With a capital gain of 12.71% for the last 12 months, Morningside, 4170 has performed for property investments than its average annual 3.92% property growth over the last 5 years.
A 26.25% growth in median value for property investors in Morningside,4170 puts this suburb at number 175th in terms of best performing suburbs in QLD
The most recent median price for Morningside is $820000, with sellers offering an average of -6.99% off the asking price.
With the median price for a house in Morningside being $820000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 3.49%
Investment property in Morningside has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.11%
Over the longer term, Morningside has seen property prices show investors a -5.85% return over the last 3 years. This is an improvement over the last 12 months
Property buyers and investors in Morningside 4170 should be seeing an average reduction in asking price of around -5.22% . This means that Morningside is holding prices well when compared to other suburbs in QLD.
With the median price for a house in Morningside being $455000 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 4.91%