Real Estate & Finance

Property Report & Market Data In Morwell

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Average Market Value In Morwell

Discover an accurate property market values with Cockatoo’s expert guidance.

Property values in Morwell remain affordable compared to metropolitan Victoria, with moderate growth over the past two years. The suburb is attractive for first-home buyers and investors due to its steady rental yields and demand.

320000

Median House Price

2.5 %

House Price Growth

210000

Median Unit Price

1.9 %

Unit Price Growth

Sales Trends In Morwell

Stay ahead of the fast-moving sales trends around Morwell

Sales volumes have remained steady in 2023–2024, with moderate price growth and reduced days on market expected as demand keeps up with supply.

190

Total Houses Sold

60

Total Units Sold

32

Days On Market (Houses)

5.5

Vendor Discount

Local Population Movement In Morwell

Learn who is moving in and out of Morwell! Is it on the rise or decline?

Morwell has seen stable population numbers, with some out-migration of younger adults to metropolitan areas, balanced by older residents and new arrivals attracted by affordable living.

14638

Population Size In Morwell

0.3

Population Growth In Morwell

50-59

Dominant Age Group InMorwell

Couples without children

Household Types In Morwell

Market Decline or Growth Indicators For Morwell

Learn who is moving in and out of Morwell! Is it on the rise or decline?

Morwell's market is showing signs of stabilisation after a brief period of growth; stock levels remain moderate, and rental demand supports ongoing investment interest.

2.1

Annual Price Growth In Morwell

210

Sales Activity Rate In Morwell

4

Average Stock Inventory Time InMorwell

Rental Yields and Demand In Morwell

Find out if this is a good investment opportunity buying real estate in and around Morwell

Rental yields in Morwell are above the Victorian regional average, making it attractive to investors. Demand is high, supporting steady rental price growth.

190

Total Houses Sold

60

Total Units Sold

32

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

5.5

Vendor Discount

Affordability and Finance Options For Morwell

Home Loans: Financing Your Dream Home In Morwell. Get Pre-Approved Today.

190

Total Houses Sold

60

Total Units Sold

32

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

5.5

Vendor Discount

Lifestyle and Amenities In and Around Morwell

Morwell Lifestyle: Why Live Here

Morwell offers a relaxed regional lifestyle with key amenities including shopping centres, healthcare facilities, public transport via V/Line rail, and a variety of schools. The suburb is also close to local parks, sporting facilities, and is known for its easy access to natural attractions in the Latrobe Valley.

10

Parks Count

1

Suburb Area

1530

Distance To CBD

Property Type Breakdown Morwell

Morwell Properties: Houses vs. Units

190

Total Houses Sold

60

Total Units Sold

32

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

5.5

Vendor Discount

Morwell Suburb Information

Morwell Suburb Stats

State: Victoria

City: Latrobe City

Population: 14,638 (2021 Census)

Postcode: 3840

Free Property Appraisal In Morwell

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