Real Estate Appraisal Morwell VIC 3840
How Much is my Home Worth in Morwell?
The median price for a house in Morwell as of November 2022, was $326,000. The median price for a unit is $279,000. The 12-month capital growth is at 31.05%. The average annual capital growth is 14.38%. It takes on average 22 days to sell a house in Morwell. The gross rental yield for a house is 5.27% and for a unit, it is 5.12%. The DSR or Demand to Supply Ratio ranks houses in Morwell as very good and for units, it is above average. This is a healthy market for investors wanting to apply some value-adding strategy. Buyers are sometimes able to get away with low-ball offers. Sellers are getting the prices they ask for more often than not. Expect growth to marginally exceed the national average.
Median House prices and rent returns in Morwell
- 2 bedroom house $250,000 Rent per week $280
- 3 bedroom house $340,000 Rent per week $340
- 4 bedroom house $432,250 Rent per week $400
Median Unit prices and rent returns in Morwell
- 1 bedroom unit No Data Rent per week $210
- 2 bedroom unit $279,000 Rent per week $250
Free Real Estate Appraisal Morwell
Are you contemplating selling your home or land in Morwell? We provide accurate and free property appraisals on houses, units and land. We base our final market price on the sales history and the location to shops and amenities.
Our team is happy to meet with house and landowners that are interested in selling and want to know the value of their property. Our database has a list of potential buyers that are looking for all types of real estate in Morwell.
Property Valuation Morwell
The majority of people believe a property appraisal and a property valuation are the same. In part this is true. However, if for legal purposes you need a valuation then you need to engage the services of a licenced property valuer. This will cost you money. If you just want to know how much your home is worth then any registered real estate agent can give you a price.
How do we appraise a property in Morwell
- Location to amenities
- Recent sales history of Morwell
- Proximity to schools and shops
- Comparison of market values
River Falls Morwell
