Morwell Park Primary School - Morwell
Prep-6 Government Primary School - School Head Campus
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24 Land for Sale in Morwell VIC 3840
Suburb Profile for Morwell VIC 3840
Land for Sale, House and Land Packages and Townhouses in Morwell VIC 3840 across 11 estates. Below are a snapshot of this suburb via buyer demand index.
| Total developments | 11 |
| City council | Latrobe City Council |
| Buying Purposes | Buy to live in (38%) |
| Preferred Land Sizes | 700m² - 999m² (31%) |
| Preferred Land Settlement Time | Titling in 6 - 12 months (30%) |
| Preferred Building Types | Single storey home (65%) |
| Preferred Amenities | Shopping centres (38%) |
| Preferred Floor-plans | 4 bed | 2 bath | 2 car (43%) |
| Residency Status | Australian citizen (94%) |
| Financial Status | Deposit ready (32%) |
| Timeframe to Purchase | 6 - 12 months (42%) |
| Building Budget | Not sure (25%) |
| Postcode From | 3840 (Morwell) (40%) |
Note: Buyer preference data is from the past 12 months.
Land Price Trend in Morwell VIC 3840
Below shows the price trend from vacant land sales recorded in Morwell VIC 3840. *
* Price data comes from Valuer-General Victoria on 06/12/24
Vacancy Rate in Morwell VIC 3840
View full vacancy rate history in Morwell VIC 3840 via SQM Research.
Suburbs near Morwell VIC 3840
Yallourn VIC 3825
1 estate | Latrobe City Council
7.9km north-west
Churchill VIC 3842
7 estates | Latrobe City Council
8.9km south
Newborough VIC 3825
8 estates | Latrobe City Council
11.3km north-west
Yinnar VIC 3869
2 estates | Latrobe City Council
11.3km south-west
Tyers VIC 3844
1 estate | Latrobe City Council
12.1km north-east
Traralgon VIC 3844
14 estates | Latrobe City Council
13.1km east
FAQs about Morwell VIC 3840
What's the average price for new land lot in Morwell?
- In Jan - Mar 24, the median price for vacant land in Morwell VIC 3840 was $135,000.
What's the recent price change for new land lot in Morwell?
- From Oct - Dec 17 to Jan - Mar 24, the median price for vacant land in Morwell VIC 3840 has increased 11.11%.
- From 2008 to 2023, the median price for vacant land in Morwell VIC 3840 has increased 169.94%. *
Which council does Morwell VIC 3840 belong to?
Morwell VIC 3840 falls under Latrobe City Council .
Learn more about Latrobe City Council
Learn more about Latrobe City Council
What is the most desired land size in Morwell VIC 3840?
31% of new home buyers in Morwell VIC 3840 are looking for 700m² - 999m² land size.
View more on the Buyer Demand Index
View more on the Buyer Demand Index
What is the most desired floor-plans in Morwell VIC 3840?
43% of new home buyers in Morwell VIC 3840 are looking for 4 bed | 2 bath | 2 car floor-plans.
View more on the Buyer Demand Index
View more on the Buyer Demand Index
Which schools are in Morwell VIC 3840?
There are 5 schools registered in Morwell VIC 3840.
- Morwell Park Primary School
- Kurnai College
- Sacred Heart School
- St Vincent de Paul's School
- Morwell Central Primary School
What suburbs are near Morwell VIC 3840?
There are 6 suburbs near Morwell VIC 3840.
- Yallourn VIC 3825 | 7.9km north-west
- Churchill VIC 3842 | 8.9km south
- Newborough VIC 3825 | 11.3km north-west
- Yinnar VIC 3869 | 11.3km south-west
- Tyers VIC 3844 | 12.1km north-east
- Traralgon VIC 3844 | 13.1km east