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Morayfield, QLD 4506

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$925,000

market range $850K-$1.1M

Median Unit

$675,000

market range $600K-$725K

Gross Yield (houses)

3.7%

1yr Growth (houses)

+19.4%

market range +15.0% to +22.5%

Investment snapshot for Morayfield

Morayfield has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Morayfield market and investor summary

Morayfield (QLD 4506) runs a median house price of $925K, with houses yielding a gross 3.7%. House prices have moved +19.4% over the past year and +54.5% over three years. At 1.6% vacancy, it is a tight rental market that favours landlords.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.7% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.6% and a resident base that is not shrinking.

Living in Morayfield: people, income and schools

About 24,898 people live in Morayfield, and the area has been growing steadily, up about 23% over five years. The median age is 34, broadly working-age, and families account for 75% of households.

Households here earn a median of about $75,000 a year, or roughly $1,440 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). At current prices a median house runs to a steep 12.3 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.

There are 25 schools within about 5km, testing below the national school average on ICSEA. It is roughly 41 km from the CBD. It is fairly car-dependent; the suburb scores 29 for walkability and 20 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.

Population
24,898
+23% over 5yr
Median age
34 years
Median household income
$75,000/yr
Households renting
44%
Family households
75%
Socio-economic rank
3/10
ABS advantage index
Schools within 5km
25
avg ICSEA 930
Unemployment
6.3%
Distance to CBD
41 km
Walk score
29/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Morayfield

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Frequently asked questions about Morayfield

What should I check before investing in Morayfield?

Morayfield has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +19.4% in the past year shows strong recent price momentum. 3-year capital growth of +54.5% shows sustained momentum, not just a single-year spike. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Morayfield?

The median property price in Morayfield, QLD 4506 is $925K for houses and $675K for units.

What rental yield does Morayfield show?

The gross rental yield in Morayfield is 3.7% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Morayfield?

House prices in Morayfield are up 19.4% over the past year and up 54.5% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Morayfield?

The current vacancy rate in Morayfield is 1.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Morayfield?

Morayfield has a population of approximately 24,898 residents, with a median age of 34.

What schools are near Morayfield?

There are 25 schools within roughly 5km of Morayfield. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Morayfield affordable to buy in?

A median house in Morayfield costs about 12.3 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Morayfield's population growing?

The population of Morayfield has grown about 23% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Morayfield from the CBD?

Morayfield is about 41 km from the CBD.

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