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Investment Spotlight • Australia

MORWELL 3840

State: VIC
Updated: 8 April 2026

PosiProp AI Investment Summary

MORWELL (VIC 3840) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.1% and has experienced a 12-month capital growth of Up 14.7%, with a median house buy price of $390,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 housebuy

$324,750

Up 20.3% 5.5% Yield
3 housebuy

$390,000

Up 14.0% 5.1% Yield
4 housebuy

$490,000

Up 12.6% 4.7% Yield
all housebuy

$390,000

Up 14.7% 5.1% Yield

Suburb Market Profile

Last month Morwell had 133 properties available for rent and 75 properties for sale. Median property prices over the last year range from $390,000 for houses to $325,000 for units. If you are looking for an investment property, consider houses in Morwell rent out for $420 PW with an annual rental yield of 5.1% and units rent for $320 PW with a rental yield of 6.1%. Morwell has seen an annual compound growth rate of 14.7% for houses and 32.7% for units.

Properties For Sale in MORWELL

76 Listings Found
Property Listing

$389,500

83 Robertson Street, Morwell

🛏️ 3 Bed🛁 1 Bath🚗 1 Car
-0.1% vs medianView on RealEstate ↗
Property Listing

$245,000

27. Hourigan Road, Morwell

🛏️ 4 Bed🛁 1 Bath🚗 2 Car
-37.2% vs medianView on RealEstate ↗
Property Listing

$410,000

42... Chestnut Avenue, Morwell

🛏️ 3 Bed🛁 1 Bath🚗 2 Car
+5.1% vs medianView on RealEstate ↗
Property Listing

$450,000

4 Cynthia Street, Morwell

🛏️ 3 Bed🛁 2 Bath🚗 2 Car
+15.4% vs medianView on RealEstate ↗
Property Listing

$210,000

55. Hourigan Road, Morwell

🛏️ 4 Bed🛁 3 Bath🚗 - Car
-46.2% vs medianView on RealEstate ↗
Property Listing

63 Madden Street, Morwell

🛏️ 3 Bed🛁 2 Bath🚗 2 Car
Property Listing

$340,000

101 Vary Street, Morwell

🛏️ 4 Bed🛁 1 Bath🚗 2 Car
-12.8% vs medianView on RealEstate ↗
Property Listing

$325,000

71 George Street, Morwell

🛏️ 1 Bed🛁 1 Bath🚗 - Car
-16.7% vs medianView on RealEstate ↗
Property Listing

$500,000

1-2,101 Holmes Road, Morwell

🛏️ 5 Bed🛁 2 Bath🚗 1 Car
+28.2% vs medianView on RealEstate ↗
Property Listing

$410,000

29 Burnside Drive, Morwell

🛏️ 4 Bed🛁 1 Bath🚗 2 Car
+5.1% vs medianView on RealEstate ↗
Property Listing

$549,900

Address available on request, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 4 Car
+41.0% vs medianView on RealEstate ↗
Property Listing

1-4/1 Kurt Street, Morwell

🛏️ 5 Bed🛁 4 Bath🚗 4 Car
Property Listing

Address available on request, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
Property Listing

Address available on request, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
Property Listing

Address available on request, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
Property Listing

$565,900

Address available on request, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+45.1% vs medianView on RealEstate ↗
Property Listing

$580,000

40 Hopetoun Avenue, Morwell

🛏️ 3 Bed🛁 2 Bath🚗 1 Car
+48.7% vs medianView on RealEstate ↗
Property Listing

$657,388

Address available on request, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 4 Car
+68.6% vs medianView on RealEstate ↗
Property Listing

$665,450

173 Heartland, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+70.6% vs medianView on RealEstate ↗
Property Listing

$670,771

Address available on request, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+72.0% vs medianView on RealEstate ↗
Property Listing

$643,350

Address available on request, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 4 Car
+65.0% vs medianView on RealEstate ↗
Property Listing

$623,300

Address available on request, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 4 Car
+59.8% vs medianView on RealEstate ↗
Property Listing

$622,900

Address available on request, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 4 Car
+59.7% vs medianView on RealEstate ↗
Property Listing

$649,250

809 Sheffield Street, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 4 Car
+66.5% vs medianView on RealEstate ↗
Property Listing

