Property value increases in Morayfield have tracked close to the QLD average of 2.22% over the last 12 months.
The five-year average increase in median property values for Morayfield,4506 has given property investors a potential capital gain of 4.24% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Morayfield is offering property investors an average of -7.23. This rate of discount on properties puts Suburb at number 719th in terms of most discounted suburbs in QLD
In the last year 389 properties changed hands in Morayfield, which puts it as the 8th most active market in QLD when comparing the number of sales per suburb.
Morayfield, 4506 ranked 173th in QLD when comparing growth in median property values or capital gain over the last 12 months. Morayfield is one of 2415 in our list for QLD
Taking the average capital gain, or increase in median house value, Morayfield,4506 has racked up an average of 1.64% over the period. This ranks it number 1406th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Morayfield is $279500, with sellers offering an average of -7.78% off the asking price.
Situated 25.13km from the CBD, Morayfield is one of Moreton Bay localities in the postcode 4506.