VIC · 3840

Morwell

Suburb profile, market snapshot and recent listings for Morwell, VIC 3840.

Morwell, VIC 3840

About Morwell

Welcome to Morwell

Morwell sits in the heart of the Latrobe Valley in regional Victoria, roughly 150 kilometres east of Melbourne and just west of Traralgon. It's a working town with a long industrial history, built around the power and paper industries that shaped the wider Gippsland region, and it continues to serve as a commercial and civic hub for the Latrobe City area.

These days Morwell appeals to buyers and renters after affordability and space rather than proximity to the coast or the capital. With a population of 14,389 and a median age of 43, it's a settled, family-oriented community that suits first-home buyers, investors chasing yield, and those wanting a quieter, budget-friendly base in Gippsland.

Lifestyle & dining

Morwell's town centre carries the practical, no-fuss feel of a regional service hub, with cafes, bakeries and pubs that cater to locals rather than tourists. It's the kind of place where you can get a solid counter meal or a quick coffee without fuss, and where community events and local sporting clubs tend to matter more than trendy dining strips.

For a bigger night out or a wider choice of restaurants, nearby Traralgon picks up the slack, being only a short drive away and offering a more developed retail and hospitality scene while Morwell keeps its everyday, unpretentious character.

Shopping

Morwell functions as a retail centre for the surrounding Latrobe Valley, with a central shopping precinct covering supermarkets, discount stores and everyday retailers alongside Latrobe Regional Hospital and other civic services. It's a practical shopping base rather than a boutique one, well suited to residents doing their weekly errands close to home.

Getting around

Morwell railway station sits on the Gippsland line, giving residents a direct rail link through to Melbourne's CBD as well as connections to Traralgon and other Latrobe Valley towns, making it workable for those who need to travel to the city occasionally without living there full-time. The Princes Highway/Freeway also runs through the area, providing straightforward road access east to Traralgon and Sale, or west toward Melbourne.

Locally, Morwell is compact enough that many amenities, schools and the town centre are within easy driving or cycling distance, and there's a reasonable local bus network connecting residential pockets to the centre and to neighbouring Latrobe Valley suburbs.

Schools & families

Families are well catered for locally, with Morwell Central Primary School and Morwell Park Primary School serving younger children, and Kurnai College providing secondary schooling in the town. Berry Street School's Morwell campus and Virtual School Victoria's Bellum Bellum Blended Learning Hub add further options, including flexible and alternative learning pathways, which gives Morwell a broader spread of educational choices than many towns of its size.

The property market

Morwell remains one of the more affordable markets in Victoria, with a median house price of $410,000 and a median unit or apartment price of $335,000. House values have moved solidly over the past year, up 18.8%, reflecting the wider trend of buyers being priced out of metropolitan Melbourne and looking further afield for value.

Median rent sits at $420 a week, a figure that continues to attract investors chasing rental yield relative to the entry price. Current listings are dominated by houses, which make up 75% of stock, with land making up 14%, apartments and units 9%, and townhouses a modest 2%, underlining that Morwell is fundamentally a house-and-land market rather than a medium-density one.

Market snapshot

Morwell property market

Median price ranks #3,600 of 3,797 suburbs · pricier than 5%
Type
Bedrooms

Median sale price

$410k

House · 3 bed

Median rent

$420

per week

Gross rental yield

5.3%

annual rent ÷ sale price

Typical price range

Entry

$280k

Median

$410k

Premium

$550k

Days on market

52

Auction clearance

0%

Sold this year

359

Median sold price trend · House 3 bed

Compound growth +6.8% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in Morwell by dwelling type.

House75%
Land14%
Apartment / Unit9%
Townhouse2%

Who lives here

Demographics

ABS Census 2021 figures for Morwell, VIC 3840.

Population

14,389

residents (2021)

Median age

43

years

Household income

$942

median, per week

Median rent

$215

per week

Median mortgage

$953

per month

Mortgage / income

23%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Morwell

Government school catchment

Virtual School Victoria - Bellum Bellum Blended Learning Hub

Government

Morwell Central Primary School

Prep-6CoEdGovernment
Visit school website →

Morwell Park Primary School

Prep-6CoEdGovernment
Visit school website →

Kurnai College

7-12CoEdGovernment
Visit school website →

Independent & Catholic schools

Berry Street School - Morwell Campus

Private

Recent results

Recently sold in Morwell

$565k

2 Field Court

house3 bd · 1 ba · 1 car

Sold ~July 2026

$645k

60 English Street

house4 bd · 2 ba · 2 car

Sold ~July 2026

$595k

3 Park Avenue

house4 bd · 2 ba · 2 car

Sold ~July 2026

$375k

1/8 Laurel Street

apartment2 bd · 1 ba · 1 car

Sold ~July 2026

$350k

7 Sydney Street

house2 bd · 1 ba · 2 car

Sold ~July 2026

$485k

180 Maryvale Road

house3 bd · 1 ba · 2 car

Sold ~July 2026

$1.02m

100 Latrobe Road

house3 bd · 1 ba · 3 car

Sold ~July 2026

$620k

4 Yarak Court

house4 bd · 2 ba · 3 car

Sold ~July 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Morwell

Loading map…

Compare the area

Price map around Morwell

Every listing for sale near Morwell, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

CheaperPricier
MorwellNearby suburbs

Loading price map…

Nearby suburbs

Quick switch to nearby areas

Common questions

Morwell suburb FAQ

What is the median property price in Morwell?

