Morphettville has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -1.84% to date .
The five-year average increase in median property values for Morphettville,5043 has given property investors a potential capital gain of 12.25% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Morphettville, 5043. Typically our figures indicate that -3.70% is being offered, which puts this SA suburb at 3264th most discounted overall in Australia.
Morphettville is 237th on a list of best yielding suburbs for rents in SA with a 4.11% return
With a capital gain of -2.94% for the last 12 months, Morphettville, 5043 has performed for property investments than its average annual 4.72% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Morphettville has increased when compared to the 5 year average annual rate.
Morphettville5043 is located in SA which offers an average discount of -6.37% to property investors. Morphettville itself is showing figures that indicate -6.41% is the average achievable by property buyers investing in the suburb.
A $310 per week rent on the median house gives suburb investors a gross yield of circa 4.88%, without taking into account capital value appreciation, which has been averaging out at 4.72%.