Lot 808 - Heritage Place - Morwell
Morwell, Latrobe, VIC, 3840$ 809,990
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 159
Details
Updated on Oct 24, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 809,990 |
| Land Price: | $ 260,000 |
| Build Price: | $ 549,990 |
| Gross Per Week: | $ 510 |
| Gross Per Annum: | $ 26,520 |
| Gross Yield: | 3.27% |
| Capital Growth 12 Months: | 25.00% |
| 10Yr Annualised Growth: | 8.38% |
| Vacancy Rate: | 5.49% |
| Property Size: | 159 m2 |
| Land Area: | 589 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | N/A |
| Property ID: | 42495 |
| SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Morwell is a regional town in the Latrobe Valley of Victoria, Australia, located approximately 150 km east of Melbourne CBD by road. It is part of the City of Latrobe and is known for its established residential neighbourhoods, industrial history, employment opportunities, and community facilities.
Local shopping options include Morwell town centre, Mid Valley Shopping Centre, supermarkets, retail stores, cafés, and essential services. Educational facilities include Morwell Central Primary School, Morwell Park Primary School, Sacred Heart School, St Vincent de Paul's School, and Kurnai College for secondary education. Residents can enjoy recreational facilities such as the Morwell Centenary Rose Garden, Crinigan Bushland Reserve, Morwell Recreation Reserve, Latrobe Leisure Centre, and Latrobe Regional Gallery.
Transportation is supported by Morwell railway station, local bus services, and access to the Princes Freeway, providing connections to neighbouring towns such as Moe and Traralgon and onward travel to Melbourne. Overall, Morwell offers an established regional lifestyle with accessible amenities, education, recreation, and transport connections.
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Address
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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.
