Investment property in Murdoch has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.82%
Taking the average capital gain, or increase in median house value, Murdoch,6150 has racked up an average of -2.82% over the period. This ranks it number 3500th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Murdoch should be aiming for at least -7.28% off the asking price, which is the average vendor discount being achieved at the moment.
At number 773 in a list of fastest selling suburbs, Murdoch is in the TOP 30% of suburbs in Australia with an average of days on market 60.8 for properties listed there.
Murdoch, 6150’s gross rental yield is 3.18%