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.
VIC › Morwell › Wattletree Cres
$579,000
Last sold
24 Apr 2026
4
Bedrooms
2
Bathrooms
1
Car spaces
559 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
$579,000
24 Apr 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
+23.2%
Median sale
Suburb $470,000
-0.76 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 One Agency Latrobe ValleyThis well maintained brick home offers generous proportions, versatile living spaces, and modern comforts, making it ideal for growing families or those who love to entertain.
Property Features:
- A solid brick exterior is complemented by a tiled roof, while 18 solar panels and gas central heating provide year round efficiency and comfort.
- The L-shaped lounge offers excellent proportions, creating a welcoming space for relaxing or entertaining. Soft carpeting and a large window allow plenty of natural light to fill the room.
- Tiled underfoot, the kitchen is well appointed with ample storage and a practical layout. It features laminate benchtops with a breakfast bar, a 900mm electric oven, a 900mm gas cooktop with wok burner, and double full sized sinks with a double drainer.
- Positioned in close proximity to the kitchen, the dining area provides a convenient and connected space for everyday meals, complete with easy care tiled flooring.
- Flowing directly from the kitchen, the rumpus or family room offers a versatile second living zone with timber flooring and an abundance of natural light. Glass sliding doors open out to the rear yard and undercover entertaining area.
- Well sized, the master bedroom includes four door built in wardrobe space and a ceiling fan for added comfort. A private ensuite features a tiled shower, single sink vanity with great bench space, and ample under bench storage.
- Two additional bedrooms are carpeted and fitted with built in double robes, making them comfortable and practical for family living while the fourth carpeted bedroom offers flexibility and can easily serve as a guest room, study, or home office.
- Servicing the home, the main bathroom includes a single sink vanity, bathtub, and step in shower, along with the convenience of a separate toilet.
- Practical in design, the tiled laundry includes double-door linen storage to help keep the home organised.
- Outdoors, a single carport provides covered parking, while the concreted undercover alfresco area is ideal for entertaining.
-The backyard features fruit trees, stone and gravel pathways, a clothesline, garden shed, cubby house, and low maintenance landscaping.
Offering space, functionality, and energy efficient features, this property combines multiple living areas with a well designed outdoor setting, delivering a comfortable and low maintenance lifestyle for the whole family.
Contact us for an inspection:
Anthony Bloomfield – 0455 303 750
Josh Quigley – 0477 122 366
Brett Chapman – 0439 313 431
Listing description written by Anthony Bloomfield, One Agency Latrobe Valley — reproduced as published, not verified by Districts.