Suburb market data

Morwell, VIC 3840

Morwell, VIC 3840 median house price $220K, median rent $403/wk, median rental yield 4.9%, 70% below the VIC median. From 80 active listings.

Morwell median house price

• Median asking price: $220K (from 45 priced listings)
• Middle 50% of listings: $130K – $300K
• Active listings tracked: 80

Morwell rental yield and weekly rent

• Median weekly rent: $403
• Median gross rental yield: 4.95% (from 26 scored listings)

House prices in Morwell

• Under $400k: 36 listings (80.0%)
• $400k-$600k: 5 listings (11.1%)
• $600k-$800k: 2 listings (4.4%)
• $800k-$1m: 1 listing (2.2%)
• $1m-$1.5m: 1 listing (2.2%)

How Morwell compares to Victoria

• Median house price is 70.0% below the Victoria median of $734K
• Gross rental yield is 1.19 points above the Victoria median of 3.76%
• Median weekly rent is $403, $143 below the Victoria median of $546

Ranked active listings in Morwell

• 53-55 Buckley Street — $220K, 6.9% yield
• 24 Butters Street — $250K, 6.2% yield
• 4 Joy Street — $310K, 6.7% yield
• 38 The Boulevard — $310K, 6.7% yield
• 4/23 Elgin Street — $165K, 6.3% yield
• 1/34 Hazelwood Road — $249K, 6.1% yield
• 51 Holmes Road — $340K, 5.2% yield
• 24 Crinigan Road — $419K, 5.0% yield
• 67 Dell Circuit — $290K, 5.3% yield
• 10/86 Elgin Street — $290K, 5.3% yield
• 25 Cove Place — $310K, 5.2% yield
• 11/86 Elgin Street — $310K, 5.2% yield

Nearby suburbs

• Hazelwood North, VIC 3840
• Yallourn North, VIC 3825
• Churchill, VIC 3842
• Tyers, VIC 3844
• Yinnar, VIC 3869
• Glengarry West, VIC 3854
• Newborough, VIC 3825
• Traralgon, VIC 3844

Victoria market data

• Victoria (VIC) median house price, rent and rental yield
• Australian median house price by state

Use this data

These Morwell figures are computed from listings we track directly and published under the Creative Commons Attribution 4.0 licence. Republish them anywhere, including commercially, as long as you credit Aus Property Invest.