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Back 4 Doolan Street
Off Market

4 Doolan Street

Morwell VIC 3840

4
2
4
844 m²
House

Overview

Stylishly Renovated Family Home with Investment Appeal

The Phone Code for this property is: 29989. Please quote this number when phoning or texting. This charming four bedroom family home is nestled in a spacious 844sqm block on a peaceful street. It's perfect for a growing family, a first-time home buyer, or an Residential Rental Agreement starts on 25/11/2025 @$550 pw, one year fixed term ending 25/11/2026. Current rental compliance documents included. The house has a striking exterior and a fully fenced yard, you'll find four generously sized bedrooms, all with built-in robes, and two updated bathrooms. The layout is easily adapted into two zones, so elderly parents or younger adults have added privacy, or renters may indeed host a boarder to 1) help with reducing the housing shortage and 2) have additional income contributing to the rental instalments. The house has been recently repainted and features a refitted kitchen, continuous unlimited gas hot water, and ample heating and cooling with several reverse cycle air conditioners and gas space With the convenience of NBN FTTN and 5G mobile coverage, this home offers modern living in a secure and private setting You are invited to set up private inspections at short notice as the house is vacant. A current pest inspection report and preventative treatment documentation is available to view at inspection Affordability Comparison - Dwelling value-to-income ratio (or median multiple) - Morwell's median multiple (houses) of approximately 5.41x ($352,000 : $65,000) is probably the lowest, and exceptionally affordable (in an Australian context), in an established regional centre that is not isolated. Combined with a long history of - 6.2% rental yields, low 1-2% vacancy rates, an estimated year-on-year compound median house value appreciation rate in Morwell, over the last 10 years (2015 to 2025), of approximately 7.9%, comprehensive facilities & services and 90 minute commute to Melbourne, Morwell is an obvious choice for investors. The inevitable value correction could be an added bonus. Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) 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
2 bathrooms
4 carspaces
844 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 4 Doolan Street 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 4 Doolan Street

2025
Rented
Undisclosed
Leased on 03 Dec 2025 by For Sale By Owner Australia
2025
Sold
Undisclosed
Private Sale/Treaty on 19 Nov 2025
2021
Sold
Undisclosed
Private Sale/Treaty on 23 Sep 2021

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 124 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 4 Doolan Street, 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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