Suburb Profile Report for Morisset Park NSW (2264)

Morisset Park House: Median price $547,500, Annual capital growth 4.62%, Number of sales 13, Weekly median advertised rent $438

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

With a capital gain of -6.57% for the last 12 months, Morisset Park, 2264 has performed for property investments than its average annual 4.62% property growth over the last 5 years.

The five-year average increase in median property values for Morisset Park,2264 has given property investors a potential capital gain of 41.11% across each of those five years.

The most recent median price for Morisset Park is $547500, with sellers offering an average of -8.87% off the asking price.

Situated 88.22km from the CBD, Morisset Park is one of Lake Macquarie localities in the postcode 2264.

Metrics i HOUSE UNIT
$547,500 N/A
-3.10% N/A
-6.57% N/A
4.62% N/A
$438 N/A
13 N/A
4.16% N/A
94.9 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 617
Median household income ($/weekly) 1346
Median age of persons 42
Median housing loan repayment ($/monthly) 1800
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 75 12.1
    35-44 years 66 10.7
    45-54 years 82 13.3
    55-64 years 107 17.3
    65-74 years 81 13.1
    Others 207 33.5
    Age Group
    Census Count Percent(%)
    Registered Married 270 59.0
    Not Married 151 33.0
    Defacto Relationship 37 8.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 506 84.5
    Papua New Guinea 10 1.7
    South Africa 19 3.2
    United Kingdom 26 4.3
    Other 13 2.2
    Others 25 4.2
    Country of Birth
    Census Count Percent(%)
    Christianity 439 75.3
    No Religion 132 22.6
    Buddhism 9 1.5
    Islam 3 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 21 10.1
    $1,250-$1,499 23 11.1
    $1,500-$1,999 23 11.1
    $2,000-$2,499 17 8.2
    $2,500-$2,999 19 9.2
    Others 104 50.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 181 37.5
    Not in the labour force 168 34.8
    Employed, worked part-time 94 19.5
    Employed, away from work 23 4.8
    Unemployed, looking for work 17 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 38 12.8
    Professionals 69 23.2
    Technicians & trades workers 40 13.5
    Clerical & administrative workers 49 16.5
    Sales 30 10.1
    Others 71 23.9
    Occupation
    Census Count Percent(%)
    Pre-school 16 12.2
    Infants/Primary 42 32.1
    Secondary 39 29.8
    Technical or Further Educational Institution 10 7.6
    University or other Tertiary Institutions 21 16.0
    Others 3 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 584 96.4
    Semi-detached, row or terrace house, townhouse 13 2.1
    Flat, unit or apartment 9 1.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 86 38.7
    Fully owned 78 35.1
    Rented 52 23.4
    Other tenure type 6 2.7
    Tenure Type
Census 2011, ABS
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