undertake renovations to unlock its full potential. This potential extends to the substantial shed on the property, which could serve as storage, a workshop, or potentially a home-based business location, adding to the appeal for families or investors seeking both living space and functional extras.

This property’s scope for enhancement makes it ideal for renovators with a clear vision towards maximizing investment returns or creating a comfortable family lifestyle. Its location and size can support various lifestyles, particularly those seeking flexible accommodation setups or space for hobbies and work at home.

Local Market Insights

In Morwell, Quiet Listings observed 29 new houses entering the market over the last 30 days, down from 74 during the previous 30-day period, with an average advertised asking price of $546,584. The property type mix of listed properties is predominantly Houses at 85%, followed by units (9%), and land (6%). The most active agency for houses in the Morwell area is currently Stockdale & Leggo, representing 38% of new listings, followed by McGrath Estate Agents with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.