RateMyAgentGo to search
Back 42 Hopetoun Ave
Off Market

42 Hopetoun Ave

Morwell VIC 3840

5
2
1
0 m²
334 m²
Duplex Semi-Detached
Last sold for $410,000
Jim DemetriosJim Demetrios, last sold this property on 14 July 2025 after 74 days on market.

Overview

CHARMING DUAL-INCOME OPPORTUNITY – RENTAL YIELD OVER 7.5%!

42 & 42A Hopetoun Avenue, Morwell Live in one, rent the other – or invest in both! This well-presented duplex property offers the ideal setup for multi-income potential or mortgage relief by residing in the main house and renting out the self-contained unit. With interest rates trending down, now is the perfect time to secure a high-yield investment or a versatile home. ________________________________________ PROPERTY HIGHLIGHTS • Approximate gross rental yield: over 7.5% • Two dwellings on one title: • A spacious 3-bedroom home - A Locked carport for the house - Large backyard – perfect for families or future development • A modern 2-bedroom unit - Open-plan living/dining area (unit) - Ample off-street parking for the unit - Unit includes an as-new bathroom and toilet • Private entrances for both house and unit on opposite sides of the property • Walking distance to local schools and Morwell township • Just 850m (10-minute walk) to Morwell Train Station • Only 1.2 km to Coles and 15-minute walk to Morwell City Centre ________________________________________ INVESTOR INFORMATION • Current Rental Income: • House: $320/week (month-to-month; Form 5 notice issued, increasing to $350/week mid-June) • Unit: $285/week (leased; Form 5 notice issued, increasing to $300/week mid-June) • Potential combined income: $650/week or $33,800/year • Separate electricity & water meters for each dwelling ________________________________________ WHY NOW? Banks are cutting interest rates, and buyer confidence is climbing — this is your chance to secure a high-performing investment or affordable home with income support. Don't let this rare opportunity pass you by! ________________________________________ 📞 Contact us today to book your inspection. Whether you're a savvy investor or a homeowner seeking extra income, this dual-income gem is not to be missed!

Features

5 bedrooms
2 bathrooms
1 carspace
1 garage space
0 m² floor area
334 m² lot size
Duplex Semi-Detached

Estimated Value

We need at least 3 similar 5 bedroom duplex semi-detached properties sold in Morwell over the last 12 months.

Property history for 42 Hopetoun Ave

2025
Sold
$410,000
Private Sale/Treaty on 14 Jul 2025 by Jim Demetrios, of Stockdale & Leggo Morwell
2020
Rented
Undisclosed
Leased on 13 Feb 2020 by Stockdale & Leggo Morwell
2019
Sold
$162,500
Private Sale/Treaty on 04 Dec 2019 by Jim Demetrios, of 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 126 reviews in Morwell over the last 12 months.

Local market activity for 5 bedroom duplex semi-detached properties in Morwell

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Morwell

placeholder
Jesse Watson

Jesse Watson is an award winning recommended agent for Morwell.  They have 30 local sales and collected 25 local reviews across the last 12 months.

  •   5   (53 reviews)
  •  25 Reviews in Morwell
  •  30 Sales in Morwell
View profile
placeholder
Rachel Buglisi

Sellers who recommend Rachel Buglisi have praised them for being clear communication, local expert, responsive, friendly, supportive, reliable and empathetic

  •   4.9   (423 reviews)
  •  23 Reviews in Morwell
  •  25 Sales in Morwell
View profile
placeholder
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
View profile
placeholder
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
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap