Morisset has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 5.68% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Morisset comes in at number 1063th in NSW.
Morisset, 2264 is offering NSW ‘s 206th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.
In the last year 47 properties changed hands in Morisset, which puts it as the 702th most active market in NSW when comparing the number of sales per suburb.
A $385 per week rent on the median house gives suburb investors a gross yield of circa 4.31%, without taking into account capital value appreciation, which has been averaging out at 5.12%.
Property value increases in Morisset have tracked just lower than the NSW average of 7.74% over the last 12 months.
Across a shorter period, Morisset, 2264 has seen a median price increase of 0.47% over the last quarter.
The NSW suburb of Morisset, 2264 is in the Lake Macquarie local government area.