Suburb Profile Morwell

Supply Demand History in Morwell

MonthSupplyDemand
2015 Apr4332618
2015 May4212425
2015 Jun4242530
2015 Jul4342619
2015 Aug4272299
2015 Sep4161927
2015 Oct4292371
2015 Nov4272368
2015 Dec4161735
2016 Jan4172966
2016 Feb4442369
2016 Mar4682409
2016 Apr4722735

More Recent Sold in Morwell

Address Sold Price
8 Devon Court 4 $390,000
24 Hourigan Road 4 $340,000
20 Sherrin Street 3 $290,000
64 Dell Circuit 2 $250,000
10 Butters Street 2 $251,000

More Recent Rent in Morwell

Address Price/Week
1 Roger Street 2 $350
40 Hourigan Road 3 $380
8 Dayble Street 3 $350
421 Princes Drive 3 $410
47 Wallace Street 3 $350

Rent Yield in Morwell

BedsAverage PriceAverage RentAverage Rent Yield%Median PriceMedian RentMedian Rent Yield%Listings
ALL
1$189,500$2506.86%$189,500$2506.86%21
2$287,891$3025.45%$282,000$3005.53%125
3$369,130$3565.02%$365,000$3504.99%244
4$538,965$4714.54%$499,500$4805.00%85
5$550,818$4374.13%$519,000$4204.21%14
6$814,333--$895,000--3
7$895,000--$895,000--1
House
2$291,802$3145.60%$292,500$3055.42%60
3$371,852$3564.98%$367,000$3504.96%215
4$538,285$4714.55%$500,000$4835.02%75
5$534,556$3903.79%$519,000$3903.91%11
6$550,000--$550,000--1
Unit/apmt
1$189,500$2516.89%$189,500$2506.86%17
2$265,618$2915.70%$270,000$2905.59%48
3$415,000$3404.26%$415,000$3404.26%3
Townhouse
2-$305--$305-1
Other
1-$246--$280-4
2$364,500$3134.47%$322,000$3255.25%8
3$331,857$3555.56%$340,000$3555.43%9
4$541,333--$495,000--3
5$398,000--$398,000--1
6$946,500--$946,500--2
7$895,000--$895,000--1
Unknown
2$277,300$2955.53%$268,000$2955.72%8
3$357,333$3705.38%$350,000$3705.50%17
4$543,333$4704.50%$522,500$4704.68%7
5$850,000$5303.24%$850,000$5303.24%2

Demographics of Morwell

PopulationSizeMorwellMelbourne
All People169394645103
Country of OriginMorwellMelbourne
Australian Born83%71%
Born Overseas - Top 5MorwellMelbourne
United Kingdom5%4%
Italy3%2%
Netherlands1%1%
Germany1%1%
Malta1%0%
Median household incomeMorwellMelbourne
Weekly income$793$1,333
Age StatisticsMorwellMelbourne
40 to 5927%26%
20 to 3925%29%
5 to 1923%21%
60+18%17%
0 to 47%6%
Family Statistics - Top 5MorwellMelbourne
Married51%52%
Never Married29%32%
Divorced8%7%
Widowed8%6%
Separated4%3%
Religion - Top 5MorwellMelbourne
Catholic33%32%
Anglican22%17%
No Religion22%20%
Presbyterian and Reformed7%4%
Uniting Church5%7%
Occupation - Top 5MorwellMelbourne
Tradespersons and Related Workers6%6%
Intermediate Clerical/Sales/Service5%7%
Associate Professional4%5%
Professionals4%8%
Elementary Clerical/Sales/Service4%4%
Education - Top 5MorwellMelbourne
Not Attending (Working)74%74%
Infants/Primary11%9%
Secondary Education8%8%
Technical or Further Education3%3%
University or other Tertiary Institution2%4%
Transport to Work - Top 5MorwellMelbourne
Car (driver)22%27%
Car (passenger)2%3%
Walked1%1%
Worked at home1%2%
Type of Dwelling - Top 3MorwellMelbourne
Separate house85%78%
Flat9%12%
Semi/Terrace2%6%
Nature of Occupancy - Top 3MorwellMelbourne
Fully Owned45%44%
Rented27%23%
Purchasing23%27%
Monthly Loan Repayment - Top 5MorwellMelbourne
$400-$59932%18%
$200-$39925%10%
$600-$79917%21%

Crime Rate of Latrobe

Crime TypeRate of LATROBERate of VIC
Crime Against Property6,5744,607
Crime Against the Person2,167940
Drug Offences448311
Other Crime1,950875
Total11,1396,733
Note: Morwell belongs to city Latrobe. Crime rate means the number crimes per 100,000 population.

Based on Australian Bureau of Statistics data

Map And Street View

Please note that location of this property on map is approximate and street view images may not show the exact property advertised.
Where Melbourne's immigrants were born

Morwell, VIC 3840 (134.26 km to CBD)

Median House Price

$320,000

Median Unit Price

$230,000

Sold
Rent
Suburb
Auction
School

Surrounding Suburbs

Selected Demographics of Morwell

  • 7068 Number of House
  • 1736 Number of Unit
  • 16939 Number of People
  • 40 Median Age
  • 2.2 Median Household Size
  • $150 Weekly Rent
  • $391 Weekly Individual Income
  • $930 Weekly Family Income
  • $732 Weekly Household Income
  • $320,000 Median Asking Price
  • $328 Median Rent
  • 0.05% Rent Yield
  • 343 Stock On Sale
  • 1.46% Vacancy Rate
  • 469 Average Supply
  • 2518 Average Demand
  • 5.37 Supply Demand Ratio

Schools in Morwell

School NameSchool SectorSchool Type
Berry Street School - Morwell Campus
Commercial Road Primary School - MorwellGovernmentPrimary
Kurnai College Morwell CampusGovernmentSecondary
Morwell Park Primary SchoolGovernmentPrimary
Morwell Primary SchoolGovernmentPrimary
Sacred Heart Primary SchoolIndependentPrimary
Tobruk Street Primary School - MorwellGovernmentPrimary

Leading Agencies (Sale)

Stockdale & Leggo - Latrobe Valley 44%

Keith Williams Estate Agency - Morwell 19%
Rennie Property Sales - Morwell 17%
BJ Bennett & Co Real Estate - Morwell 5%
First National Realestate Latrobe - 3%
Stockdale & Leggo - Traralgon 3%
One Agency Latrobe Valley - TRARALGON 1%
Keith Williams Estate Agency - Traralgon 1%
Wilson Property RCI - Traralgon 1%
LJ Hooker - Traralgon 1%

Leading Agents (Rent)

Agent NamePercentage
Stockdale & Leggo - Latrobe Valley42%
Keith Williams Estate Agency - Morwell36%
BJ Bennett & Co Real Estate - Morwell13%
First National Realestate Latrobe -2%
Barry Plant - Traralgon1%

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