Property value increases in Morningside have tracked just lower than the QLD average of 2.63% over the last 12 months.
Across a shorter period, Morningside, 4170 has seen a median price increase of -4.47% over the last quarter.
The most recent median price for Morningside is $780000, with sellers offering an average of -3.99% off the asking price.
The QLD suburb of Morningside, 4170 is in the Brisbane local government area.
Property investors who have had real estate in Morningside, 4170 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.74%
When looking at the potential capital gains offered to property investors over the last 3 years, Morningside comes in at number 256th in QLD.
Sellers are offering property buyers an average discount of -5.46% to buyers in Morningside at the moment, which is less than average for the rest of QLD.
A $410 per week rent on the median house gives suburb investors a gross yield of circa 4.61%, without taking into account capital value appreciation, which has been averaging out at 1.29%.