55A Tarwin Street, Morwell, VIC 3840 | House for sale | OnTheHouse
 
FOR SALE
$549,000 - $564,000

55A Tarwin Street
Morwell VIC 3840

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 503m2
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Strong Returns, Quality Home, Prime Opportunity

A quality investment where privacy, presentation and strong tenant appeal come together.
Privately positioned at the rear of a battle-axe allotment, this immaculately presented residence offers investors a low-maintenance asset with generous proportions and a projected rental return of approximately $550 per week.
WHAT MAKES THE HOME DIFFERENT
The flexible floorplan provides considerably more accommodation than many comparable three-bedroom investments, with multiple living areas and a dedicated study that could easily adapt to suit different tenant requirements. Combined with secure gated access and minimal garden maintenance, it offers the kind of practicality that can help attract and retain quality tenants.
WHY YOU'LL LOVE IT
The central kitchen, spacious open-plan living and additional lounge and family room create a home that feels considerably larger than its bedroom count suggests. For investors, the appeal is equally practical, with a lock-up-and-leave design, secure access and features such as gas ducted heating and split-system cooling adding to its everyday liveability.
THE FINER DETAILS
• Projected rental return of approximately $550 per week
• Estimated gross rental yield of approximately 5%
• Privately positioned on a battle-axe allotment
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Property Details for 55a Tarwin St, Morwell

55a Tarwin St, Morwell is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 503m2. The place is currently for sale with Keith Williams Estate Agency.

Building Type
House
Land Size
503m2
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About Morwell 3840

The size of Morwell is approximately 44.9 square kilometres. There are 31 parks, covering nearly 5.9% of the total area. The population of Morwell in 2016 was 13771 people. By 2021 the population was 14389 showing a population growth of 4.5% in the area during that time. The predominant age group in Morwell is 60-69 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 labourer occupation.In 2021, 62.00% of the homes in Morwell were owner-occupied compared with 61.70% in 2016.

Morwell has 9,485 properties. Over the last 5 years, Houses in Morwell have seen a 70.60% increase in median value, while Units have seen a 62.94% increase. As at 31 August 2026:

  • The median value for Houses in Morwell is $449,621 while the median value for Units is $363,863.
  • Houses have a median rent of $420 while Units have a median rent of $330.
There are currently 69 properties listed for sale, and 34 properties listed for rent in Morwell on OnTheHouse. According to Cotality's data, 639 properties were sold in the past 12 months in Morwell.

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Tyson Jenkin
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Keith Williams Estate Agency
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