Suburb Profile Report for Morningside QLD (4170)

Morningside House: Median price $753,000, Annual capital growth 6.47%, Number of sales 143, Weekly median advertised rent $490

Morningside Unit: Median price $484,000, Annual capital growth 3.58%, Number of sales 194, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

Morningside, 4170 ranked 341th in QLD when comparing growth in median property values or capital gain over the last 12 months. Morningside is one of 2415 in our list for QLD

Across a shorter period, Morningside, 4170 has seen a median price increase of 3.15% over the last quarter.

The most recent median price for Morningside is $753000, with sellers offering an average of -5.00% off the asking price.

With the median price for a house in Morningside being $753000 and the advertised rent reaching $490 the gross rental yield for property investors calculates out to be 3.38%

Morningside is in the bottom 40% in QLD when comparing median price capital growth over the last year. Morningside gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.73%.

Taking the average capital gain, or increase in median house value, Morningside,4170 has racked up an average of -1.73% over the period. This ranks it number 1122th in the whole country for real estate investors looking at median house price increases.

Morningside, 4170 is offering QLD ‘s 127th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.

HOUSE UNIT
$753,000 $484,000
3.15% 0.31%
4.58% -1.73%
6.47% 3.58%
$490 $420
143 194
3.38% 4.51%
66.04 57.72

Source: CoreLogic

DSR Score for property investment : Above average (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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