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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

10/374 Gordons Rd, South Morang

$580,000

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Modern Comfort in Convenient Location

Sale By Set Date: Tuesday 14th October at 6:00pm (unless sold prior) Offering a modern lifestyle in the heart of South Morang with exceptional convenience, this home is just a short distance from Coles Shopping Complex, The Lakes South Morang College, and childcare centers. It is also in close ...

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Unit

VIC 3752


22 Goshawk Pde, South Morang

$650,000

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Ideal Family Living in Elite Locale

Delivering on a modern and low maintenance lifestyle, this immaculately presented home is located in the highly sought after pocket in South Morang within walking distance to Marymede College, Middle Gorge Train Station and bus services. Ideal proximity to Westfield Plenty Valley, The Lakes ...

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House

VIC 3752


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