AREA REPORTS

Morphett Vale

Suburb Profile

Morphett Vale - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5162

house
unit

A survey of average capital gains or median home price increase in suburbs across the country shows that the SA suburb obtained a 1.78% growth over a ten-year period. It ranks 3230th on our list of suburbs that property investors should look into.

MORPHETT VALE, 5162 has a capital gain of -0.48% for the past year, which is lower than average compared to its 11.17% growth within a five-year period.

With the median home price in MORPHETT VALE sitting at $308,500, and the average rent at $320, property owners could potentially earn a 5.39% increase in gross rental yield.

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

MORPHETT VALE, 5162 in SA belongs to the local government area of Onkaparinga.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $308,500 $255,000
GROWTH REPORT
Median Quarterly -0.48% 1.19%
Median 12 month -0.48% 10.87%
Median 3 years 6.2% 12.33%
Median 5 years 11.17% 10.87%
10 years average annual 1.78% 2.3%
Weekly media advert. rent $320 $275
Time on Market 55.9 days 88.6 days
Gross Rental Yield Percent 5.39% 5.61%
demographics (median values)
Total Population
23046
Weekly Household Income
775.2
Household Size
2.40
demographics
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