Morphettville, 5043 ranked 336th in SA when comparing growth in median property values or capital gain over the last 12 months. Morphettville is one of 853 in our list for SA
Morphettville5043 is located in SA which offers an average discount of -6.34% to property investors. Morphettville itself is showing figures that indicate -3.28% is the average achievable by property buyers investing in the suburb.
At number 2515 in a list of fastest selling suburbs, Morphettville is in the bottom 40% of suburbs in Australia with an average of days on market 93.4 for properties listed there.
Advertised rents are around the $400 mark per week – giving a return of 4.32% based on the median price in Suburb
SA has seen average median house prices change by 3.97% which means that Morphettville, 5043 has done well for property investors by showing a capital gain of -2.94% over the last year
If we look at median property appreciation over just the last three months, Morphettville has given property investors a paper return of 6.45%. This puts Suburb as 33 on a list of fastest fasting appreciating suburbs in SA
Property buyers and investors in Morphettville 5043 should be seeing an average reduction in asking price of around -5.52% . This means that Morphettville is holding prices well when compared to other suburbs in SA.
With the median price for a house in Morphettville being $330000 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 4.88%