If you compare the increase in value of investment property in Morpeth, 2321 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 13.63%.
Taking the average capital gain, or increase in median house value, Morpeth,2321 has racked up an average of 13.63% over the period. This ranks it number 2177th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Morpeth are currently offering property investors an average price cut of -5.05% below the asking price at the moment.
On average over the past year, suburb has had 2.58 sales per month, which equates to 31 per year.
Morpeth, 2321’s gross rental yield is 3.86%