Giving property investors a a stable capital gain of 13.64% for the last year, Morningside, 4170 is the 879th highest performer in Australia in this respect.
Over the longer term, Morningside has seen property prices show investors a 29.56% return over the last 3 years. This is worse than over the last 12 months
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.10% offered to property buyers. Sellers in Morningside itself are offering an average vendor discount of -5.11% to real estate investors.
Morningside is 698th on a list of best yielding suburbs for rents in QLD with a 3.24% return
Over the last year, property investments in Morningside, 4170 have given investors a capital gain of -1.03%. This compares badly with the 0.66% for QLD as a whole.
Morningside,4170 was ranked 1246 in Australia by increase in median property value over the quarter.
Property buyers and investors in Morningside 4170 should be seeing an average reduction in asking price of around -5.82% . This means that Morningside is holding prices well when compared to other suburbs in QLD.
With the median price for a house in Morningside being $480000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 4.55%