Investment property in Morayfield has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.11%
While Morayfield,4506 ranked number 584th in QLD for increase in median house value (annualised) increase, it is ranked 478th over the last 5 years.
At number 711th of QLD’s most discounted properties, Morayfield is in the TOP 20% of the state/territory when listing in order of most discounted to least.
If you compare the increase in value of investment property in Morayfield, 4506 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -1.60%.
Morayfield,4506 was ranked 1298 in Australia by increase in median property value over the quarter.
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 Morayfield, 4506. Typically our figures indicate that -7.36% is being offered, which puts this QLD suburb at 232th most discounted overall in Australia.
Residents and property investors in Morayfield have been waiting around 112.69 days to sell a property.
A $310 per week rent on the median house gives suburb investors a gross yield of circa 5.51%, without taking into account capital value appreciation, which has been averaging out at 2.40%.