What is the current median house price in Morwell, VIC?
The median house price in Morwell, VIC 3840 is $351,000 as of 2026. Prices have grown by 17.4% over the past 12 months.
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Core Market Intelligence — May 2026
The median house price in Morwell, VIC 3840 is $351,000 as of 2026. Prices have grown by 17.4% over the past 12 months.
Morwell shows favourable investment fundamentals. Key indicators include positive 12-month capital growth of 17.4%, a rental yield of 3.5%. Investors should consider their strategy (capital growth vs yield) and conduct due diligence on local market conditions before making decisions.
The gross rental yield in Morwell, VIC 3840 is approximately 3.5%, with a median weekly rent of $215. This yield reflects a growth-oriented market where capital gains may offset lower income returns.
Morwell, VIC 3840 has a population of 14,389 with a median age of 43. The median household income is $2,262.