Great opportunity to invest in the heart of Morwell - commercial property zoned mixed use on 2 titles
Shop of approx 220m2 and adjoining vacant allotment of 501m2 - option of further development (STCA)
Great location, parking and access -plenty of potential offered here!
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 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 9,452 properties. Over the last 5 years, Houses in Morwell have seen a 84.11% increase in median value, while Units have seen a 81.59% increase. As at 31 January 2026:
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