Lot 28 English Street, Morwell VIC

Morwell, Morwell, VIC, 3840

$ 804,719

Morwell, Morwell, VIC, 3840
Dual Key Investment Property in Morwell, VIC (5.69% Yield) | Aus Investment Properties - Photo 1

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Dual Key Investment Property in Morwell, VIC (5.69% Yield) | Aus Investment Properties - Photo 1
  • Dual Key
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 2
  • Cars
  • 206

Details

Updated on Aug 20, 2026

Property Type: Dual Key
Price: $ 804,719
Land Price: $ 314,000
Build Price: $ 490,719
Gross Per Week: $ 880
Gross Per Annum: $ 45,760
Gross Yield: 5.69%
Capital Growth 12 Months: 25.00%
10Yr Annualised Growth: 8.38%
Vacancy Rate: 4.48%
Property Size: 206 m2
Land Area: 608 m2
Bedrooms: 3+2
Bathrooms: 2+1
Parking: 2
Title Status: Q3-2026
Property ID: 35251
SKU: 1056

Description

This Dual Key in Morwell offers a well-balanced combination of modern living and investment potential. Featuring 3+2 bedrooms, 2+1 bathrooms and 2 car space/s, it has been designed with both comfort and functionality in mind. Its practical layout and quality finishes make it appealing to tenants and homeowners alike. Located in a growing area, it provides strong prospects for both rental demand and long-term capital growth. A property that delivers both lifestyle and value.


Suburb profile:

Morwell is a popular location in VIC, offering livability and ongoing growth potential. Residents benefit from access to schools, shops and transport, supporting both lifestyle and rental demand. The area's amenities and planned development make Morwell attractive for investors and owner‑occupiers alike.


Inclusions:

  • 20mm composite stone benchtop
  • 2590mm ceiling height
  • 900mm kitchen appliances
  • Dishwasher - stainless steel
  • Split system air conditioner
  • Colour sealed concrete driveway
  • Flooring throughout
  • Downlights
  • Flyscreens
  • Fencing and letterbox
  • Front and rear landscaping
  • Alarm system

Designed to perform in today's rental market, this Dual Key in Morwell combines reliable yield with capital appreciation potential. It's a well-rounded opportunity that fits both short-term goals and long-term strategies. A solid investment you can depend on.

Dual Key Properties stand as a prime choice for investors seeking innovative solutions to maximise their returns.

These properties are ingeniously designed to include two separate living spaces within one structure, allowing for dual rental income streams from a single investment.

This setup not only enhances the property's rental yield but also offers flexibility in tenant demographics, ranging from young professionals to small families.

The distinct separation of spaces ensures privacy while maintaining the potential for a communal lifestyle, catering to the modern tenant's desire for adaptable living arrangements.

Floor plans

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address Lot 28 English Street, Morwell VIC
City Morwell
State VIC
Postcode 3840
Suburb Morwell
Estate English Street
Region Gippsland

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

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