Morayfield has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of 1.00% to date .
Comparing Morayfield,4506 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.84% offered to property buyers. Sellers in Morayfield itself are offering an average vendor discount of -4.47% to real estate investors.
On average over the past year, suburb has had 36.50 sales per month, which equates to 438 per year.
Morayfield, 4506’s gross rental yield is 5.22%
At number 853th in the list of Australian suburbs ordered by increase in median house value over the last year, Morayfield, 4506 is in the top half with a property value increase of 4.23% 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 9.78% across each of those five years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.93% offered to property buyers. Sellers in Morayfield itself are offering an average vendor discount of -6.42% to real estate investors.
At number 1270 in a list of fastest selling suburbs, Morayfield is in the bottom 20% of suburbs in Australia with an average of days on market 110.61 for properties listed there.
Property investors should expect to get $315 weekly from the median priced house in this suburb.