Over the last year, property investments in Morphettville, 5043 have given investors a capital gain of 3.38%. This compares averagely with the 3.97% for SA as a whole.
Morphettville,5043 has offered an average of 3.38% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Morphettville should be aiming for at least -2.91% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.
If you compare the increase in value of investment property in Morphettville, 5043 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this SA suburb was 37.10%.
The five-year average increase in median property values for Morphettville,5043 has given property investors a potential capital gain of 39.34% across each of those five years.
Vendor discounting in Morphettville is giving property investors an average Vendor Discount of around -4.37%. This puts suburb at number 128th in SA when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Morphettville the average time real estate has been on the market is 69.36 days.
Advertised rents are around the $322.5 mark per week – giving a return of 3.95% based on the median price in Suburb