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Area profile

Morwell

VIC 3840

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Area profile

Morwell

VIC 3840

Advantage: 1/10Education: 1/10Resources: 1/10

Nearby suburbs

  • Mid Valley
  • Morwell East
  • Morwell Upper
  • Maryvale
  • Driffield
  • Hazelwood
  • Jeeralang
  • Hazelwood North
  • Hazelwood South
  • Jeeralang Junction
Combined Median

$429K

26.1%
House Median

$476K

Apartment Median

N/A

Active Listings

N/A

Months of Supply

N/A

Median DOM

110 days

2 observed sales · small sample · stable for 14 days · through Sept 2026

Price Trends

September 2026 – October 2026: sale records are still arriving, so these faded bars are incomplete and their prices are not plotted yet.

Trailing three-month mean across priced sales. Each point combines that month and the previous two; windows with fewer than five priced sales remain blank.

Days on Market

Observed from qualified active listings to stable market outcomes.

Rolling three completed months · exact observed dates · n under 5 is marked as a small sample in the tooltip

Rental Market

Median Rent

$380/wk

33.8% YoY

Gross Yield

4.6%

The Morwell market right now

The combined median sale price in Morwell sits at $420,000. This represents a significant increase of 19.1% compared to the same month last year. In the latest month, there were 23 sales recorded in the area.

Generated from Addie market data · August 2026

Asking-price drift (still listed)

Preliminary

$0

Median · 84 open campaigns · 0.0%

Some exclusion reasons are unavailable in this published sample · all campaign dates are inferred from observations; exact dates may differ

Open campaigns can still change; this figure is provisional.

Last asking price → sold

-$8,000

Median · 30 completed campaigns · -1.2% · Latrobe Valley (SA3)

Showing Latrobe Valley (SA3) because Morwell has only 11 completed campaigns (needs 20).

Some exclusion reasons are unavailable in this published sample · all sale dates are inferred from observations; exact dates may differ

First asking price → sold

-$9,000

Median · 30 completed campaigns · -1.5% · Latrobe Valley (SA3)

Showing Latrobe Valley (SA3) because Morwell has only 11 completed campaigns (needs 20).

Some exclusion reasons are unavailable in this published sample · all sale dates are inferred from observations; exact dates may differ

Updated 6 Nov · build 213 · price policy v3 · figures need at least 20 campaigns

Listings

1/9 Margaret Street, Morwell - Image 1
1 / 3
OTHER$284,000

1/9 Margaret Street

2 bed1 bath120 m²
477 Princes Drive, Morwell - Image 1
+18
1 / 23
HOUSE$545,000

477 Princes Drive

4 bed1 bath1 car669 m²
25 Skeldale Wynd, Morwell - Image 1
+21
1 / 26
HOUSE$799,000

25 Skeldale Wynd

5 bed2 bath3 car1,327 m²
21 Angus Street, Morwell - Image 1
+16
1 / 21
HOUSE$298,000

21 Angus Street

2 bed1 bath649 m²
14 Evans Street, Morwell - Image 1
1 / 3
HOUSE$515,000

14 Evans Street

4 bed2 bath4 car650 m²
17 St George Terrace, Morwell - Image 1
+23
1 / 28
HOUSE$719,000

17 St George Terrace

4 bed2 bath3 car900 m²
40 Latrobe Road, Morwell - Image 1
+32
1 / 37
HOUSE$619,000

40 Latrobe Road

4 bed1 bath4 car672 m²
16 Wedge Street, Morwell - Image 1
+1
1 / 6
OTHER$285,000

16 Wedge Street

0 bed0 bath591 m²
25 Lord Place, Morwell - Image 1
HOUSE$629,000 - $649,000

25 Lord Place

3 bed2 bath2 car459 m²
25 Gabo Way, Morwell - Image 1
+19
1 / 24
HOUSE$550,000

25 Gabo Way

3 bed2 bath2 car666 m²
5 Nottingham Avenue, Morwell - Image 1
+21
1 / 26
HOUSE$735,000

5 Nottingham Avenue

5 bed2 bath2 car707 m²
43 The Boulevard, Morwell - Image 1
HOUSE$545,000

43 The Boulevard

3 bed1 bath2 car655 m²
7 / 47 McLean Street, Morwell - Image 1
+13
1 / 18
HOUSE$365,000

7 / 47 McLean Street

2 bed1 bath2 car214 m²
3 Sherrin Street, Morwell - Image 1
+7
1 / 12
HOUSE$530,000 - $550,000

3 Sherrin Street

4 bed2 bath2 car
Latrobe, Morwell - Image 1
1 / 2
HOUSE$809,990

Latrobe

4 bed2 bath2 car589 m²
12 St George Terrace, Morwell - Image 1
+21
1 / 26
HOUSE$709,000

12 St George Terrace

4 bed2 bath4 car800 m²
2 Mulcare Street, Morwell - Image 1
+15
1 / 20
HOUSE$445,000

2 Mulcare Street

3 bed1 bath2 car628 m²
2 Anushka Place, Morwell - Image 1
1 / 4
HOUSE$599,000

2 Anushka Place

3 bed2 bath2 car407 m²
7 Hall Court, Morwell - Image 1
+16
1 / 21
HOUSE$450,000

7 Hall Court

3 bed1 bath2 car726 m²
1 Urbahns Crescent, Morwell - Image 1
+16
1 / 21
HOUSE$465,000

1 Urbahns Crescent

4 bed1 bath1 car1,031 m²
12 Haywood Street, Morwell - Image 1
1 / 3
HOUSE$425,000

12 Haywood Street

2 bed1 bath3 car684 m²
53 Junier Street, Morwell - Image 1
+16
1 / 21
HOUSE$385,000

53 Junier Street

4 bed1 bath2 car654 m²
51 Dell Circuit, Morwell - Image 1
+5
1 / 10
HOUSE$295,000

51 Dell Circuit

2 bed1 bath1 car
49 Dell Circuit, Morwell - Image 1
+4
1 / 9
HOUSE$305,000

49 Dell Circuit

2 bed1 bath1 car

Showing 24 of 210

Top Agents

AgentAgencySalesAvg PriceContact
Jim DemetriosStockdale & Leggo513$363K—
Jim DemetriosStockdale & Leggo439$367K
Jenny RutherfordStockdale & Leggo267$310K—
Jenny RutherfordStockdale & Leggo231$330K
Nathan KlepStockdale & Leggo172$317K
Nathan KlepStockdale & Leggo160$323K—
Graeme Jarvie CEAB.J. Bennett & Co. Real Estate69N/A
George DemetriosStockdale & Leggo60$556K
Jake GardamKeith Williams Real Estate Traralgon57$454K
George DemetriosStockdale & Leggo56$635K—

Neighbourhood Profile

Economy

Unemployment12.3%
Median Income$48,688
Businesses830

Safety

Concerning, per resident, among VIC suburbs

25,528 incidents a year per 100,000 residents

Recorded incidents3,688

12 months to Sep 2025 · Crime Statistics Agency

Liveability

Walkability36/100
Transit77/100
Amenities61/100

Environment

Flood Risk6% of properties
Bushfire Risk3% of properties