MORPETH 2321
State: NSWPosiProp AI Investment Summary
MORPETH (NSW 2321) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.9% and has experienced a 12-month capital growth of Up 2.4%, with a median house buy price of $847,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$710,000
$773,425
$980,000
$847,500
Suburb Market Profile
Last month Morpeth had 4 properties available for rent and 7 properties for sale. Median property prices over the last year range from $847,500 for houses to $723,000 for units. If you are looking for an investment property, consider houses in Morpeth rent out for $650 PW with an annual rental yield of 3.9% and units rent for $558 PW with a rental yield of 3.8%. Morpeth has seen an annual compound growth rate of 2.4% for houses and 21.6% for units.