With a capital gain of 18.41% for the last 12 months, Mount Morgan, 4714 has performed for property investments than its average annual 5.33% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Morgan has increased when compared to the 5 year average annual rate.
The most recent median price for Mount Morgan is $125000, with sellers offering an average of -4.01% off the asking price.
On average over the past year, suburb has had 7.00 sales per month, which equates to 84 per year.
With the median price for a house in Mount Morgan being $125000 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 4.19%