Suburb Profile
Mount Morgan - FREE SUBURB PROFILE REPORT POSTAL CODE: QLD,4714
Property investments in MOUNT MORGAN fare well against the rest of the country last year, registering a median home price increase of 0%.
Real estate investors could earn a rental income of $200 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 128.3 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $100,000.
MOUNT MORGAN ranks 6th on the list of best yielding suburbs for rental properties in QLD, posting a 10.4% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $100,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | 0% | N/A |
| Median 3 years | 5.26% | N/A |
| Median 5 years | -31.03% | N/A |
| 10 years average annual | -1.07% | N/A |
| Weekly media advert. rent | $200 | N/A |
| Time on Market | 128.3 days | N/A |
| Gross Rental Yield Percent | 10.4% | N/A |
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Amazing story so true
The credit vs cash spending behaviour is...