Back 38 Butters Street
Off Market

38 Butters Street

Morwell VIC 3840

3
1
1
605 m²
House
Jesse WatsonJesse Watson, last sold this property on 16 November 2025 after 47 days on market.

Overview

Neat & Tidy Investment Opportunity

Perfectly positioned in a convenient Morwell location, 38 Butters Street offers a fantastic opportunity for investors. This well-presented 3-bedroom weatherboard home sits on a generous 605m² block, combining comfort, functionality, and strong rental returns. Investment Highlights: • $330 per week rental income with an increase to $350 per week from April 2026 • Excellent long-term tenants already in place • Solid 3-bedroom home – two with built-in robes • Split system air conditioning • Generous kitchen with plenty of cupboard space • Outdoor deck • Single lock-up garage plus 2x garden sheds • Low maintenance 605m² block – easy to manage • Close to schools, public transport, and sports facilities • Strong rental demand area – low vacancy risk Whether you’re looking to expand your portfolio or start with a solid foundation, this property offers immediate returns, great tenants, and long-term potential. With rental growth already scheduled and minimal upkeep required, it's the ideal "set and forget" investment. Enquire now and secure a high-performing asset in a proven location. Property Code: 3191

Features

3 bedrooms
1 bathroom
1 carspace
1 carport space
605 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 38 Butters Street 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 38 Butters Street

2025
Sold
Undisclosed
Private Sale/Treaty on 16 Nov 2025 by Jesse Watson, of First National Real Estate Central KW
2022
Rented
Undisclosed
Leased on 21 Jul 2022 by First National Real Estate Central KW
2018
Sold
Undisclosed
Private Sale/Treaty on 11 Dec 2018 by Jake Gardam, 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 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 38 Butters Street, have been sold.

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

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