Morwell
Suburb profile, market snapshot and recent listings for 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 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.
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
Independent & Catholic schools
Berry Street School - Morwell Campus
Recent results
Recently sold in Morwell
$565k
2 Field Court
Sold ~July 2026
$645k
60 English Street
Sold ~July 2026
$595k
3 Park Avenue
Sold ~July 2026
$375k
1/8 Laurel Street
Sold ~July 2026
$350k
7 Sydney Street
Sold ~July 2026
$485k
180 Maryvale Road
Sold ~July 2026
$1.02m
100 Latrobe Road
Sold ~July 2026
$620k
4 Yarak Court
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
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.
Loading price map…
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.
Fresh to market
New this week in Morwell
The Brief: Fully Renovated Home on 908m² With Huge Shed & Subdivision Potential (STCA)
Freshly Renovated & Ready to Enjoy
Comfortable, Practical & Move-In Ready
Opportunity to add value, Ideal first home or Investment in strong rental growth region
Available now