At number 1836th in the list of Australian suburbs ordered by increase in median house value over the last year, Morayfield, 4506 is in the top half with a property value increase of 14.03% recorded in median house prices.
Over the longer term, Morayfield has seen property prices show investors a 15.63% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Morayfield should be aiming for at least -3.52% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Morayfield the average time real estate has been on the market is 44.8363 days.
Renters in Suburb are facing rents around $18200 per annum or $350 every week.
Giving property investors a a solid capital gain of 20.00% for the last year, Morayfield, 4506 is the 205th highest performer in Australia in this respect.
While Morayfield,4506 ranked number 66th in QLD for increase in median house value (annualised) increase, it is ranked 114th over the last 5 years.
Property investors looking for a bargain in Morayfield should be aiming for at least -2.88% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Morayfield have been waiting around 69.9655 days to sell a property.
With the median price for a house in Morayfield being $270000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 6.36%