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