Top 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...
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 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|