The Sydney suburbs tipped to bounce back first
If investors want to capitalise on market conditions in Sydney, they may want to consider watching these key markets and their surrounding s...
Property investors have seen a 30.77% gain in MORGANTOWN based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MORGANTOWN, 6701 saw average growth in the long term.
The WA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $170,000
This means, real estate investors could earn a rental income of $290 based on current median home prices for the suburb.
The gross rental yield in MORGANTOWN, 6701 is 8.87%.
An average of 1.08 real estate transactions take place per month in MORGANTOWN which translates to 13 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $170,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 30.77% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | -37.04% | N/A |
| 10 years average annual | 0.94% | N/A |
| Weekly media advert. rent | $290 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 8.87% | N/A |
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