Property investors who have had real estate in Morisset Park, 2264 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.26%
A 35.54% growth in median value for property investors in Morisset Park,2264 puts this suburb at number 1294th in terms of best performing suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Morisset Park itself are offering an average vendor discount of -9.12% to real estate investors.
With the median price for a house in Morisset Park being $562500 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 3.98%