With a capital gain of 9.67% for the last 12 months, Morpeth, 2321 has performed for property investments than its average annual 6.14% property growth over the last 5 years.
Across a shorter period, Morpeth, 2321 has seen a median price increase of -0.22% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Morpeth is offering property investors an average of -5.35. This rate of discount on properties puts Suburb at number 562th in terms of most discounted suburbs in NSW
Advertised rents are around the $380 mark per week – giving a return of 3.96% based on the median price in Suburb