At number 868th in the list of Australian suburbs ordered by increase in median house value over the last year, Morisset, 2264 is in the top 30% with a property value increase of 15.65% recorded in median house prices.
While Morisset,2264 ranked number 109th in NSW for increase in median house value (annualised) increase, it is ranked 735th over the last 5 years.
Morisset, 2264 is offering NSW ‘s 90th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 3.87%, without taking into account capital value appreciation, which has been averaging out at 5.68%.
Property value increases in Morisset have tracked lower than the NSW average of 8.39% over the last 12 months.
Taking the average capital gain, or increase in median house value, Morisset,2264 has racked up an average of 0.40% over the period. This ranks it number 1190th in the whole country for real estate investors looking at median house price increases.
Morisset is 70th on a list of best yielding suburbs for rents in NSW with a 5.17% return