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SUBURB DETAIL — HOUSES ONLY

Morwell

VICTIER 1UNKNOWNNear-PositiveEarlyNEW BUILD ELIGIBLE ✓
SCORE
89/100
POLICY
▲ STRONG UPGRADE
Market Metrics
Gross Yield
5.6%
Rent Growth
+5.5%
Price Growth
+5.1%
Vacancy
1%
Median Price
$358k
Weekly Rent
$390
Population
14k
Income Level
Low
NG Dependence
None
Rank
#2
Cashflow — 80% LVR @ 6.5% (indicative)
Annual Rent
$20,280
Annual Interest
$18,590
Net Pre-Costs
+$1,690
NG Needed?
No
Rent Projection at 5.5% annual growth
YEARWEEKLY RENTANNUAL RENTVS INTERESTCF STATUS
Now$390/wk$20,280+$1,690POSITIVE
Year 1$411/wk$21,395+$2,805POSITIVE
Year 2$434/wk$22,572+$3,982POSITIVE
Year 3$458/wk$23,814+$5,224POSITIVE
Year 4$483/wk$25,123+$6,533POSITIVE
Investment Signal

Direct Keppel data centre suburb. $10B investment = Australia's largest AI infrastructure site. English Street new development retains unlimited NG under budget changes. Near-positive cashflow on existing stock. Completely absent from investor media.

Risk / Warning

Keppel is announced/planned, not construction-started; socio-economic spread across suburb is wide; buy premium streets; avoid known social housing pockets

Budget Policy Impact

English Street new development in Morwell is a new-build play retaining full, unlimited NG under the budget changes. CGT indexation suits long-hold income holders. SRL $3.8B confirmation improves Melbourne commuter viability.

Economic Catalysts
$10B Keppel AI data centre (Australia's largest planned)Latrobe Valley energy transitionMarinus LinkPaper industry
Score Breakdown — 89/100
Yield (0–25)
+21
Rent Growth (0–15)
+12
Price Lag (0–20)
+17
Supply (0–15)
+13
Jobs & Income (0–15)
+13
Liquidity (0–10)
+6
Hype Penalty (penalty)
0
POLICY DELTA+7pts
TOTAL89
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