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Investment Property Morwell, VIC, 3840

Suburb Snapshot

Morwell is a suburb in the Latrobe Region of Victoria. Morwell has a population of 13,770 people and 27.11% of its occupants live in rental accommodation. The median listing price for houses is $379,000 and this has changed 1.06% over the past year and changed -0.27% over 2 years.

The median rent in Morwell for houses is $390 per week and the median rental yield is 5.35%. Stock on the market for houses/townhouses has changed 15.22% compared to last year and the average time to sell a house/townhouse is 145 days.The median listing price for units is $295,000 and this has changed -1.34% over the past year. The average unit takes 114 days to sell and the median rent for a unit in Morwell is $280 per week, producing a rental yield of 4.93%.

Supply & Demand in Morwell, Latrobe

1.18%

Current vacancy rate


89

Rental stock available


13,770

Population


27.11%

Rental population


0.77%

Current vacancy rate


292

Rental stock available


73,256

Population


22.34%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Morwell, Latrobe

  House Townhouses Units
Median listing price $379,000 NA $295,000
Median price change - last quarter 1.33% NA 3.75%
Median price change - 1 year 1.06% NA -1.34%
Median price change - 2 years -0.27% NA -5.60%
  House Townhouses Units
Median weekly rent $390 NA $280
Median yield % 5.35% NA 4.93%
Median rent change - 1 year 8.33% NA 3.70%
  House Units
Previous month sales 24 1
Stock on market previous month 318 17
Stock variance vs. last year 15.22% -32.00%
Average days on market 145 114

Morwell investment property listings

Showing 5 of 208 investment properties found in Morwell on realestateinvestar.com.au

101, 1/101 Holmes, Morwell

$500,000

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REVISED PRICE!!

This 5-bedroom, 2-bathroom property with a single-car garage on 933 m2 is built with hardy plank, an iron roof, and aluminum windows. Opposite the Central Primary School of Morwell, it boasts a carpeted lounge, spacious dining area, reverse cycle air conditioning, and central ducted heating. Three ...

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VIC 3840


9 Foster Ave, Morwell

$539,000

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Spacious & Practical Living with Added Extras

Step into this comfortable and inviting home, perfect for first home buyers, investors, or those looking to downsize, offering relaxed, everyday living. Inside, the home features three spacious bedrooms, all with built-in robes, along with a warm and cozy living zone complete with a wood fire ...

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VIC 3840


10 Skeldale Wynd, Morwell

$729,000

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Immaculate Family Living in a Premier Heritage Manor Setting!

Immaculately presented and positioned in the highly sought-after Heritage Manor estate, this spacious and stylish residence delivers exceptional family living with flexibility, comfort and quality throughout. Offering five generous bedrooms, including a spacious main suite complete with a ...

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VIC 3840


10 Manor Rise, Morwell

$735,000

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Space, Elevated Views & Location

Positioned in a quiet court location with a private entrance, 10 Manor Rise delivers space, comfort and flexibility on a generous 1,402m² allotment. Designed with practicality in mind, the home offers a rare combination of multiple living zones, oversized accommodation, all set within a ...

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VIC 3840


3 Park Ave, Morwell

$599,000

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This Is Huge!

Step inside this custom-built home and you'll immediately appreciate the generous proportions on display we recommend heading straight to the floor plan to see just how spacious every room truly is. Tucked away in a quiet street yet close to Mid Valley Shopping Centre and within walking distance ...

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VIC 3840


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