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 › Maryvale Rd
$499,900
For sale
Asking
3
Bedrooms
1
Bathrooms
1
Car spaces
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
Asking
$499,900
Asking
No recorded sale for this property.
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
+6.4%
Median sale
Suburb $470,000
-0.24 pp
Gross yield
Suburb 4.05%
Suburb median $470,000 from 75 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$30,036 on top of the price (6.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Morwell's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 3.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Dream Property Solutions PTY LTDSet on an impressive corner allotment of approximately 920m², 89 Maryvale Road offers a combination that is increasingly difficult to find: a well-presented brick home, genuine backyard space and flexibility for the years ahead.
Polished timber floors bring warmth and character to the interior, with a spacious living room providing a comfortable central place to relax. Reverse-cycle split-system heating and cooling ensures year-round comfort, while external roller shutters add privacy, security and protection from the elements.
Disclaimer: All dimensions, Pictures, sizes and layout are approximate.
Every precaution has been taken to establish the accuracy of the above information; however, it does not constitute any representation by the vendor, agent or agency.
The practical floorplan includes three well-sized bedrooms, two with built-in robes, a central bathroom and a functional galley-style kitchen with generous storage.
Outside is where the property really separates itself. The expansive backyard provides room for children, pets, gardening and entertaining, while the single garage and additional shed storage offer valuable space for vehicles, tools and equipment. The size and corner position may also provide scope for further shedding or future improvements, subject to council and relevant authority approval.
Morwell Central Primary School is approximately 300 metres away, with Morwell's town centre, shops and transport also within convenient reach.
Property highlights:
Approximately 920m² corner allotment
Solid three-bedroom brick home
Two bedrooms with built-in robes
Polished timber flooring
Spacious central living area
Reverse-cycle split-system heating and cooling
External roller shutters
Single garage and additional shed storage
Expansive backyard with genuine usable space
Scope for additional improvements or shedding, subject to approval
Approximately 300 metres from Morwell Central Primary School
This is an opportunity to secure a comfortable home with significantly more land than many competing properties currently available in Morwell.
Contact Daman on 0426 234 020 or Vik on 0451 777 171 to arrange your inspection.
Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist
Disclaimer: All dimensions, Pictures, sizes and layout are approximate.
Every precaution has been taken to establish the accuracy of the above information; however, it does not constitute any representation by the vendor, agent or agency.
Listing description written by Daman Singh, Dream Property Solutions PTY LTD — reproduced as published, not verified by Districts.