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Real Estate Appraisal South Morang VIC 3752

How much is my home worth in South Morang?

<p>The median price for a house in South Morang is $765,000 as of February 9, 2023. The median price for a unit is $506,875.</p><p>There have been 325 houses sold and 73 units sold in the last year. The average annual capital growth for houses is 5.08% and for units, it is 5.56%.</p><p>The 12-month capital growth is 6.84% on houses and for units, it is 10.45%.</p><p>The Demand to Supply Ratio or DSR rating has homes as good and units above average. Buyers are making reasonable offers, and sellers are not panicking.</p><p>For investors, this is a favourable market. Demand is outpacing supply, but not by much. Buyers seldom get away with making low-ball bids. Sellers almost always receive the pricing they demand. Growth will likely outpace the national average. It takes on average 26 days to sell a house and 29 days to sell a unit in South Morang.</p><p></p><p><b>House prices and rent returns in South Morang.</b></p><ul><li>2 bedroom home $579,694, Rent per week $380</li><li>3 bedroom home $670,000 Rent per week $420</li><li>4 bedroom home $830,000, Rent per week $480</li></ul><p><b>Unit prices and rent returns in South Morang.</b></p><ul><li>2 bedroom home $487,500, Rent per week $355</li><li>3 bedroom home $576,750, Rent per week $400</li></ul><p>The South Morang gross rental yield for houses is 3.05% and for units, it is 4.03%.</p>

Free Real Estate Appraisal South Morang

Selling your house in South Morang? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location of amenities, schools and shops. Our agents will provide this valuation free of charge.

Free Rental Appraisal South Morang

Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 34,000 properties in Australia. Our focus is to maintain and care for your property so you can realise the maximum return on your investment. We use the latest software tools to organise our services and we provide full digital tax accounting files. We work closely with the landlord and report regularly on their property. We have a large database of potential tenants that we screen for security reasons.

Property Valuation South Morang

The majority of people believe a property appraisal and a property valuation are the same. In part, this is true. However, if you need a valuation for legal purposes, you need to engage the services of a licenced property valuer. A valuation from a certified property valuer will cost you money. Or, if you just want to know how much your home is worth, then any registered real estate agent can give you a good understanding of what price you could get for your property, both for sales and rent.

If you want to know the value of your South Morang home, request an appraisal today to speak to one of our experienced Property Consultants or Property Managers.

How do we appraise a property in South Morang?

<ul><li>Recent property sales history in the South Morang district</li><li>Location and the proximity to amenities</li><li>Accessibility of schools and shops</li><li>Comparison of market values</li><li>Condition and size of the property</li></ul>

Want to know what your South Morang home is worth?

Recently Sold Properties in South Morang

<p><a href="https://www.barryplant.com.au/sold-properties/?status=sold&amp;property_class=residential&amp;listing_type=sale&amp;search_view=location&amp;save_search=false&amp;advanced=false&amp;address_suburb=SOUTH%20MORANG&amp;order_by=-created">View all sold properties in South Morang</a></p>

Lifestyle in South Morang

<p>South Morang is a Melbourne suburb located 21 kilometres north-east of Melbourne&#x27;s central business area. The City of Whittlesea is its local government area. South Morang has a population of 24,060 people according to the 2016 Census. Neighbouring suburbs include Mill Park, <a href="/real-estate-appraisal-epping-vic-3076/">Epping</a> and Mernda.</p><p>South Morang has two major parks that are Granite Hills Park and Quarry Hills Park. There is also Eagle Lookout observation deck that offers expansive views. In South Morang, you will also find Plenty Ranges Arts and Convention Centre.</p><p>For public transport, you can hop on board the train at South Morang which runs on the Mernda line. There is a Coles outlet situated on The Lakes Boulevarde.</p>

Schools in South Morang

<p>There are 6 schools in South Morang.</p><ul><li><a href="http://www.thelakes.edu.au/">The Lakes South Morang College-Primary Campus</a></li><li><a href="https://www.morangsouthps.vic.edu.au/">Morang South Primary School</a></li><li><a href="http://www.thelakes.edu.au/">The Lakes South Morang College - Senior Campus</a></li><li><a href="http://www.merriangsds.vic.edu.au/">Merriang Special Developmental School - Junior Campus</a></li><li><a href="http://smdeafws.catholic.edu.au/campuses/south-morang-campus">St Mary’s College for the Deaf – South Morang Campus</a></li><li><a href="http://www.marymede.vic.edu.au/">Marymede Catholic College</a></li></ul>

South Morang Real Estate Agent Contact Details

<p>Office: <a href="/offices/mill-park-south-morang/">Mill Park - South Morang</a><br/>Phone: <a href="tel:03 9111 1707">03 9111 1707</a></p>

Featured suburbs

Epping

VIC 3076

Epping is located about 20 km north of Melbourne's CBD

View Suburb Profiles in the City of Whittlesea