Back 423 Princes Dr
Off Market

423 Princes Dr

Morwell VIC 3840

2
1
1
House
Matthew HamiltonMatthew Hamilton, last sold this property on 01 September 2025 after 164 days on market.

Overview

Exciting Investment Opportunity with Subdivision Potential

First National central KW is proud to showcase 423 Princes Drive Morwell, this property presents an exciting opportunity for investors to add to their portfolio with a great rent return currently $390pw and future potential subdivision possibilities (STCA). Investors don’t miss this one! Property features: - 2 bedrooms each with BIRs - Spacious kitchen and living area with ceiling fan and split system heating/ cooling - Gas cooking appliances - Large, enclosed backyard space perfect for pets or entertaining - Carport, Large 689m2 flat block - Walking distance to Mid Valley shopping Centre, public transport and local sporting facilities To Arrange a private inspection of this property contact Matt from First National Central KW today! Property Code: 3079

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Morwell over the last 12 months, the estimated median property value of 423 Princes Dr is $312.5k.

Median value
$312.5k
Estimated value range
$190k - $470k
Median days on market
55
Estimated value trend
17%
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 423 Princes Dr

2025
Sold
Undisclosed
Private Sale/Treaty on 01 Sep 2025 by Matthew Hamilton, of First National Real Estate Central KW
2022
Rented
Undisclosed
Leased on 27 Jul 2022 by Stockdale & Leggo Morwell
2019
Rented
Undisclosed
Leased on 30 Oct 2019 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 123 reviews in Morwell over the last 12 months.

Local market activity for 2 bedroom houses in Morwell

In the last 12 months, 65 two-bedroom houses similar to 423 Princes Dr, have been sold.

This represents a 14% decrease in two-bedroom houses sales when compared to the previous 12 months.

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