At number 2366th in the list of Australian suburbs ordered by increase in median house value over the last year, Morayfield, 4506 is in the BOTTOM 50% with a property value increase of 3.15% recorded in median house prices.
The five-year average increase in median property values for Morayfield,4506 has given property investors a potential capital gain of 8.38% across each of those five years.
The most recent median price for Morayfield is $352250, with sellers offering an average of -4.41% off the asking price.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 5.17%, without taking into account capital value appreciation, which has been averaging out at 2.73%.
Property value increases in Morayfield have tracked higher than the QLD average of 0.98% over the last 12 months.
While Morayfield,4506 ranked number 155th in QLD for increase in median house value (annualised) increase, it is ranked 245th over the last 5 years.
Property buyers and investors in Morayfield 4506 should be seeing an average reduction in asking price of around -5.29% . This means that Morayfield is holding prices well when compared to other suburbs in QLD.
On average over the past year, suburb has had 8.00 sales per month, which equates to 96 per year.
Renters in Suburb are facing rents around $3720 per annum or $310 every week.