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Morisset Park

NSW/
Morisset park

Suburb Profile

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

house

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb 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 $650,000.

The upward trend in home prices in MORISSET PARK, 2264 averaged 3.67% per annum over a 3-year period.

Average weekly rents on listings have reached the $460 mark, reflecting a 3.68% increase in returns based on the current median price in MORISSET PARK.

An average of 1.33 real estate transactions take place per month in MORISSET PARK which translates to 16 per annum.

16 properties were sold in MORISSET PARK in 2016, making it the 1108th most active market in NSW based on total real estate transactions.

MORISSET PARK, 2264 places 931st 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 $650,000 N/A
GROWTH REPORT
Median Quarterly -2.99% N/A
Median 12 month 0.09% N/A
Median 3 years 11.02% N/A
Median 5 years 28.59% N/A
10 years average annual 5.65% N/A
Weekly media advert. rent $460 N/A
Time on Market 109.3 days N/A
Gross Rental Yield Percent 3.68% N/A
demographics (median values)
Total Population
786
Weekly Household Income
921.6
Household Size
2.70
demographics
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