Hi Polsator,
I also liked the look of Morwell and on my first trip out there I picked up a property for $80,000 in July last year.
After spending $6500 on a quick reno I did myself, I managed to rent it out for $160 per week and now it is up to $165 per week in rent.
My house is in Sherrin St and is up in the housing commission area. By updating it I was hoping to attract a more desirable type of tenant and they have been fantastic, with no complaints and have signed a new 12 month lease at a higher rate.
If OC1 is around he is great to talk to, he knows all about the area.
Regards Bronwyn.