Property investors who have had real estate in Morisset, 2264 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.33%
While Morisset,2264 ranked number 629th in NSW for increase in median house value (annualised) increase, it is ranked 807th over the last 5 years.
Morisset2264 is located in NSW which offers an average discount of -5.49% to property investors. Morisset itself is showing figures that indicate -5.56% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Morisset being $452000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.37%
Investment property in Morisset has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.34%
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 1.54%, investors should hope to achieve an overall return of 5.18%