Back 303 Princes Drive
Off Market

303 Princes Drive

Morwell VIC 3840

3
1
1
775 m²
House
Charmaine Pezzutto-WhiteCharmaine Pezzutto-White, last sold this property on 11 July 2026 after 35 days on market.

Overview

A HOME READY MADE WITH FUTURE POTENTIAL

303 Princess Drive, Morwell Whether you're searching for your first home, a ready-made investment or a property with future potential, this beautifully refreshed residence delivers an exceptional combination of comfort, convenience and opportunity. From the moment you arrive, you'll appreciate the inviting feel of a home that has been thoughtfully updated and presented in a crisp, modern colour palette. Inside, the functional floor plan creates an easy flow between living spaces, offering a comfortable environment suited to everyday living and entertaining alike. At the heart of the home, the updated open-plan kitchen provides a practical and welcoming space to cook, connect and gather. Overlooking the main dining area, it forms the central hub of the home while enhancing the sense of space and functionality throughout. Accommodation comprises three well-sized bedrooms serviced by a central bathroom, while reverse cycle heating and cooling ensures year-round comfort. Fresh renovations throughout mean there is nothing left to do but move in and enjoy. Stepping outside, the property continues to impress with a fully fenced and secure yard set on an approximately 775m² allotment. Offering space, privacy and flexibility, the substantial land component presents exciting possibilities for owner occupiers, investors and those looking to explore future development opportunities, subject to council approval. Adding further practicality is a single garage, garden shed, exterior toilet and secure driveway access, providing valuable storage and workspace options. The generous backyard creates room for children and pets to play while also offering scope for future improvements. For investors, the property presents an attractive opportunity with an estimated gross rental yield of approximately 5%, combining immediate income potential with the benefit of a renovated, low-maintenance home. Positioned within easy reach of Morwell's schools, shopping precinct, public transport and sporting facilities, this is a turnkey opportunity offering immediate enjoyment today and exciting possibilities for tomorrow. A neat, updated and move-in-ready property with broad buyer appeal, 303 Princes Drive presents an outstanding opportunity to secure lifestyle, convenience and long-term value in one of Morwell's most accessible locations. Disclaimer: Home Road Real Estate has taken care to ensure the accuracy of the information provided in this listing. However, we make no guarantee as to its completeness or correctness, and interested parties are advised to conduct their own independent enquiries to verify all details.

Features

3 bedrooms
1 bathroom
1 carspace
775 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 303 Princes Drive is $433.5k.

Median value
$433.5k
Estimated value range
$237k - $1.02m
Median days on market
52
Estimated value trend
24%
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 303 Princes Drive

2026
Sold
Undisclosed
Private Sale/Treaty on 11 Jul 2026 by Charmaine Pezzutto-White, of Home Road Real Estate

Happy sellers in Morwell

90%
90% 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 91 reviews in Morwell over the last 12 months.

Local market activity for 3 bedroom houses in Morwell

In the last 12 months, 215 three-bedroom houses similar to 303 Princes Drive, have been sold.

This represents a 27% increase in three-bedroom houses sales when compared to the previous 12 months.

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