Address available on request, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
Property Listing

$380,000

5 Hopetoun Ave, Morwell

🛏️ 3 Bed🛁 1 Bath🚗 2 Car
-2.6% vs medianView on RealEstate ↗
Property Listing

$680,000

74 Mary Street, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+74.4% vs medianView on RealEstate ↗
Property Listing

$209,000

Unit 3/10 Susan Ct, Morwell

🛏️ 1 Bed🛁 1 Bath🚗 - Car
-35.7% vs medianView on RealEstate ↗
Property Listing

$665,712

Address available on request, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 4 Car
+70.7% vs medianView on RealEstate ↗
Property Listing

$649,350

Address available on request, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 4 Car
+66.5% vs medianView on RealEstate ↗
Property Listing

$818,624

Address available on request, Morwell

🛏️ 5 Bed🛁 5 Bath🚗 2 Car
+109.9% vs medianView on RealEstate ↗
Property Listing

$460,000

Address available on request, Morwell

🛏️ 3 Bed🛁 1 Bath🚗 1 Car
+17.9% vs medianView on RealEstate ↗
Property Listing

$369,000

Unit 4/10 Ann St, Morwell

🛏️ 2 Bed🛁 1 Bath🚗 1 Car
+13.5% vs medianView on RealEstate ↗
Property Listing

$260,000

3/59 Bridle Road, Morwell

🛏️ 2 Bed🛁 1 Bath🚗 1 Car
-20.0% vs medianView on RealEstate ↗
Property Listing

$649,000 - $679,000

13 Wedge St, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+66.4% vs medianView on RealEstate ↗
Property Listing

$305,000

Unit 2/40-42 Bridle Road, Morwell

🛏️ 2 Bed🛁 1 Bath🚗 1 Car
-6.2% vs medianView on RealEstate ↗
Property Listing

$369,000

Unit 2/82 Bridle Rd, Morwell

🛏️ 2 Bed🛁 1 Bath🚗 1 Car
+13.5% vs medianView on RealEstate ↗
Property Listing

$780,000

Address available on request, Morwell

🛏️ 6 Bed🛁 3 Bath🚗 2 Car
+100.0% vs medianView on RealEstate ↗
Property Listing

$799,000

Address available on request, Morwell

🛏️ 6 Bed🛁 3 Bath🚗 2 Car
+104.9% vs medianView on RealEstate ↗
Property Listing

$619,000

3 Park Avenue, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+58.7% vs medianView on RealEstate ↗
Property Listing

$770,000 - $840,000

1 Franklin Street, Morwell

🛏️ 9 Bed🛁 6 Bath🚗 2 Car
+97.4% vs medianView on RealEstate ↗
Property Listing

$385,000

3/17 Elgin Street, Morwell

🛏️ 2 Bed🛁 1 Bath🚗 2 Car
+18.5% vs medianView on RealEstate ↗
Property Listing

$489,000

178 Maryvale Road, Morwell

🛏️ 3 Bed🛁 1 Bath🚗 2 Car
+25.4% vs medianView on RealEstate ↗
Property Listing

$415,000

46 Kurt Street, Morwell

🛏️ 4 Bed🛁 1 Bath🚗 2 Car
+6.4% vs medianView on RealEstate ↗
Property Listing

$1,100,000

1-3/65 Churchill Road, Morwell

🛏️ 6 Bed🛁 3 Bath🚗 3 Car
+238.5% vs medianView on RealEstate ↗
Property Listing

$369,000

Unit 1/12 Wicks Crescent, Morwell

🛏️ 2 Bed🛁 1 Bath🚗 1 Car
+13.5% vs medianView on RealEstate ↗
Property Listing

$591,200

Address available on request, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+51.6% vs medianView on RealEstate ↗
Property Listing

$630,000 - $660,000

6 Lamplight Way, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+61.5% vs medianView on RealEstate ↗
Property Listing

$375,000

1/8 Laurel Street, Morwell

🛏️ 2 Bed🛁 1 Bath🚗 1 Car
+15.4% vs medianView on RealEstate ↗
Property Listing

$329,000

16 Beattie Crescent, Morwell

🛏️ 3 Bed🛁 1 Bath🚗 1 Car
-15.6% vs medianView on RealEstate ↗
Property Listing

Address available on request, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 1 Car
Property Listing

