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Back 16 Sherrin St
Off Market

16 Sherrin St

Morwell VIC 3840

4
1
1
174 m²
666 m²
House

Overview

Charming 4-Bedroom Investment with Guaranteed Yield

The Phone Code for this property is: 27236. Please quote this number when phoning or texting. Nestled in a serene setting on a generous 666 sqm block, this charming 4-bedroom abode presents a lucrative, "set and forget" opportunity. The property features impeccable, house proud, non-smoking, long-term tenants with a flawless rental history since 2019, secured until October 2028, returning $515-$535 per week-delivering a strong 6% yield with built-in annual increments. Modern Comforts & Compliance Step into a home where comfort meets convenience. A modern steel panel front fence provides sophisticated curb appeal while ensuring privacy and secure off-street parking. This property is fully up to date, boasting: Freshly repainted exterior walls and roof Gas freestanding oven/stove and Dishwasher both less than 3 yr old. Brand new compliance: Gas and electrical safety audits completed Jan & Feb 2026. Full connectivity: Gas, town water, electricity, and town sewer; 5G and FTTN broadband available. Peace of mind: Located entirely outside of bushfire, flood, or heritage overlays. 600m to local strip shops & fast food. 500m to primary/kinder school & milk bar. Lifestyle & Location The allure of this residence extends beyond its boundaries. Backing directly onto a delightful toddlers' park, the home offers an "extended playground" right at your back gate. Outdoor Living: Front and rear lawns are perfect for al fresco gatherings, while the securely fenced backyard provides a safe haven for pets to roam. Entertainment & Hobby Space: Host guests at the concrete-paved BBQ area or retreat to the lockable downstairs storeroom and workshop-an ideal space for DIY projects and extra storage. Accessibility: Thoughtfully designed with easy wheelchair access and Built-In Robes (BIRs) in all bedrooms. Authentic Viewing The attached photos reflect the property in its honest, lived-in charm, providing a transparent look at this thriving investment. These photos were captured by a paid professional on 30/01/2026 and have NOT been modified, edited or filtered. Faces redacted for privacy. UP DATE - 27m of Rear Boundary paling fence replaced on 06/02/2026 photos added. Deal directly with the promptly accessible owner. Private viewing by appointment only. Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Features

4 bedrooms
1 bathroom
1 carspace
174 m² floor area
666 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Morwell over the last 12 months, the estimated median property value of 16 Sherrin St is $515k.

Median value
$515k
Estimated value range
$295k - $965k
Median days on market
71
Estimated value trend
23%
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 16 Sherrin St

2026
Sold
Undisclosed
Private Sale/Treaty on 11 Feb 2026
2019
Rented
Undisclosed
Leased on 28 Nov 2019 by Stockdale & Leggo Morwell
2019
Rented
Undisclosed
Leased on 08 Nov 2019 by Stockdale & Leggo Morwell

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 4 bedroom houses in Morwell

In the last 12 months, 102 four-bedroom houses similar to 16 Sherrin St, have been sold.

This represents a 62% decrease in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Morwell

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Jesse Watson

Jesse Watson is an award winning recommended agent for Morwell.  They have 32 local sales and collected 25 local reviews across the last 12 months.

  •   5   (53 reviews)
  •  25 Reviews in Morwell
  •  32 Sales in Morwell
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Jim Demetrios

Jim Demetrios is a recommended agent for Morwell.  They have 81 local sales and collected 21 local reviews across the last 12 months.

  •   5   (305 reviews)
  •  21 Reviews in Morwell
  •  81 Sales in Morwell
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Rachel Buglisi

Sellers who recommend Rachel Buglisi have praised them for being clear communication, local expert, responsive, friendly, supportive, reliable and empathetic

  •   4.9   (421 reviews)
  •  21 Reviews in Morwell
  •  24 Sales in Morwell
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Nathan Klep

Nathan Klep is an award winning recommended agent for Morwell.  They have 41 local sales and collected 22 local reviews across the last 12 months.

  •   4.9   (342 reviews)
  •  22 Reviews in Morwell
  •  41 Sales in Morwell
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