MORPETH ranks 1298th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -0.12% for the past year is lower than average compared to its 25.98% growth within a five-year period.
Also in MORPETH, the median home price is sitting at $499,500, and the average rent at $395, this suggests property owners could potentially earn a 4.11% increase in gross rental yield.
Property investors have seen a 0.1% gain in MORPETH based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.03% growth over a ten-year period. It ranks 931st on our list of suburbs that property investors should look into.