š” Morwell, VIC - $779,990
ā
(Main House) 4 BED, 2 BATH, 2 CARPARK + (Granny Flat) 2 BED, 1 BATH
ā
Total Land Area: 1100m2
ā
Main House: 159.58m2 + Granny Flat: 59.53m2
š° Total Forecasted Rental: $970-$1070pw
š Forecasted Yield: up to 7.13%
š Land Registered
Market Insights:
Median Unit Price: $500,000
Median Unit Rental Price: $500pw
Vacancy Rate:(as of Dec 2025) 1.18%
Why Invest in Morwell, VIC?
Prime Location:
Morwell, Victoria is a prime investment location due to its affordable property prices and strong rental yields, making it ideal for investors seeking cash flow. It is a key regional hub in the Latrobe Valley, supported by ongoing government investment, job creation, and economic diversification. With excellent transport links to Melbourne and continued growth in renewable energy and infrastructure, Morwell offers solid potential for long-term capital growth.
Boutique Community:
Morwell is considered a boutique community because it offers a close-knit, small-town lifestyle where residents enjoy strong community connections and local pride. It provides essential services, schools, healthcare, and shopping while maintaining a peaceful, low-density environment. Surrounded by natural attractions and green spaces, Morwell delivers a balanced lifestyle that combines regional charm with everyday convenience.
Educational Facilities:
Morwell offers a well-rounded range of educational facilities, making it ideal for families and long-term residents. The area is home to multiple primary and secondary schools, along with TAFE Gippsland, the Gippsland Tech School, and nearby Federation University for tertiary education. These options provide strong learning pathways from early education through to vocational and university study within the Latrobe Valley.
Infrastructure Developments:
Morwell is benefiting from significant infrastructure investment, strengthening its appeal as a growing regional centre. Key developments include CBD revitalisation, upgraded rail and road transport links, and major industrial and logistics precincts that support job creation and economic growth. Ongoing housing, community, and recreational upgrades are also enhancing liveability, making Morwell well-positioned for long-term growth and investment.
Population Growth:
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.
Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, no legal responsibility can be accepted by Enter House Realty or any loss or damage resulting from the content or the use of this information. Advertised properties are available at time of posting, but prospective buyers should make their own enquiries to confirm availability of the property at the time of enquiry and to satisfy themselves as to its accuracy. Refundable deposits on expressions of interest (EOI) allow interested parties to conduct due diligence before making a commitment and signing the contract. Any photographs show only certain parts of the property as it appeared at the time they were taken. Areas, amounts, measurements, distances and all other numerical information is approximate only.
Property Code: 307