Market Indexes of South Morang
- $761,000 Median Asking Price
- $430 Median Rent
- 0.03% Rent Yield
- 325 Stock On Sale
- 0.85% Vacancy Rate
- 201 Average Supply
- 6304 Average Demand
- 31.34 Supply Demand Ratio
Demographics of South Morang
Dwelling Structure
| Separate house | 5390 |
|---|
| Semi-detached | 879 |
|---|
| Unit/apartment | 127 |
|---|
Occupied/unoccupied
| Occupied | 6396 |
|---|
| Unoccupied | 404 |
|---|
Persons
Tenure and Landlord Type
| Owned outright | 1146 |
|---|
| Owned with a mortgage | 3928 |
|---|
| Rented | 1149 |
|---|
| Public housing | 35 |
|---|
| Other | 138 |
|---|
Medians and Averages
| Median total household income | 1576 $/week |
|---|
| Median mortgage repayment | 2000 $/month |
|---|
| Median rent | 340 $/week |
|---|
| Average household size | 3.1 |
|---|
| Persons | 20873 |
|---|
| Total private dwellings | 6800 |
|---|
Supply Demand History in South Morang
| Month | Supply | Demand |
|---|
| 2015 Apr | 232 | 6409 |
| 2015 May | 239 | 5858 |
| 2015 Jun | 246 | 5402 |
| 2015 Jul | 227 | 5852 |
| 2015 Aug | 227 | 6273 |
| 2015 Sep | 232 | 6244 |
| 2015 Oct | 233 | 6264 |
| 2015 Nov | 227 | 5582 |
| 2015 Dec | 207 | 4113 |
| 2016 Jan | 199 | 5595 |
| 2016 Feb | 210 | 6229 |
| 2016 Mar | 201 | 6052 |
| 2016 Apr | 201 | 6641 |
More Properties Sold in South Morang
| Address | | Sold Date | Price |
|---|
| 72 Stagecoach Boulevard, South Morang VIC | 4 2 3 | 20 Apr 2024 | $851,000 |
| 6 Starling Street, South Morang VIC | 4 2 2 | 20 Apr 2024 | $907,000 |
| 9 Fitzgerald Drive, South Morang VIC | 4 2 2 | 20 Apr 2024 | $901,500 |
| 63 Bushmans Way, South Morang VIC | 5 2 2 | 20 Apr 2024 | $1,225,000 |
| 16 Kookaburra Walk, South Morang VIC | 3 2 4 | 19 Apr 2024 | $895,000 |
More Properties Rent in South Morang
Rent Yield in South Morang
| Beds | Average Price | Average Rent | Average Rent Yield% | Median Price | Median Rent | Median Rent Yield% | Listings |
|---|
| ALL |
| 1 | $300,000 | $377 | 6.53% | $300,000 | $380 | 6.59% | 4 |
| 2 | $469,318 | $455 | 5.04% | $487,500 | $460 | 4.91% | 51 |
| 3 | $626,728 | $512 | 4.25% | $599,900 | $510 | 4.42% | 112 |
| 4 | $861,306 | $597 | 3.60% | $780,000 | $580 | 3.87% | 76 |
| 5 | $1,577,500 | $816 | 2.69% | $1,322,500 | $700 | 2.75% | 7 |
| 6 | $7,800,000 | - | - | $7,800,000 | - | - | 1 |
| House |
| 2 | - | $489 | - | - | $480 | - | 5 |
| 3 | $641,429 | $516 | 4.18% | $612,500 | $505 | 4.29% | 48 |
| 4 | $881,333 | $609 | 3.59% | $854,000 | $580 | 3.53% | 39 |
| 5 | $1,538,333 | $816 | 2.76% | $950,000 | $700 | 3.83% | 6 |
| 6 | $7,800,000 | - | - | $7,800,000 | - | - | 1 |
| Townhouse |
| 2 | $492,167 | $466 | 4.92% | $489,500 | $468 | 4.97% | 14 |
| 3 | $576,125 | $496 | 4.48% | $567,500 | $515 | 4.72% | 16 |
| 4 | - | $550 | - | - | $550 | - | 2 |
| Unit/apmt |
| 1 | $300,000 | $350 | 6.07% | $300,000 | $350 | 6.07% | 2 |
| 2 | $352,500 | $425 | 6.27% | $352,500 | $420 | 6.20% | 6 |
| Other |
| 2 | $470,000 | - | - | $470,000 | - | - | 1 |
| Unknown |
| 1 | - | $390 | - | - | $390 | - | 2 |
| 2 | $476,692 | $443 | 4.83% | $499,000 | $460 | 4.79% | 25 |
| 3 | $638,435 | $512 | 4.17% | $600,000 | $500 | 4.33% | 48 |
| 4 | $848,658 | $582 | 3.57% | $775,000 | $575 | 3.86% | 35 |
| 5 | $1,695,000 | - | - | $1,695,000 | - | - | 1 |
Based on Australian Bureau of Statistics data
