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Morwell, Morwell VIC 3840

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$1.7M - $1.8M Medium Confidence Calculated based on our search observations.

House 4 Beds 2 Baths 1 Car 4.94 acres

Listed: 19th Jul 2026

Updated: 14 hours ago

Overview

This property in Morwell presents an exceptional opportunity combining substantial land with established residential amenities, appealing particularly to investors, developers, and land bankers seeking growth potential.

The extensive 5.5-acre (approximately 20,000 square meters) parcel is zoned General Residential and boasts close proximity to essential services and transport links, including the Morwell Train Station, town center, and primary school. Such accessibility enhances both lifestyle convenience and future development prospects.

A key feature is the main home offering four bedrooms and two bathrooms, complemented by a family living area. This setup offers versatility and comfort for families or tenants. Additionally, a modern design granny flat with complete kitchen facilities, a bedroom with built-in robes, a combined laundry and bathroom, and climate control via a split system provides further rental or accommodation options, increasing the property's functional value.

Situated within the City of Latrobe, an area poised for growth with an estimated population of over 79,000 residents by 2025, servicing the wider Gippsland region.
Morwell’s location offers a roughly 1.5-hour drive to Melbourne CBD and an easy commute to the freeway, enhancing accessibility for residents and investors alike.
The property’s development potential is subject to council and relevant authority approvals, making due diligence essential.

Overall, this offering blends land size, zoning, location advantages, and existing dwelling features, making it a compelling prospect for a range of buyers aiming to capitalize on the region's positive property growth trend and residential appeal.

Local Market Insights

In Morwell, Quiet Listings observed 29 new houses entering the market over the last 30 days, down from 74 during the previous 30-day period, with an average advertised asking price of $546,584. The property type mix of listed properties is predominantly Houses at 85%, followed by units (9%), and land (6%). The most active agency for houses in the Morwell area is currently Stockdale & Leggo, representing 38% of new listings, followed by McGrath Estate Agents with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.