Investment property in Morningside has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.88%
Taking the average capital gain, or increase in median house value, Morningside,4170 has racked up an average of -1.88% over the period. This ranks it number 1776th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Morningside 4170 should be seeing an average reduction in asking price of around -5.04% . This means that Morningside is holding prices well when compared to other suburbs in QLD.
Property investors should expect to get $480 weekly from the median priced house in this suburb.
QLD has seen average median house prices change by 1.47% which means that Morningside, 4170 has done well for property investors by showing a capital gain of 0.26% over the last year
Morningside,4170 has offered an average of 0.26% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Morningside is offering property investors an average of -5.70. This rate of discount on properties puts Suburb at number 239th in terms of most discounted suburbs in QLD
In the last year 193 properties changed hands in Morningside, which puts it as the 36th most active market in QLD when comparing the number of sales per suburb.
Situated 4.32km from the CBD, Morningside is one of Brisbane localities in the postcode 4170.