Morton is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2538). With a population of 225, the suburb has a mature demographic with a median age of 45. Households earn a median income of $80K per year, with an average household size of 2.9 people. The most common occupations are managers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Morton is $1.8 million, having surged 45.8% over the past year. The current median weekly rent is $530. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $1,453.
Public transport access includes 14 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Morton offers a gross rental yield of 1.6%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 21.8x is considered stretched. House prices have moved +45.8% year-on-year.
Morton is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2538). With a population of 225, the suburb has a mature demographic with a median age of 45. Households earn a median income of $80K per year, with an average household size of 2.9 people. The most common occupations are managers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Morton is $1.8 million, having surged 45.8% over the past year. The current median weekly rent is $530. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $1,453.
Public transport access includes 14 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Morton offers a gross rental yield of 1.6%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 21.8x is considered stretched. House prices have moved +45.8% year-on-year.