Investment property in Morningside has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.61%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Morningside has increased when compared to the 5 year average annual rate.
Vendor discounting in Morningside is giving property investors an average Vendor Discount of around -4.78%. This puts suburb at number 685th in QLD when ranking the most discounted suburbs.
Residents and property investors in Morningside have been waiting around 66.25 days to sell a property.
Renters in Suburb are facing rents around $5880 per annum or $490 every week.
With a capital gain of -1.31% for the last 12 months, Morningside, 4170 has performed for property investments than its average annual 3.50% property growth over the last 5 years.
A 14.94% growth in median value for property investors in Morningside,4170 puts this suburb at number 123th in terms of best performing suburbs in QLD
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Morningside, 4170. Typically our figures indicate that -6.21% is being offered, which puts this QLD suburb at 436th most discounted overall in Australia.
Residents and property investors in Morningside have been waiting around 61.56 days to sell a property.