Back 7 Rachel Way
Off Market

7 Rachel Way

Morwell VIC 3840

3
1
3
0 m²
634 m²
House
Last sold for $403,000
Nathan KlepNathan Klep, last sold this property on 17 July 2022 after 30 days on market.

Overview

Affordable First Home Or Investment Opportunity

This brick veneer home is situated in a quiet cul de sac on an approx. 634m² allotment. The home is just a short drive to schools, shops, CBD, train station and leisure centre. The home is neat & tidy and offers 3 bedrooms with BIR's, family bathroom, beautiful timber kitchen with electric cooking, meals area and adjoining living room, complete with Gas Log Fire. The home is comfortable all year long with the gas central heating and the split system heating/cooling. The home features a well sized laundry and great sized storage room/study as well. Outside there is a brick garage with concrete floor, power and remote door, as well as a covered patio area for entertaining. This home would suit the first home buyer, owner occupier or the astute investor.

Features

3 bedrooms
1 bathroom
3 carspaces
1 carport space
2 garage spaces
0 m² floor area
634 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 7 Rachel Way 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 7 Rachel Way

2022
Rented
Undisclosed
Leased on 16 Sep 2022 by First National Real Estate Central KW
2022
Sold
$403,000
17 Jul 2022 by Nathan Klep, 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 3 bedroom houses in Morwell

In the last 12 months, 279 three-bedroom houses similar to 7 Rachel Way, have been sold.

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

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