Morpeth has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.28% to date .
If we look at median property appreciation over just the last three months, Morpeth has given property investors a paper return of -3.29%. This puts Suburb as 1261 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Morpeth should be aiming for at least -5.49% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 2.92 sales per month, which equates to 35 per year.