AREA REPORTS

Morisset

Suburb Profile

Morisset - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2264

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 22.76% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $537,500

The augmented property values in the suburb are trailing above the territorial average of 6.63% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $382.5.

Home owners selling their properties and realtors in MORISSET usually have to wait an average of 73.5 days days before their assets are lifted off the market.

The NSW suburb ranks 459th on the list of best yielding suburbs for rental properties in NSW, posting a 3.7% return.

It also places places 386th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $537,500 $366,000
GROWTH REPORT
Median Quarterly 2.19% -1.61%
Median 12 month 18.39% -1.08%
Median 3 years 22.76% 2.52%
Median 5 years 56.93% 4.57%
10 years average annual 6.15% 0.92%
Weekly media advert. rent $382.5 $372.5
Time on Market 73.5 days 0.0 days
Gross Rental Yield Percent 3.7% 5.29%
demographics (median values)
Total Population
3111
Weekly Household Income
571
Household Size
2.10
demographics
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