21 Wallace Street, Morwell, VIC 3840 | Property Value & History | OnTheHouse
FOR SALE

21 Wallace Street
Morwell VIC 3840

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 339m2
This property is currently on the market
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Property Details for 21 Wallace St, Morwell

21 Wallace St, Morwell is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 339m2.This Property is currently listed for sale with Keith Williams Estate Agency

Building Type
House
Land Size
339m2
Local Government
Latrobe
Lot/Plan
2/PS914408

Last Listing description (March 2026)

Brand new, beautifully finished and perfectly positioned, this contemporary home delivers the ultimate set and forget lifestyle just moments from the heart of Morwell. Designed for effortless living, it presents an exceptional opportunity for those looking to enter the market, downsize without compromise, or secure a low maintenance investment in a location that places everyday convenience at your doorstep.

Enjoy the ease of walking to the Morwell CBD, Coles, the train station, the art gallery and some of the regions most loved cafs, all while coming home to the comfort and peace of a brand new build where everything has been thoughtfully completed and ready to enjoy from day one.

The Details:

- Practical & light filled floorplan
- Open plan living, dining & kitchen space
- 900mm free-standing electric oven with gas cooktop
- Walk in pantry, microwave cavity & stone tops
- Primary bedroom features walk-in robe & ensuite
- Remaining bedrooms offer built-in robes
- Stunning main bathroom with separate toilet
- Double door linen press for storage
- Double remote garage with internal access to the home

For the investors: Projected rental income of $550-$580 per week.

Opportunities to secure a brand new home in such a convenient position are increasingly rare. With all the hard work already done and a location that places daily essentials within easy reach, this is a property that simply makes sense for a wide range of buyers.

Contact Jake Gardam on 0412 594 439 for your private inspection.

Keith Williams Real Estate Traralgon ~ Over 80 Years In Real Estate

Note: All information on this listing has been provided to Keith Williams Real Estate Traralgon by third parties. This information should not be relied upon, and property buyers are advised to conduct their own due diligence before making a property purchase.

Property History for 21 Wallace St, Morwell, VIC 3840

A timeline of how this property has performed in the market
  • 13 Mar 2026
    Listed for Sale $598,000
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About Morwell 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 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 9,468 properties. Over the last 5 years, Houses in Morwell have seen a 87.65% increase in median value, while Units have seen a 83.79% increase. As at 28 February 2026:

  • The median value for Houses in Morwell is $412,450 while the median value for Units is $328,348.
  • Houses have a median rent of $420 while Units have a median rent of $320.
There are currently 57 properties listed for sale, and 19 properties listed for rent in Morwell on OnTheHouse. According to Cotality's data, 659 properties were sold in the past 12 months in Morwell.

Suburb Insights for Morwell 3840

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.