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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 244 investment properties found in Morwell on realestateinvestar.com.au

2 Field Ct, Morwell

$565,000

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Beautifully Renovated Home in Quiet Court Location

ositioned in a quiet court location, this beautifully renovated home offers modern comfort, style and convenience for families, first home buyers or savvy investors alike. Step inside and be impressed by the fresh contemporary updates throughout, creating a warm and welcoming atmosphere from the ...

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House

VIC 3840


104 Airliebank Rd, Morwell

$410,000

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THE FIRST STEP UP THE PROPERTY LADDER

A fantastic opportunity exists for a savvy investor or first home buyer to purchase this 2-bedroom B.V. home in the premier area of the Bridle Estate. Features: 2 generous bedrooms, both with B.I. robes; open-plan lounge/kitchen area with cooking facilities, gas heating, and a new air conditioner; ...

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House

VIC 3840


23 Cherry Cres, Morwell

$649,000

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The Brief: Renovated to Impress

It's Addressed: Perfectly positioned on a generous 735m² block, this extensively renovated 4 bedroom family home delivers modern comfort, quality finishes, and effortless living in a highly convenient location. Designed to impress from the moment you step inside, the home features a spacious ...

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House

VIC 3840


14 Josie Pl, Morwell

$745,000

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Where Family Living Has Room to Grow

Designed with space, comfort, and connection in mind, this impressive Morwell residence delivers the ultimate family lifestyle. With multiple living zones, generous bedrooms, and outstanding outdoor entertaining, there's room here for every member of the family to live, relax, and unwind in their ...

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VIC 3840


178 Maryvale Rd, Morwell

$489,000

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Reliable Investment or Ideal First Home Opportunity

Positioned on a generous allotment, 178 Maryvale Road presents a solid opportunity for home buyers and investors alike. Offering comfortable living, this is a property that delivers space, functionality and future potential. The home comprises three well-proportioned bedrooms, each featuring ...

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House

VIC 3840


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