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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 1 of 1 investment properties found in Morwell on realestateinvestar.com.au

90 Church St, Morwell

$380,000

property pic

HOT PROPERTY ALERT - 90 CHURCH STREET, MORWELL

Charming Weatherboard Home with Huge Potential - $380,000 Move fast or you're missing out! Whether you're a savvy investor or an owner-occupier ready to make your mark, this solid and spacious weatherboard home ticks all the right boxes. Centrally located and packed with character, this is a rare ...

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VIC 3840


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