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1 MIN READTop 10 Suburbs For Unit Price Growth In Perth
In July 2021, a CoreLogic study showed a record high gap between median house and unit prices in the Australian property...
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MorpethMorpeth - SUBURB PROFILE REPORT
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The suburb’s capital gain of 2.48% for the past year is lower than average compared to its 27.84% growth within a five-year period.
Also in MORPETH, the median home price is sitting at $620,000, and the average rent at $430, this suggests property owners could potentially earn a 3.61% increase in gross rental yield.
Property investors have seen a 4.64% 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 3.88% growth over a ten-year period. It ranks 2566th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $620,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 4.64% | N/A |
| Median 12 month | 2.48% | N/A |
| Median 3 years | 21.57% | N/A |
| Median 5 years | 27.84% | N/A |
| 10 years average annual | 3.88% | N/A |
| Weekly media advert. rent | $430 | N/A |
| Time on Market | 36.5 days | N/A |
| Gross Rental Yield Percent | 3.61% | N/A |
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