At number 3312th in the list of Australian suburbs ordered by increase in median house value over the last year, Morisset Park, 2264 is in the BOTTOM 30% with a property value increase of -3.50% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Morisset Park has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Morisset Park, 2264. Typically our figures indicate that -8.51% is being offered, which puts this NSW suburb at 652th most discounted overall in Australia.
Often selling an investment property can take time, and in Morisset Park the average time real estate has been on the market is 95.33 days.
Advertised rents are around the $430 mark per week – giving a return of 3.96% based on the median price in Suburb