Morwell at a glance
14,487
People
$470,000
Median sale
$366/wk
Median rent
4.05%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
$510,000
Last sold
26 Aug 2026
4
Bedrooms
1
Bathrooms
4
Car spaces
645 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$510,000
26 Aug 2026 · derived via latest_sale
Local land rate: recorded House sales in Morwell (last 5 years) with land size have a median of $688/m² of land (n=68). Districts calculation from recorded sales — not a valuation.
Morwell at a glance
14,487
People
$470,000
Median sale
$366/wk
Median rent
4.05%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Vs Morwell
+8.5%
Median sale
Suburb $470,000
-0.32 pp
Gross yield
Suburb 4.05%
Suburb median $470,000 from 75 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $366/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Morwell at a glance
14,487
People
$470,000
Median sale
$366/wk
Median rent
4.05%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Keith Williams Real Estate TraralgonThere are plenty of four-bedroom homes.
Very few come with this much flexibility.
Set in a convenient Morwell location, 1 Ash Street is a well-loved family home offering four bedrooms, multiple entertaining options and a backyard that gives you far more than meets the eye.
WHAT MAKES THE HOME DIFFERENT
The standout is the flexibility.
The enclosed double carport has been transformed into a genuine all-season entertaining space, complete with split-system air conditioning and ceiling fans, while the garage features a second full kitchen. Add the workshop, garden hut, outdoor toilet and secure vehicle access, and you have a home that can adapt to whatever life looks like.
WHY YOU'LL LOVE IT
This is a home designed to be used, not just looked at.
The updated main kitchen sits at the heart of the home and connects naturally with the formal dining area, giving you a practical space for everyday living and family gatherings. And when you need to leave the house, Mid Valley Shopping Centre, Morwell Park Primary School and Kurnai College are all close by.
THE FINER DETAILS
• 4 bedrooms
• 1 bathroom
• Updated main kitchen
• Formal dining area
• Enclosed double carport / entertaining area
• Split-system air conditioning and ceiling fans
• Full second kitchen in garage
• Dedicated workshop
• Outdoor toilet
• Garden hut
• Fully fenced and gated front yard
• Double gates for secure vehicle access
A HOME WITH OPTIONS.
Whether you're buying your first home, giving the family more room or looking for an investment with genuine flexibility, 1 Ash Street gives you plenty of ways to make it work.
Contact Kyle Alcock on 0412 713 754 to arrange your inspection.
Keith Williams Real Estate Traralgon – Over 85 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
Listing description written by Kyle Alcock, Keith Williams Real Estate Traralgon — reproduced as published, not verified by Districts.