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