Property value increases in Morningside have tracked just lower than the QLD average of 1.05% over the last 12 months.
Morningside,4170 has offered an average of -1.09% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Morningside, 4170. Typically our figures indicate that -7.23% is being offered, which puts this QLD suburb at 1236th most discounted overall in Australia.
The QLD suburb of Morningside, 4170 is in the Brisbane (C) local government area.
Morningside is in the TOP 30% in QLD when comparing median price capital growth over the last year. Morningside gave property investors a good capital gain figure when compared to the rest of the state, with 3.11%.
Morningside,4170 was ranked 271 in Australia by increase in median property value over the quarter.
Morningside, 4170 is offering QLD ‘s 145th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this QLD.
In the last year 118 properties changed hands in Morningside, which puts it as the 42th most active market in QLD when comparing the number of sales per suburb.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 4.82%, without taking into account capital value appreciation, which has been averaging out at 1.06%.