Is MORWELL a good suburb for positive geared property investment in Australia?

MORWELL in VIC currently features property rental yields up to 5.1% with a 12-month capital growth value of Up 14.7%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in MORWELL 3840?

The median house price in MORWELL 3840 is approximately $390,000 based on the latest tracked market indices.

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 house • buy

$324,750

Up 20.3% 5.5% Yield

3 house • buy

$390,000

Up 14.0% 5.1% Yield

4 house • buy

$490,000

Up 12.6% 4.7% Yield

all house • buy

$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.

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