Located partway between Sydney and Newcastle, Morisset is an emerging centre in the Sydney-to-Newcastle Corridor. Compared with most other suburbs on the Central Coast, investors are still able to enjoy a very competitive and affordable house and land package in Morisset. With all the established existing facilities of railway station, schools, large major supermarkets, shops, medical and dental centres, restaurants, cafes and golf club, etc, Morisset is simply a hidden treasure
for property investors to discover and appreciate. And with NSW Government Central Coast Regional Plan as a backdrop, Morisset is ready to take-off to embrace a prosperous future.
- Over the past 18 months, Morisset’s average house price rose from $290k to $448k as a result of new developments in the area. Quarterly growth for twelve months to April 2016 is 4.58%.Source: CoreLogic PR Data.
- With prices as low as $499,000 for a 4-bedroom home, High Vista Estate offers a great opportunity for investors at all levels.
- Rental Appraisal provided by local real agents estimate a weekly rental of $450-$480 for a new 4-bedroom house. Projected potential returns for properties in the High Vista development are expected to range from 4.85% to 6.4%, depending upon the property and the dwelling selected. This will most likely cover the expense of bank interest even if you are a 100% borrower, based on today’s (July 2016) interest rates, and before any potential tax benefit.