Heartland Estate – Morwell, VIC | Investor Highlights

• Dual-living opportunity: Lot 219 Clematis Street is a titled 551sqm allotment with a Kingston 27 dual-living design, configured as 6 bedrooms, 3 bathrooms, 2 living areas and 2-car accommodation. Package price is $742,024, valid to 21 October 2026. Turnkey inclusions include landscaping, fencing, driveway, solar PV, 7-star energy rating and separate split systems for the main dwelling and unit.
• Location & connectivity: Morwell is approximately 150–160km east of Melbourne CBD and around 170km by road from Melbourne Airport. Princes Freeway provides direct Melbourne access, while Morwell Station connects to Melbourne via V/Line; rail travel to Southern Cross is around 2¼ hours.
• Shopping, dining & entertainment: Mid Valley Shopping Centre is Morwell’s major retail destination, complemented by the Morwell CBD, cafés and restaurants. Latrobe Regional Gallery provides a major local arts and cultural attraction.
• Education: Clematis Street is reported around 0.4km from Morwell Central Primary School and 1.9km from Kurnai College. Federation University’s 60-hectare Gippsland Campus is in nearby Churchill, with bus connections from Morwell.
• Health & recreation: Latrobe Regional Health at Traralgon West is the major specialist referral hospital for Gippsland; its recently completed expansion represented $223.5m of investment. Local recreation includes Morwell parks and playgrounds, Morwell National Park and sporting facilities across the Latrobe Valley.
• Rental demand: Current third-party suburb data reports a ~1.18% vacancy rate with 89 rental properties available, pointing to relatively tight rental supply. Vacancy estimates vary between providers, so the figure should be reconfirmed when completing investment due diligence.
• Population & housing demand: Morwell recorded 14,389 residents at the 2021 Census, while local planning anticipates the population reaching approximately 15,000 by 2033.
• Employment & infrastructure: Key employment drivers include healthcare, government, education, retail, manufacturing and logistics. The Morwell-based Latrobe Valley GovHub has capacity for around 300 workers, while the Gippsland Logistics and Manufacturing Precinct is being developed to attract advanced manufacturing, transport and logistics employment. Latrobe City’s adopted 2026/27 capital works program totals $90.4m.