Investment property in Morisset has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.78%
Across a shorter period, Morisset, 2264 has seen a median price increase of 0.00% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Morisset is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 626th in terms of most discounted suburbs in NSW
With the median price for a house in Morisset being $450000 and the advertised rent reaching $382.5 the gross rental yield for property investors calculates out to be 4.42%
Morisset, 2264 ranked 461th in NSW when comparing growth in median property values or capital gain over the last 12 months. Morisset is one of 3163 in our list for NSW
If we look at median property appreciation over just the last three months, Morisset has given property investors a paper return of -0.94%. This puts Suburb as 438 on a list of fastest fasting appreciating suburbs in NSW
Morisset is 74th on a list of best yielding suburbs for rents in NSW with a 5.20% return