South Morang VIC 3752

Here you can find what you need to know about South Morang, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$775K Median Sale Price (National Average $485k) 354th In VIC
6.16% Median Sale Price Change (1yr) (National Average 4.30%) 104th In VIC
$550pw Median Rent (National Average $395) 312th In VIC
3.7% Median Gross Yield (National Average 4.24%) 254th In VIC
Properties sold 303
Average discounting -2.19%
Average Days on Market 44
Stock on Market 182 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

South Morang, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

South Morang, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

South Morang, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in South Morang


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State Auction Clearance Rates


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Local Schools


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Suburb Information

South Morang, VIC 3752

Part of: Whittlesea Council No data available

The size of South Morang is approximately 21 square kilometres. It has 70 parks covering nearly 37.1% of total area. The population of South Morang in 2011 was 20,873 people. By 2016 the population was 24,043 showing a population growth of 15.2% in the area during that time. The predominant age group in South Morang is 30-39 years. Households in South Morang are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Morang work in a professional occupation. In 2011, 79.3% of the homes in South Morang were owner-occupied compared with 76.9% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in South Morang

Demographic data provided
by Australian Bureau of Statistics


Market Trends for South Morang   for Houses in last 12 months


There have been 303 Houses sold in South Morang in the past 12 months with a median sale price of $775K, up 6.2% annually. It takes on average 31 days to sell with vendor discounting of -2.2%.

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Mill Park VIC, 3082 3.21% $787,500 $510pw 3.4% View Suburb Profile
Doreen VIC, 3754 3.09% $750,000 $540pw 3.7% View Suburb Profile
South Murwillumbah NSW, 2484 9.40% $640,000 $650pw 5.3% View Suburb Profile
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