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19 Land for Sale in Morwell VIC 3840
Vacant Land
[Heartland Estate]
Stage 2a -
Lot 234
Available
Frontage
14m
Depth
43.5m
Land size
609m²
Suburb: Morwell VIC 3840
WESTBANK RELEASE
The Westbank release promises a range of family friendly sizes ranging from 544-629m2 suited to all budgets and life stages. Whether you’re a first home buyer or looking for a home your family will grow into, Heartland’s Westbank release is the perfect place to lay down your roots. Don't miss your chance being part of growing community where work/life balance is a priority.
The Westbank release promises a range of family friendly sizes ranging from 544-629m2 suited to all budgets and life stages. Whether you’re a first home buyer or looking for a home your family will grow into, Heartland’s Westbank release is the perfect place to lay down your roots. Don't miss your chance being part of growing community where work/life balance is a priority.
Visit Display Villages near Morwell VIC 3840
Suburb Profile for Morwell VIC 3840
Land for Sale, House and Land Packages and Townhouses in Morwell VIC 3840 across 12 estates. Below are a snapshot of this suburb via buyer demand index.
| Total developments | 12 |
| City council | Latrobe City Council |
| Buying Purposes | Buy and rent out (31%) |
| Preferred Land Sizes | 500m² - 699m² (26%) |
| Preferred Land Settlement Time | Titling in 6 - 12 months (29%) |
| Preferred Building Types | Single storey home (75%) |
| Preferred Amenities | Shopping centres (35%) |
| Preferred Floor-plans | 4 bed | 2 bath | 2 car (52%) |
| Residency Status | Australian citizen (90%) |
| Financial Status | Deposit ready (34%) |
| Timeframe to Purchase | 1 - 3 months (29%) |
| Building Budget | $200,000 - $300,000 (29%) |
Note: Buyer preference data is from the past 12 months.
Land Price Trend in Morwell VIC 3840
Below shows the price trend from vacant land sales recorded in Morwell VIC 3840. *
* Price data comes from Valuer-General Victoria on 05/06/25
Vacancy Rate in Morwell VIC 3840
View full vacancy rate history in Morwell VIC 3840 via SQM Research.
Suburbs near Morwell VIC 3840
Yallourn VIC 3825
1 estate | Latrobe City Council
7.9km north-west
Churchill VIC 3842
7 estates | Latrobe City Council
8.9km south
Newborough VIC 3825
8 estates | Latrobe City Council
11.3km north-west
Yinnar VIC 3869
2 estates | Latrobe City Council
11.3km south-west
Tyers VIC 3844
1 estate | Latrobe City Council
12.1km north-east
Traralgon VIC 3844
14 estates | Latrobe City Council
13.1km east
FAQs about Morwell VIC 3840
What's the average price for new land lot in Morwell VIC 3840?
- In Jan - Mar 24, the median price for vacant land in Morwell VIC 3840 was $135,000.
What's the recent price change for new land lot in Morwell VIC 3840?
- From Oct - Dec 17 to Jan - Mar 24, the median price for vacant land in Morwell VIC 3840 has increased 11.11%.
- From 2008 to 2024, the median price for vacant land in Morwell VIC 3840 has increased 177.46%. *
Which council does Morwell VIC 3840 belong to?
Morwell VIC 3840 falls under Latrobe City Council
.
Learn more about Latrobe City Council
Learn more about Latrobe City Council
What is the most desired land size in Morwell VIC 3840?
26% of new home buyers in Morwell VIC 3840 are looking for 500m² - 699m² land size.
View more on the Buyer Demand Index
View more on the Buyer Demand Index
What is the most desired floor-plans in Morwell VIC 3840?
52% of new home buyers in Morwell VIC 3840 are looking for 4 bed | 2 bath | 2 car floor-plans.
View more on the Buyer Demand Index
View more on the Buyer Demand Index
Which schools are in Morwell VIC 3840?
There are 5 schools
registered in Morwell VIC 3840.
- Morwell Park Primary School
- Kurnai College
- Sacred Heart School
- St Vincent de Paul's School
- Morwell Central Primary School
What suburbs are near Morwell VIC 3840?
There are 6 suburbs near Morwell VIC 3840.
- Yallourn VIC 3825 | 7.9km north-west
- Churchill VIC 3842 | 8.9km south
- Newborough VIC 3825 | 11.3km north-west
- Yinnar VIC 3869 | 11.3km south-west
- Tyers VIC 3844 | 12.1km north-east
- Traralgon VIC 3844 | 13.1km east