$530,000

130 Vincent Road, Morwell

🛏️ 3 Bed🛁 1 Bath🚗 2 Car
+35.9% vs medianView on RealEstate ↗
Property Listing

$715,000

18 Skeldale Wynd, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+83.3% vs medianView on RealEstate ↗
Property Listing

$765,000

17 Skeldale Wynd, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+96.2% vs medianView on RealEstate ↗
Property Listing

$598,500

1 Joy Street, Morwell

🛏️ 3 Bed🛁 1 Bath🚗 1 Car
+53.5% vs medianView on RealEstate ↗
Property Listing

$585,000

55A Tarwin Street, Morwell

🛏️ 3 Bed🛁 2 Bath🚗 1 Car
+50.0% vs medianView on RealEstate ↗
Property Listing

$339,000

20 Tulloch Street, Morwell

🛏️ 2 Bed🛁 1 Bath🚗 3 Car
-13.1% vs medianView on RealEstate ↗
Property Listing

$638,000

74 Wallace Street, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+63.6% vs medianView on RealEstate ↗
Property Listing

$898,000

6 Sheffield Street, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+130.3% vs medianView on RealEstate ↗
Property Listing

$795,000 - $820,000

38 Sowerby Rd, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+103.8% vs medianView on RealEstate ↗
Property Listing

$599,900 - $659,000

68 Church Street, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 3 Car
+53.8% vs medianView on RealEstate ↗
Property Listing

$455,000

56 McMillan Street, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 1 Car
+16.7% vs medianView on RealEstate ↗
Property Listing

$785,000

14 Josie Place, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+101.3% vs medianView on RealEstate ↗
Property Listing

$725,000

15 Ashley Avenue, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+85.9% vs medianView on RealEstate ↗
Property Listing

$400,000

7 James Street, Morwell

🛏️ 2 Bed🛁 1 Bath🚗 1 Car
+2.6% vs medianView on RealEstate ↗
Property Listing

$670,000

495 Princes Drive, Morwell

🛏️ 4 Bed🛁 3 Bath🚗 2 Car
+71.8% vs medianView on RealEstate ↗
Property Listing

$790,000

38 Sowerby Road, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+102.6% vs medianView on RealEstate ↗
Property Listing

$355,000

3/22-24 Ann Street, Morwell

🛏️ 2 Bed🛁 1 Bath🚗 1 Car
+9.2% vs medianView on RealEstate ↗
Property Listing

100 English Street, Morwell

🛏️ 4 Bed🛁 2 Bath🚗 - Car
Property Listing

7 Sydney Street, Morwell

🛏️ 2 Bed🛁 1 Bath🚗 2 Car
Property Listing

$549,000

335 - 337 Princes Drive, Morwell

🛏️ 3 Bed🛁 1 Bath🚗 4 Car
+40.8% vs medianView on RealEstate ↗
Property Listing

$1,200,000 - $1,320,000

4A Godridge Road, Morwell

🛏️ 9 Bed🛁 9 Bath🚗 4 Car
+207.7% vs medianView on RealEstate ↗
Property Listing

$749,000 - $775,000

7 Parklands Place, Morwell

🛏️ 5 Bed🛁 2 Bath🚗 6 Car
+92.1% vs medianView on RealEstate ↗
Property Listing

$1,350,000

100 Latrobe Street, Morwell

🛏️ 3 Bed🛁 1 Bath🚗 3 Car
+246.2% vs medianView on RealEstate ↗
Property Listing

$795,000

1 Heritage Boulevard, Morwell

🛏️ 5 Bed🛁 2 Bath🚗 2 Car
+103.8% vs medianView on RealEstate ↗
Property Listing

$375,000

1/49 Waratah Drive, Morwell

🛏️ 2 Bed🛁 1 Bath🚗 1 Car
+15.4% vs medianView on RealEstate ↗
All information is aggregated from public Australian property index registries. Analysis is for reference purposes.
© 2026 PosiProp Australia.
Best Investment Suburbs: MORWELL VIC 3840 - 5.1% Yield | PosiProp