Morayfield has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 2.94% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Morayfield comes in at number 407th in QLD.
Property investors looking for a bargain in Morayfield should be aiming for at least -4.33% off the asking price, which is the average vendor discount being achieved at the moment.
The QLD suburb of Morayfield, 4506 is in the Moreton Bay local government area.
At number 1134th in the list of Australian suburbs ordered by increase in median house value over the last year, Morayfield, 4506 is in the BOTTOM 40% with a property value increase of -0.09% recorded in median house prices.
Comparing Morayfield,4506 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Property buyers and investors in Morayfield 4506 should be seeing an average reduction in asking price of around -7.14% . This means that Morayfield is holding prices well when compared to other suburbs in QLD.
Advertised rents are around the $310 mark per week – giving a return of 5.87% based on the median price in Suburb