Property investors who have had real estate in Morisset Park, 2264 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.67%
Comparing Morisset Park,2264 ‘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 Morisset Park should be aiming for at least -6.80% off the asking price, which is the average vendor discount being achieved at the moment.
At number 2734 in a list of fastest selling suburbs, Morisset Park is in the bottom 30% of suburbs in Australia with an average of days on market 93.76 for properties listed there.
Advertised rents are around the $450 mark per week – giving a return of 3.66% based on the median price in Suburb