Suburb Profile Report for Morisset Park NSW (2264)

Morisset Park House: Median price $615,000, Annual capital growth 6.16%, Number of sales 15, Weekly median advertised rent $470

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Over the last year, property investments in Morisset Park, 2264 have given investors a capital gain of -8.21%. This compares badly with the -4.21% for NSW as a whole.

The five-year average increase in median property values for Morisset Park,2264 has given property investors a potential capital gain of 35.16% across each of those five years.

Using the current median advertised rental of $470 and the average annual increase in value of a median property of 6.16%, investors should hope to achieve an overall return of 3.97%

Metrics i HOUSE UNIT
$615,000 N/A
-5.38% N/A
-8.21% N/A
6.16% N/A
$470 N/A
15 N/A
3.97% N/A
90.6153846153846 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Below average (U)
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Demographics
Total population 617
Median household income ($/weekly) 1346
Median age of persons 42
Median housing loan repayment ($/monthly) 1800
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 75 12.1
    35-44 years 66 10.7
    45-54 years 82 13.3
    55-64 years 107 17.3
    65-74 years 81 13.1
    Others 207 33.5
    Age Group
    Census Count Percent(%)
    Registered Married 270 59.0
    Not Married 151 33.0
    Defacto Relationship 37 8.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 506 84.5
    Papua New Guinea 10 1.7
    South Africa 19 3.2
    United Kingdom 26 4.3
    Other 13 2.2
    Others 25 4.2
    Country of Birth
    Census Count Percent(%)
    Christianity 439 75.3
    No Religion 132 22.6
    Buddhism 9 1.5
    Islam 3 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 21 10.1
    $1,250-$1,499 23 11.1
    $1,500-$1,999 23 11.1
    $2,000-$2,499 17 8.2
    $2,500-$2,999 19 9.2
    Others 104 50.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 181 37.5
    Not in the labour force 168 34.8
    Employed, worked part-time 94 19.5
    Employed, away from work 23 4.8
    Unemployed, looking for work 17 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 38 12.8
    Professionals 69 23.2
    Technicians & trades workers 40 13.5
    Clerical & administrative workers 49 16.5
    Sales 30 10.1
    Others 71 23.9
    Occupation
    Census Count Percent(%)
    Pre-school 16 12.2
    Infants/Primary 42 32.1
    Secondary 39 29.8
    Technical or Further Educational Institution 10 7.6
    University or other Tertiary Institutions 21 16.0
    Others 3 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 584 96.4
    Semi-detached, row or terrace house, townhouse 13 2.1
    Flat, unit or apartment 9 1.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 86 38.7
    Fully owned 78 35.1
    Rented 52 23.4
    Other tenure type 6 2.7
    Tenure Type
Census 2011, ABS
Chart Table