Lot 28 Gordon Street, Morwell VIC
Morwell, Latrobe Valley, VIC, 3840$ 768,735
- Dual Occupancy
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 2
- Cars
- 208
Details
Updated on Jun 02, 2026
| Property Type: | Dual Occupancy |
|---|---|
| Price: | $ 768,735 |
| Land Price: | $ 314,000 |
| Build Price: | $ 454,735 |
| Gross Per Week: | $ 800* |
| Gross Per Annum: | $ 41,600 |
| Gross Yield: | 5.41% |
| Capital Growth 12 Months: | 23.33% |
| Capital Growth 10 Year Annualised: | 8.38% |
| Vacancy Rate: | 3.85% |
| Property Size: | 208 m2 |
| Land Area: | 608 m2 |
|---|---|
| Bedrooms: | 3+2 |
| Bathrooms: | 2+1 |
| Parking: | 2 |
| Title Status: | Q4 2026 |
| Property ID: | 26141 |
| SKU: | 1056 |
Description
This Dual Occupancy in Morwell presents a rare opportunity to secure a modern, high-growth investment. Featuring 3+2 bedrooms, 2+1 bathrooms and 2 car space/s, it blends lifestyle comfort with strong rental appeal. Every detail has been designed to combine style with practicality, making it attractive for both tenants and future buyers. Positioned in one of Australia's fastest-growing areas, this property is built for long-term value and immediate results. A standout choice for anyone seeking both security and growth.
Suburb profile:
Morwell offers a balanced lifestyle with access to everyday amenities and transport links. The area has consistent demand from renters and owner occupiers, supporting long‑term stability. Local parks, schools and shopping make it attractive for families and professionals.
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
This Dual Occupancy in Morwell is more than just a property , It's a secure, future-ready investment. Combining location, design and return potential, it makes a valuable addition to any portfolio. A choice that blends stability with opportunity.
Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.
These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.
The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.
The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.
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Delta Drive, Armstrong Creek VIC
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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.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
SMSF Single Contract