4/12 Margaret Street

Morwell VIC 3840

The size of Morwell is approximately 44.9 square kilometres. It has 31 parks covering nearly 5.9% of total area. The population of Morwell in 2011 was 14,005 people. By 2016 the population was 13,753 showing a population decline of 1.8% in the area during that time. The predominant age group in Morwell is 50-59 years. Households in Morwell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Morwell work in a trades occupation. In 2011, 63.1% of the homes in Morwell were owner-occupied compared with 61.7% in 2016.

Morwell has 8,967 properties. Over the last 5 years, Houses in Morwell have seen a 78.64% increase in median value, while Units have seen a 52.40% increase. As at 28 February 2025:

• The median value for Houses in Morwell is $330,902 while the median value for Units is $286,694.
• Houses have a median rent of $390 while Units have a median rent of $295.