ABS 2021 Census · Updated 31 March 2026
Morwell is a regional centre in Victoria, Australia, with a population of approximately 14,389, making it a smaller community. Located approximately 135 km from the Melbourne CBD, Morwell is a regional area in Victoria. The median household income is $48,984 AUD per year (ABS 2021 Census).
Household earnings in Morwell are below the state average, which may affect long-term capital growth. Distance from major centres is a consideration, though regional markets can offer higher rental yields.
Map shows Morwell, Victoria, Australia.
Official Australia Post postcode for Morwell. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 4 schools within or near this suburb based on ABS 2021 data.
Find schools near Morwell on My School →Estimated 6 parks and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data →As a regional centre, Morwell serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $215/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $953/month. 77% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
Long-term holding in Morwell requires careful assessment of local economic resilience.
Morwell's rental market is softer — budget for potential vacancy periods.
Limited buyer depth in Morwell makes flip strategies higher-risk — consider rental conversion instead.
Run the numbers on a Morwell property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Price movement in Morwell is expected to be flat to modest in 2026, reflecting broader regional market conditions. Tenants in Morwell have options — presenting well-maintained properties is key to minimising vacancy. Morwell is not a headline market, but contrarian investors may see long-term potential.
Morwell is a regional area in Victoria with a population of 14,389. The median rent is $215/week and the median household income is $48,984/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Morwell include regional employment hubs, lifestyle, and affordability. 77% of dwellings are separate houses. The area has approximately 4 schools and 6 parks nearby.
According to the ABS 2021 Census, Morwell has a population of approximately 14,389. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Morwell is approximately 135 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant — local amenities and employment are important investment considerations.