Back Unit 4/7 Elgin Street
Off Market

Unit 4/7 Elgin Street

Morwell VIC 3840

2
1
1
Unit
Jesse WatsonJesse Watson, last sold this property on 25 June 2026 after 30 days on market.

Overview

Low-Maintenance Investment in Prime Location

Positioned in a convenient location within walking distance to Morwell’s CBD, public transport, local shopping, Coles, and the train station, this neat and tidy brick unit presents an outstanding investment opportunity with a fantastic long-term tenant already in place. Offering comfort, practicality, and low-maintenance living, this well-kept unit is currently leased at $330 per week until September 2027, making it an ideal addition to any investment portfolio. Features: - Two generous bedrooms, both fitted with built-in robes - Modern kitchen with adjoining dining area - Decent-sized living area with split system heating and cooling - Gas cooking appliances - Central bathroom with shower and toilet - Good-sized private courtyard at the rear - Personal carport located directly out the front Whether you’re looking to expand your investment portfolio or secure a well-located property with immediate rental return, this solid and conveniently positioned unit is one not to miss. Property Code: 3393

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Morwell over the last 12 months, the estimated median property value of Unit 4/7 Elgin Street is $321k.

Median value
$321k
Estimated value range
$215k - $413k
Median days on market
67
Estimated value trend
20%
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 Unit 4/7 Elgin Street

2026
Sold
Undisclosed
25 Jun 2026 by Jesse Watson, of First National Real Estate Central KW
2022
Rented
Undisclosed
Leased on 26 Sep 2022 by First National Real Estate Central KW

Happy sellers in Morwell

88%
88% 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 119 reviews in Morwell over the last 12 months.

Local market activity for 2 bedroom units in Morwell

In the last 12 months, 41 two-bedroom units similar to Unit 4/7 Elgin Street, have been sold.

This represents a 18% decrease in two-bedroom units sales when compared to the previous 12 months.

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