Capital cities to see busiest auction week since April
With over 1,500 homes scheduled to go under the hammer, the combined capital city auction market is set to see its busiest week since early ...
The suburb’s capital gain of 19.21% for the past year is higher than average compared to its 34.74% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Also in MORPETH, the median home price is sitting at $605,000, and the average rent at $390, this suggests property owners could potentially earn a 3.35% increase in gross rental yield.
Property investors have seen a -0.94% drop in MORPETH based on a decrease in median home prices for the past three months.
They believe that homeowners and real estate investors betting on MORPETH, 2321 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 19.21%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 4.47% growth over a ten-year period. It ranks 1732nd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $605,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.94% | N/A |
| Median 12 month | 19.21% | N/A |
| Median 3 years | 16.57% | N/A |
| Median 5 years | 34.74% | N/A |
| 10 years average annual | 4.47% | N/A |
| Weekly media advert. rent | $390 | N/A |
| Time on Market | 51.0 days | N/A |
| Gross Rental Yield Percent | 3.35% | N/A |
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