Morphettville, 5043 ranked 280th 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
Across a shorter period, Morphettville, 5043 has seen a median price increase of 0.00% over the last quarter.
Morphettville5043 is located in SA which offers an average discount of -6.54% to property investors. Morphettville itself is showing figures that indicate -3.98% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $380 mark per week – giving a return of 4.06% based on the median price in Suburb
Morphettville has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -3.23% to date .
Comparing Morphettville,5043 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Morphettville should be aiming for at least -4.70% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $300 and the average annual increase in value of a median property of 4.35%, investors should hope to achieve an overall return of 4.73%