The post-budget guide to commercial property investing

Morgantown

POSTAL CODE: WA, 6701
HOUSE

Property investors have seen a -1.47% drop in MORGANTOWN based on a decrease in median home prices for the past three months.

Homeowners and real estate investors betting on MORGANTOWN, 6701 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 28.85%.

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 $335,000

Profits averaged 19.67% per annum over a 3-year period, due to an upward trend in home prices in MORGANTOWN, 6701.

This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.

The gross rental yield in MORGANTOWN, 6701 is 6.99%.

An average of 1.5 real estate transactions take place per month in MORGANTOWN which translates to 18 per annum.

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