Latrobe City Council
Morwell
Morwell at a glance
Median house
$355,000
Median unit
$272,500
Walk score
0
Very car dependent
Population
14.4k
Median age 43
The brief
What to know about Morwell.
Morwell (3840) sits in the Latrobe region of Victoria. The median house here is $355,000, well below the Victoria median of around $850K.
Morwell has roughly 14,389 residents, with an established, older skew. Households are mostly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
Side by side
Compare Morwell with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Morwell scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Schooling within or near the suburb covers 7 government primary, 1 government secondary, 5 Catholic.
Who lives here
Demographics.
The 2021 Census put Morwell's population at 14,389, with a median age of 43. That sits as an established, older skew. Households are mostly owner-occupied (62% own, 34% rent), which shapes everything from school catchment stability to how often properties turn over. Lone-person households are notable here (38%), often a marker of unit-heavy stock and walkable infrastructure.
Population
14,389
Median age
43
Family households
59%
Lone person
38%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $355,000 on a typical sale, well below the Victoria median. Units come in around $272,500, roughly 23% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $71,000. Prices are well below the Victoria median, which keeps Morwell on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$355,000
+0.0% over the past year. Median unit price $272,500.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$380/wk
Weekly rent (unit)
$215/wk
Owner occupied
62%
Renter occupied
34%
At a deeper level
$355,000
$272,500
14,389
Median age: 43
Rental data as of September 2025· rental-vic
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For investors
Investment overview.
Gross rental yield on houses sits at 5.57% (median rent $380/wk against a $355,000 price tag). Units yield 4.10% gross, often the better cash-flow play for first-time investors. With 34% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20265.57%
Based on $355,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20264.10%
Based on $272,500 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202662%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
3,728
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
0
0
55
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Morwell.
Local schools for Morwell
View the catchment for each school to find out more.
Government School Catchment
Morwell Central Primary School
Morwell Park Primary School
Kurnai College
© ACARA, licensed under CC BY 4.0.
Frequently asked
About Morwell.
- What is the median house price in Morwell?
- The median house price in Morwell, VIC 3840 is $355,000. The median unit price is $272,500. Annual growth is +0.0%.
- What is the Morwell postcode?
- Morwell is in the 3840 postcode, in VIC, in the Latrobe City Council region.
- What is the average rent in Morwell?
- The median weekly rent for houses is $380, for units it's $215.
- What schools are in Morwell?
- There are 13 schools serving Morwell on this page, including St Vincent de Paul's School, Morwell Central Primary School, Morwell Park Primary School.
- How walkable is Morwell?
- Morwell has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 55.
- What suburbs are near Morwell?
- Morwell is close to Morwell East, Morwell Upper, Nuntin, Mid Valley, Maryvale.
- What is the population of Morwell?
- Morwell has approximately 14,389 residents. The median age is 43.
Morwell
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Surrounding Suburbs
Side by side
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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