If you compare the increase in value of investment property in Mount Morgan, 4714 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -4.76%.
Over the longer term, Mount Morgan has seen property prices show investors a -28.57% return over the last 3 years. This is an improvement over the last 12 months
Property buyers and investors in Mount Morgan 4714 should be seeing an average reduction in asking price of around -18.33% . This means that Mount Morgan is holding prices well when compared to other suburbs in QLD.
Often selling an investment property can take time, and in Mount Morgan the average time real estate has been on the market is 147.78 days.
Using the current median advertised rental of $190 and the average annual increase in value of a median property of 0.33%, investors should hope to achieve an overall return of 9.88%