Back 2/40-42 Bridle Road
Off Market

2/40-42 Bridle Road

Morwell VIC 3840

2
1
1
Unit
Jesse WatsonJesse Watson, last sold this property on 24 May 2026 after 69 days on market.

Overview

Affordable & Renovated in Bridle Estate

Perfectly positioned in the heart of Morwell's popular Bridle Estate, this recently renovated 2-bedroom brick unit presents a fantastic opportunity for first-home buyers, downsizers, or savvy investors. With modern updates and a rare backyard, this property offers excellent value and strong rental appeal. Property Features: - 2 generously sized bedrooms with built-in robes - Modern kitchen with electric appliances - Cosy living area with split system heating & cooling - Central bathroom with vanity, toilet & shower - Good-sized private backyard — rare for a unit! - Your own personal car park - Walking distance to schools, public transport & Mid Valley Shopping Centre - Currently vacant — move in or lease out immediately - Estimated rental return: Currently advertised for $360 per week Whether you're looking to move straight in or add a solid investment to your portfolio, this low-maintenance unit ticks all the boxes. Located in a quiet, well-established area close to all amenities, this is an opportunity not to be missed. Property Code: 3323

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Morwell over the last 12 months, the estimated median property value of 2/40-42 Bridle Road is $323k.

Median value
$323k
Estimated value range
$215k - $413k
Median days on market
70
Estimated value trend
21%
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 2/40-42 Bridle Road

2026
Sold
Undisclosed
24 May 2026 by Jesse Watson, of First National Real Estate Central KW

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 120 reviews in Morwell over the last 12 months.

Local market activity for 2 bedroom units in Morwell

In the last 12 months, 42 two-bedroom units similar to 2/40-42 Bridle Road, have been sold.

This represents a 53% decrease in two-bedroom units sales when compared to the previous 12 months.

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