Suburb Profile Report for Morningside QLD (4170)

Morningside House: Median price $761,500, Annual capital growth 6.20%, Number of sales 151, Weekly median advertised rent $490

Morningside Unit: Median price $487,000, Annual capital growth 3.45%, Number of sales 203, Weekly median advertised rent $420

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Morningside, 4170 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.79%

While Morningside,4170 ranked number 305th in QLD for increase in median house value (annualised) increase, it is ranked 84th over the last 5 years.

Morningside4170 is located in QLD which offers an average discount of -7.24% to property investors. Morningside itself is showing figures that indicate -5.39% is the average achievable by property buyers investing in the suburb.

In the last year 151 properties changed hands in Morningside, which puts it as the 119th most active market in QLD when comparing the number of sales per suburb.

Property investors should expect to get $490 weekly from the median priced house in this suburb.

Property value increases in Morningside have tracked just lower than the QLD average of 0.65% over the last 12 months.

The five-year average increase in median property values for Morningside,4170 has given property investors a potential capital gain of 13.39% across each of those five years.

Vendor discounting in Morningside is giving property investors an average Vendor Discount of around -6.54%. This puts suburb at number 106th in QLD when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Morningside the average time real estate has been on the market is 68.02 days.

Morningside is 310th on a list of best yielding suburbs for rents in QLD with a 4.48% return

Metrics i HOUSE UNIT
$761,500 $487,000
1.33% 0.93%
8.79% -1.62%
6.20% 3.45%
$490 $420
151 203
3.35% 4.48%
77.81 68.02

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 9399
Median household income ($/weekly) 1696
Median age of persons 32
Median housing loan repayment ($/monthly) 2167
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 781 8.3
    20-24 years 998 10.6
    25-34 years 2482 26.4
    35-44 years 1606 17.1
    45-54 years 1029 10.9
    Others 2503 26.6
    Age Group
    Census Count Percent(%)
    Not Married 3685 50.0
    Registered Married 2522 34.3
    Defacto Relationship 1156 15.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 6702 74.7
    Indonesia 134 1.5
    Papua New Guinea 451 5.0
    United Kingdom 465 5.2
    Other 369 4.1
    Others 847 9.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 191 2.2
    Christianity 5519 64.2
    Hinduism 100 1.2
    Other Religious Groups 102 1.2
    No Religion 2618 30.4
    Others 68 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 277 7.7
    $1,250-$1,499 292 8.1
    $1,500-$1,999 484 13.5
    $2,000-$2,499 394 11.0
    $2,500-$2,999 469 13.0
    Others 1680 46.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4194 54.8
    Not in the labour force 1591 20.8
    Employed, worked part-time 1348 17.6
    Employed, away from work 276 3.6
    Unemployed, looking for work 239 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 769 13.2
    Professionals 1746 30.0
    Technicians & trades workers 675 11.6
    Community & personal service workers 513 8.8
    Clerical & administrative workers 970 16.7
    Others 1146 19.7
    Occupation
    Census Count Percent(%)
    Pre-school 113 5.9
    Infants/Primary 523 27.1
    Secondary 321 16.6
    Technical or Further Educational Institution 227 11.8
    University or other Tertiary Institutions 640 33.2
    Others 105 5.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4958 55.7
    Semi-detached, row or terrace house, townhouse 2392 26.9
    Flat, unit or apartment 1532 17.2
    House or flat attached to a shop, office 14 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1980 50.8
    Being purchased 1228 31.5
    Fully owned 678 17.4
    Other tenure type 12 0.3
    Tenure Type
Census 2011, ABS
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