Suburb Profile Report for Morpeth NSW (2321)

Morpeth House: Median price $520,000, Annual capital growth 6.51%, Number of sales 27, Weekly median advertised rent $363

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Giving property investors a a solid capital gain of 16.85% for the last year, Morpeth, 2321 is the 371th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Morpeth has given property investors a paper return of 9.70%. This puts Suburb as 59 on a list of fastest fasting appreciating suburbs in NSW

Morpeth2321 is located in NSW which offers an average discount of -5.53% to property investors. Morpeth itself is showing figures that indicate -3.78% is the average achievable by property buyers investing in the suburb.

Advertised rents are around the $362.5 mark per week – giving a return of 3.62% based on the median price in Suburb

HOUSE UNIT
$520,000 N/A
9.70% N/A
16.85% N/A
6.51% N/A
$363 N/A
27 N/A
3.63% N/A
96.53 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 1261
Median household income ($/weekly) 1184
Median age of persons 41
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 147 11.7
    25-34 years 135 10.7
    35-44 years 181 14.4
    45-54 years 181 14.4
    55-64 years 176 14.0
    Others 441 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 460 49.8
    Not Married 383 41.5
    Defacto Relationship 81 8.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1093 92.5
    Italy 6 0.5
    Papua New Guinea 19 1.6
    United Kingdom 43 3.6
    United States of America 4 0.3
    Others 16 1.4
    Country of Birth
    Census Count Percent(%)
    Christianity 936 80.3
    No Religion 216 18.5
    Buddhism 8 0.7
    Other Religious Groups 5 0.4
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 46 10.9
    $600-$799 44 10.4
    $800-$999 38 9.0
    $1,000-$1,249 40 9.5
    $1,500-$1,999 53 12.5
    Others 202 47.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 366 38.2
    Not in the labour force 341 35.6
    Employed, worked part-time 195 20.3
    Employed, away from work 35 3.6
    Unemployed, looking for work 22 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 68 11.4
    Professionals 134 22.6
    Technicians & trades workers 105 17.7
    Clerical & administrative workers 63 10.6
    Machinery operators & drivers 65 10.9
    Others 159 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 22 8.0
    Infants/Primary 112 40.6
    Secondary 62 22.5
    Technical or Further Educational Institution 34 12.3
    University or other Tertiary Institutions 40 14.5
    Others 6 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1029 88.5
    Semi-detached, row or terrace house, townhouse 68 5.8
    Flat, unit or apartment 36 3.1
    House or flat attached to a shop, office 30 2.6
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 182 38.7
    Being purchased 177 37.7
    Rented 100 21.3
    Other tenure type 11 2.3
    Tenure Type
Census 2011, ABS
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