NSW has seen average median house prices change by -4.21% which means that Morisset, 2264 has not done well for property investors by showing a capital gain of -3.81% over the last year
The five-year average increase in median property values for Morisset,2264 has given property investors a potential capital gain of 21.36% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Morisset, 2264. Typically our figures indicate that -5.99% is being offered, which puts this NSW suburb at 2081th most discounted overall in Australia.
Using the current median advertised rental of $395 and the average annual increase in value of a median property of 5.93%, investors should hope to achieve an overall return of 3.97%
Morisset has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of -4.52% to date .
If we look at median property appreciation over just the last three months, Morisset has given property investors a paper return of -1.60%. This puts Suburb as 288 on a list of fastest fasting appreciating suburbs in NSW
Advertised rents are around the $380 mark per week – giving a return of 5.34% based on the median price in Suburb