MORTS ESTATE ranks 959th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 8.33% for the past year is lower than average compared to its 60.14% growth within a five-year period.
Also in MORTS ESTATE, the median home price is sitting at $276,250, and the average rent at $300, this suggests property owners could potentially earn a 5.65% increase in gross rental yield.
Property investors have seen a 4.25% gain in MORTS ESTATE 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 8.36% growth over a ten-year period. It ranks 416th on our list of suburbs that property investors should look into.