Back 1 Sherrin St
Off Market

1 Sherrin St

Morwell VIC 3840

2
1
1
622 m²
House
Last sold for $329,000
Tyson JenkinTyson Jenkin, last sold this property on 10 September 2025 after 183 days on market.

Overview

High-Yield Investment with Future Growth Potential

This freshly renovated, low-maintenance two bedroom property is a turnkey investment, now leased on a 12 month agreement at $390 per week. Offering a solid 6.2% yield, this home presents an excellent opportunity for investors seeking a hassle free asset with strong, secure rental returns. Positioned on a desirable corner block, this property offers exciting development potential. Investors have the option to add an additional dwelling (granny flat) to significantly increase rental income or subdivide and build a second home, STCA. The home itself has been fully renovated, offering modern style and comfort. Inside, the spacious layout includes a large kitchen, a bright sunroom and generously sized bedrooms. The entire interior has been updated with new flooring and freshly painted walls in neutral tones, creating a warm and inviting atmosphere. A brand new reverse cycle split system and a 'real flame' electric fireplace provide year-round comfort, while the fully updated bathroom and toilet add a contemporary touch. The exterior has also been refreshed, with a newly painted facade and repointed roof. The fully fenced yard offers security and privacy, complemented by a large garage with a workshop and shed For further information or to arrange your private inspection contact Tyson Jenkin today on 0456 588 078. Keith Williams Real Estate Traralgon ~ Over 80 Years In Real Estate Note: All information on this listing has been provided to Keith Williams Real Estate Traralgon by third parties. This information should not be relied upon, and property buyers are advised to conduct their own due diligence before making a property purchase.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
622 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Morwell over the last 12 months, the estimated median property value of 1 Sherrin St is $312.5k.

Median value
$312.5k
Estimated value range
$190k - $470k
Median days on market
55
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Morwell. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 Sherrin St

2025
Rented
Undisclosed
Leased on 10 Dec 2025 by Latrobe Valley Real Estate - Traralgon
2025
Rented
Undisclosed
Leased on 02 Oct 2025 by Latrobe Valley Real Estate - Traralgon
2025
Sold
$329,000
10 Sep 2025 by Tyson Jenkin, of Keith Williams Real Estate

Happy sellers in Morwell

86%
86% of sellers in Morwell reported that their sale price either exceeded or met their price expectations.

Morwell stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 123 reviews in Morwell over the last 12 months.

Local market activity for 2 bedroom houses in Morwell

In the last 12 months, 65 two-bedroom houses similar to 1 Sherrin St, have been sold.

This represents a 14% decrease in two-bedroom houses sales when compared to the previous 12 months.

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