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Mount Morgan

Suburb Profile

Mount Morgan - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4714

house

Property investments in MOUNT MORGAN fare well against the rest of the country last year, registering a median home price increase of 23.24%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains MOUNT MORGAN, 4714 saw average growth in the long term.

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 104.9 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 $114,000.

MOUNT MORGAN ranks 13th on the list of best yielding suburbs for rental properties in QLD, posting a 9.12% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $114,000 N/A
GROWTH REPORT
Median Quarterly 7.04% N/A
Median 12 month 23.24% N/A
Median 3 years 8.57% N/A
Median 5 years 3.64% N/A
10 years average annual -1.17% N/A
Weekly media advert. rent $200 N/A
Time on Market 104.9 days N/A
Gross Rental Yield Percent 9.12% N/A
demographics (median values)
Total Population
2180
Weekly Household Income
481.6
Household Size
2.30
demographics
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