Back 3 Olive Dr
Off Market

3 Olive Dr

Morwell VIC 3840

3
1
3
0 sq.
617 m²
House
Last sold for $348,000
Jenny RutherfordJenny Rutherford, last sold this property on 02 June 2025 after 496 days on market.

Overview

A FAMILY FAOURITE WITH GREAT POTENTIAL

Situated in the premier location of the Bridle Estate and walking distance to Mid Valley shops, schools & parks. The 3 bedroom BV home sits on a 617sqm allotment with a double lockup garage & single carport. The home features an open plan design with lounge/dining/kitchen. The 3 bedrooms have BI robes and central bathroom, secure and convenient with gas heater & extensive tiled floors throughout the high traffic area. This home provides tremendous value in this sought after locale. Currently rented returning $19,760 per annum

Features

3 bedrooms
1 bathroom
3 carspaces
1 carport space
2 garage spaces
0 sq. floor area
617 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Morwell over the last 12 months, the estimated median property value of 3 Olive Dr is $400k.

Median value
$400k
Estimated value range
$205.25k - $740k
Median days on market
57
Estimated value trend
15%
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 3 Olive Dr

2025
Sold
$348,000
02 Jun 2025 by Jenny Rutherford, of Stockdale & Leggo Morwell
2023
Rented
Undisclosed
Leased on 22 Jan 2023 by Stockdale & Leggo Morwell
2022
Rented
Undisclosed
Leased on 19 Jul 2022 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 125 reviews in Morwell over the last 12 months.

Local market activity for 3 bedroom houses in Morwell

In the last 12 months, 280 three-bedroom houses similar to 3 Olive Dr, have been sold.

This represents a 26% decrease in three-bedroom houses sales when compared to the previous 12 months.

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