QLD has seen average median house prices change by 2.63% which means that Mount Morgan, 4714 has done well for property investors by showing a capital gain of -2.38% over the last year
Mount Morgan,4714 was ranked 3387 in Australia by increase in median property value over the quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.63% offered to property buyers. Sellers in Mount Morgan itself are offering an average vendor discount of -18.87% to real estate investors.
With the median price for a house in Mount Morgan being $102500 and the advertised rent reaching $192.5 the gross rental yield for property investors calculates out to be 9.77%