24b The Avenue is a 10 lot apartment building in Morwell. It is located within the Latrobe - Gippsland region and falls under Latrobe council.
Apartments at 24b The Avenue currently show a median estimated value of $182,487 and a median weekly rent of $310, compared with Morwell medians of $272,091 and $320 per week.
Valuation Performance vs. Morwell (3840)
Based on data we have available for this building and other apartment buildings in the area, the median unit value for 24b The Avenue is $182k, with a median rent of $310/wk and a median gross yield of 8.83%.
| Metric | 24b The Avenue Morwell VIC 3840 | Suburb median | Percentile |
|---|---|---|---|
| 1 Bedroom median | Premium | - | Premium |
| 2 Bedroom median | Premium | - | Premium |
| 3 Bedroom median | Premium | - | Premium |
| Sales & rental history | Premium | - | Premium |
| Capital growth trends | Premium | - | Premium |
| Turnover analysis | Premium | - | Premium |
| Location risk | Premium | - | Premium |
| Amenity positioning | Premium | - | Premium |
| Strata fee context | Premium | - | Premium |
AVM data is based on aggregated unit sales and rental activity. Estimates are modelled values - not formal valuations. Use as a guide only. Data updated January 2026.
Recent Sales & Rental Listings
| Sales | |||
|---|---|---|---|
| 21 Feb 2025 | #102 | 2/2/1 | Premium |
| 13 Feb 2025 | #303 | 2/2/1 | Premium |
| 20 Dec 2024 | #211 | 2/1/1 | Premium |
| 8 Nov 2024 | #906 | 3/2/2 | Premium |
| Rentals | |||
|---|---|---|---|
| 23 Nov 2025 | #1502 | 2/2/1 | Premium |
| 30 Jul 2025 | #1110 | 2/2/1 | Premium |
| 28 Jul 2025 | #806 | 1/1/1 | Premium |
| 12 Jun 2025 | #1409 | 3/2/2 | Premium |
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