Suburb Profile Report for Morisset NSW (2264)

Morisset House: Median price $536,250, Annual capital growth 5.11%, Number of sales 35, Weekly median advertised rent $395

Morisset Unit: Median price $380,000, Annual capital growth 3.38%, Number of sales 15, Weekly median advertised rent $370

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

Giving property investors a a solid capital gain of 11.72% for the last year, Morisset, 2264 is the 788th highest performer in Australia in this respect.

Comparing Morisset,2264 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.18% offered to property buyers. Sellers in Morisset itself are offering an average vendor discount of -4.60% to real estate investors.

Morisset is 407th on a list of best yielding suburbs for rents in NSW with a 3.83% return

Morisset has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 2.70% to date .

While Morisset,2264 ranked number 90th in NSW for increase in median house value (annualised) increase, it is ranked 458th over the last 5 years.

The most recent median price for Morisset is $380000, with sellers offering an average of -5.56% off the asking price.

Advertised rents are around the $370 mark per week – giving a return of 5.06% based on the median price in Suburb

Metrics i HOUSE UNIT
$536,250 $380,000
-1.61% 2.98%
11.72% 2.70%
5.11% 3.38%
$395 $370
35 15
3.83% 5.06%
94.19 73.3

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2856
Median household income ($/weekly) 621
Median age of persons 55
Median housing loan repayment ($/monthly) 1647
Average household size 2
  • Census Count Percent(%)
    35-44 years 244 8.5
    45-54 years 338 11.8
    55-64 years 351 12.3
    65-74 years 408 14.3
    75-84 years 486 17.0
    Others 1030 36.1
    Age Group
    Census Count Percent(%)
    Not Married 1016 49.3
    Registered Married 930 45.1
    Defacto Relationship 114 5.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2350 85.9
    New Zealand 26 1.0
    Papua New Guinea 42 1.5
    United Kingdom 160 5.8
    Other 43 1.6
    Others 115 4.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 10 0.4
    Christianity 2041 79.1
    Hinduism 6 0.2
    Islam 10 0.4
    No Religion 504 19.5
    Others 9 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 161 15.1
    $400-$599 254 23.8
    $600-$799 146 13.7
    $800-$999 108 10.1
    $1,500-$1,999 70 6.6
    Others 329 30.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1619 66.7
    Employed, worked full-time 413 17.0
    Employed, worked part-time 265 10.9
    Unemployed, looking for work 77 3.2
    Employed, away from work 53 2.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 114 15.7
    Technicians & trades workers 119 16.3
    Community & personal service workers 84 11.5
    Clerical & administrative workers 102 14.0
    Labourers 84 11.5
    Others 225 30.9
    Occupation
    Census Count Percent(%)
    Pre-school 22 5.0
    Infants/Primary 159 36.4
    Secondary 127 29.1
    Technical or Further Educational Institution 62 14.2
    University or other Tertiary Institutions 59 13.5
    Others 8 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1965 80.3
    Semi-detached, row or terrace house, townhouse 368 15.0
    Caravan, cabin, houseboat 79 3.2
    Flat, unit or apartment 34 1.4
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 629 54.9
    Rented 264 23.0
    Being purchased 194 16.9
    Other tenure type 59 5.1
    Tenure Type
Census 2011, ABS
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