Morisset has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 2.27% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Morisset has increased when compared to the 5 year average annual rate.
Vendor discounting in Morisset is giving property investors an average Vendor Discount of around -5.08%. This puts suburb at number 619th in NSW when ranking the most discounted suburbs.
Morisset, 2264’s gross rental yield is 4.39%
If you compare the increase in value of investment property in Morisset, 2264 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -0.80%.
Over the longer term, Morisset has seen property prices show investors a 13.18% return over the last 3 years. This is worse than over the last 12 months
A $370 per week rent on the median house gives suburb investors a gross yield of circa 5.15%, without taking into account capital value appreciation, which has been averaging out at 4.28%.