With a capital gain of -4.22% for the last 12 months, Murdoch, 6150 has performed for property investments than its average annual 2.06% property growth over the last 5 years.
Murdoch,6150 was ranked 289 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Murdoch are currently offering property investors an average price cut of -6.32% below the asking price at the moment.
On average over the past year, suburb has had 1.50 sales per month, which equates to 18 per year.
With the median price for a house in Murdoch being $721250 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.03%