Morwell
VIC 3840
Morwell is a town and administrative centre in the City of Latrobe, about 135 kilometres from the Melbourne CBD. Commercial Road and Princes Drive form the central city streets, reflecting the route of the former Princes Highway through the town. Morwell is the centre of the Latrobe Valley urban area and has passenger and freight rail connections on the Bairnsdale line.
Morwell has a mixed commercial market, with warehouses and factories, office suites and floors and shopfronts serving a regional administrative and employment centre. Nearby commercial markets include Traralgon, Traralgon East and Moe.
49
Active lease listings
commercial properties
$32,500
Median annual rent
asking rent across all listings
186
Median days on market
across all active listings
Lease rate trend
$133/m² p.a.
Median advertised rate
Up 0.8%
Change over 12 months
Indicative only: advertised rates across all commercial listing types and sizes in Morwell. Drill down to individual listings in MarketBuddy
Listings by sector
17
Industrial, Warehouse and Factories
active lease listings
13
Offices
active lease listings
12
Retail and Shops
active lease listings
3
Medical / Consulting
active lease listings
2
Land and Developments
active lease listings
1
Other
active lease listing
1
Showrooms / Bulky Goods
active lease listing
Want to know more?
Explore commercial property insights for Morwell in MarketBuddy.
Last updated 5 September 2026