55 Tarwin Street, Morwell, VIC 3840 | Property Value & History | OnTheHouse
OFF MARKET

55 Tarwin Street
Morwell VIC 3840

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 503m2
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Last updated 27 Jul 2026
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Property Details for 55 Tarwin St, Morwell

55 Tarwin St, Morwell is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 503m2.

Building Type
House
Land Size
503m2
Local Government
Latrobe

Last Listing description (July 2026)

Privately positioned at the rear on a battle axe allotment, this immaculately presented residence represents an outstanding investment opportunity with a projected rental return of approximately $550 per week.

Accessed via an electric gate, the property offers security, privacy and a low-maintenance lifestyle that is highly attractive to quality tenants. Showcasing generous proportions throughout, the home comprises three spacious bedrooms, including a master suite with walk-in robe, ensuite and split system air conditioning. The remaining bedrooms feature built-in robes and are serviced by a central family bathroom with separate shower and bath.

A dedicated study with built-in storage provides additional flexibility for those working from home, while multiple living zones enhance tenant appeal. These include a large open plan living and dining area, a separate enclosed lounge that could also serve as a fourth bedroom if required, and a light filled family room.

The well appointed kitchen features stone benchtops, a 900mm oven and cooktop, dishwasher, and ample storage, overlooking the main living area to create a practical and functional hub of the home.
Gas ducted heating ensures year round comfort, while the lock-up-and-leave design eliminates the burden of ongoing garden maintenance, making this an ideal set and forget investment.

Complete with a single carport and storage shed under the roofline, this quality property presents a compelling opportunity to secure a strong performing asset in a sought-after location. With an estimated rental return of $550 per week, investors can enjoy an attractive gross rental yield of approximately 5%.

Contact Tyson Jenkin at Keith Williams Real Estate in Traralgon on 0456 588 078.

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 55 Tarwin St, Morwell, VIC 3840

A timeline of how this property has performed in the market
Listed for Rent
$210/w
07 Oct 2015
  • 31 Mar 2026
    Listed for Sale $515,000
  • 22 May 2018
    Listed for Sale Not Disclosed
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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 9,461 properties. Over the last 5 years, Houses in Morwell have seen a 75.67% increase in median value, while Units have seen a 68.03% increase. As at 30 June 2026:

  • The median value for Houses in Morwell is $441,367 while the median value for Units is $363,123.
  • Houses have a median rent of $420 while Units have a median rent of $330.
There are currently 61 properties listed for sale, and 31 properties listed for rent in Morwell on OnTheHouse. According to Cotality's data, 689 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.