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Investment Property South Morang, VIC, 3752

Suburb Snapshot

South Morang is a suburb in the Whittlesea Region of Victoria. South Morang has a population of 24,060 people and 19.04% of its occupants live in rental accommodation. The median listing price for houses is $700,000 and this has changed 7.69% over the past year and changed 4.47% over 2 years.

The median rent in South Morang for houses is $550 per week and the median rental yield is 4.08%. Stock on the market for houses/townhouses has changed -14.29% compared to last year and the average time to sell a house/townhouse is 72 days.The median listing price for units is $430,000 and this has changed 6.17% over the past year. The average unit takes 37 days to sell and the median rent for a unit in South Morang is $470 per week, producing a rental yield of 5.68%.

Supply & Demand in South Morang, Whittlesea

0.89%

Current vacancy rate


84

Rental stock available


24,060

Population


19.04%

Rental population


1.12%

Current vacancy rate


1,064

Rental stock available


197,494

Population


22.25%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for South Morang, Whittlesea

  House Townhouses Units
Median listing price $700,000 $550,000 $430,000
Median price change - last quarter 0.00% 1.08% NA
Median price change - 1 year 7.69% 0.54% 6.17%
Median price change - 2 years 4.47% 5.26% 4.87%
  House Townhouses Units
Median weekly rent $550 $520 $470
Median yield % 4.08% 4.91% 5.68%
Median rent change - 1 year 10.00% 11.82% 17.50%
  House Units
Previous month sales 34 1
Stock on market previous month 90 7
Stock variance vs. last year -14.29% 40.00%
Average days on market 72 37

South Morang investment property listings

Showing 2 of 2 investment properties found in South Morang on realestateinvestar.com.au

6 Flying Fox Tce, South Morang

$750,000

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When Location is Everything

This appealing residence provides abundant accommodation and a desirable lifestyle within walking distance to Marymede College, Middle Gorge Train Station and ideal proximity to gorgeous parklands, Westfield Plenty Valley, The Lakes Shopping Centre and so much more. Beautifully balanced to enhance ...

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House

VIC 3752


9 Alain Ave, South Morang

$720,000

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Elevated Living with Seamless Flow & Function

Nestled within a quiet and well-established pocket of South Morang, this beautifully presented residence offers an elegant blend of comfort, functionality and relaxed family living. From the moment you arrive, the covered porch and welcoming entry create an inviting first impression, opening into ...

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House

VIC 3752


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