Delora

Morwell vs Yallourn North

House prices, rent and lifestyle, side by side. Every figure shows its period and source.

Bars scale each row to its largest figure.
SuburbMorwellLatrobeYallourn NorthLatrobe
Price & rent
Median house priceValuer-General Victoria$370,000 (calendar year 2025)$345,000 (calendar year 2025)
Median unit price$305,000 (calendar year 2025)not available
Median weekly rentDFFH / Census 2021$380/wk$220/wk
Gross rental yieldweekly rent x 52 / house price, before costs5.34%3.32%
People
PopulationABS Census 202114,3891,511
SEIFA advantage decile1/102/10
Housing
Houses86%100%
Townhouses6%0%
Apartments/units7%0%
Transport
Distance to Melbourne CBDnot availablenot available
Train stations20
Tram stops00
Planning & risk
Flood overlayVicmap Planning14%4%
Bushfire overlayVicmap Planning19%87%
Heritage overlayVicmap Planning1%0%
Schools (zoned government)
PrimaryHazelwood North Primary School, Morwell Central Primary School, Morwell Park Primary School, Traralgon (Kosciuszko Street) Primary SchoolNewborough East Primary School, Tanjil South Primary School, Tyers Primary School, Yallourn North Primary School
SecondaryKurnai College, Traralgon CollegeKurnai College, Lowanna College, Traralgon College
Safety
Recorded crime (council area)Crime Statistics Agency Victoria, council-wideHigher than most areasHigher than most areas

Key differences

Median house price over time

$107k$204k$301k$398k20132025Morwell, 2013: $160,000Morwell, 2014: $150,000Morwell, 2015: $151,000Morwell, 2016: $153,000Morwell, 2017: $170,000Morwell, 2018: $167,000Morwell, 2019: $179,000Morwell, 2020: $200,000Morwell, 2021: $275,000Morwell, 2022: $325,000Morwell, 2023: $333,500Morwell, 2024: $335,000Morwell, 2025: $370,000Yallourn North, 2013: $135,000Yallourn North, 2014: $149,500Yallourn North, 2015: $153,000Yallourn North, 2016: $165,500Yallourn North, 2017: $180,000Yallourn North, 2018: $172,000Yallourn North, 2019: $191,000Yallourn North, 2020: $206,000Yallourn North, 2021: $263,000Yallourn North, 2022: $325,000Yallourn North, 2023: $319,500Yallourn North, 2024: $330,000Yallourn North, 2025: $345,000
MorwellYallourn North

The median house price in Morwell was $370,000 in calendar year 2025 (Valuer-General Victoria); the median unit price was $305,000 in calendar year 2025. The median house price in Yallourn North was $345,000 in calendar year 2025 (Valuer-General Victoria).