The median house price in Morwell, VIC is $410k for a 3-bedroom home. Over the past year, median sold prices have risen about 18.8%.

How much is rent in Morwell?

The median weekly rent in Morwell is around $420 per week.

Is Morwell a good place to live?

Morwell is a town in the Latrobe Valley area of Gippsland, in South-Eastern Victoria, Australia approximately 152 km (94 mi) east of Melbourne. Morwell is an established residential suburb in VIC, with a population of around 14,389 and 5 schools in the area.

What is the population of Morwell?

Morwell has a population of 14,389 (ABS 2021 Census), with a median age of 43.

What schools are in Morwell?

There are 5 schools in or near Morwell, including Virtual School Victoria - Bellum Bellum Blended Learning Hub, Morwell Central Primary School and Morwell Park Primary School.

How long do homes take to sell in Morwell?

Properties in Morwell take around 52 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Morwell?

Entry-level properties in Morwell start around $280k, while premium homes reach $550k.

What suburbs are near Morwell?

Suburbs near Morwell include D Morwell.

Available now

Properties in Morwell

View all listings →
Image 1
Image 2
For Sale
$330,000
house

Solid Home

75 Vary Street, Morwell VIC 3840
21650 m²
BJ Bennett & Co Real Estate1 month ago
Ask AI about this property
Image 1
Image 2
For Sale
$715,000
house

Private, Peaceful & Perfectly Manageable

14 Skeldale Wynd, Morwell VIC 3840
323877 m²
One Agency Latrobe Valley1 month ago
Ask AI about this property
Image 1
Image 2
For Sale
$715,768
house

Morwell Turnkey House and Land - Fixed Price From $715,768

90 New Road, Morwell VIC 3840
322513 m²
Core Group International1 month ago
Ask AI about this property
Image 1
For Sale
$649,950
house

Glenbrook 187 - Defined by You. $10,000 To Spend Your Way

Lot 224 175 Crinigan Rd, Morwell VIC 3840
422828 m²
Hotondo Homes VIC1 month ago
Ask AI about this property
Image 1
Image 2
For Sale
$795,000
house

COMFORT, QUALITY & FAMILY LIVING IN HERITAGE ESTATE

6 Sheffield Street, Morwell VIC 3840
422678 m²
Stockdale & Leggo La Trobe Valley3 months ago
Ask AI about this property
Image 1
Image 2
NewFor Sale
$480,000
house

Freshly Renovated & Ready to Enjoy

13 Bolger Street, Morwell VIC 3840
31538 m²
One Agency Latrobe Valley2 days ago
Ask AI about this property
Image 1
For Sale
$229k–$239k
land

Priced to sell!!

4 Dunbar Avenue, Morwell VIC 3840
637 m²
Dream Property Solutions1 week ago
Ask AI about this property
Image 1
For Sale
$229k–$239k
land

Priced to Sell!!

4 Dunbar Avenue, Morwell VIC 3840
637 m²
Dream Property Solutions1 week ago
Ask AI about this property
Image 1
Image 2
For Sale
$549k–$564k
house

Strong Returns, Quality Home, Prime Opportunity

55A Tarwin Street, Morwell VIC 3840
321503 m²
Keith Williams Real Estate3 months ago
Ask AI about this property
Image 1
For Sale
$567,264
house

Fixed Price | Full Turnkey | Rental Appraisal $630p/wk | Titled Land | Estimated Yield 5.88%

Lot 5 Wedge Street, Morwell VIC 3840
422377 m²
Bolst Property Group3 months ago
Ask AI about this property
Image 1
Image 2
For Sale
650,000 - 715,000
house
StMate est. ~$580k

GRANDEUR ON PATRICIA

10 Patricia Street, Morwell VIC 3840
422634 m²
Home Road Real Estate1 month ago
Ask AI about this property
Image 1
Image 2
For Sale
$549,000
house

GENEROUS LAND COMPONENT & MULTIPLE LIVING ZONES

8 Langford Street, Morwell VIC 3840
413761 m²
Home Road Real Estate1 month ago
Ask AI about this property