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Morningside, QLD 4170

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

Data updated

Tight Rental MarketStrong Growth

Median House

$1,655,000

market range $1.6M-$1.8M

Median Unit

$950,000

market range $900K-$1.0M

Gross Yield (units)

3.9%

1yr Growth (houses)

+10.4%

market range +5.0% to +12.5%

Investment snapshot for Morningside

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

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Morningside market and investor summary

Morningside (QLD 4170) runs a median house price of $1.7M. House prices have moved +10.4% over the past year and +37.1% over three years. At 1.2% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 1.2% and a resident base that is not shrinking.

Living in Morningside: people, income and schools

Morningside has a resident population of roughly 11,755, and the area has been growing steadily, up about 11% over five years. The median age is 34, broadly working-age, and families account for 63% of households.

Households here earn a median of about $119,000 a year, or roughly $2,280 a week. On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 14.0 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 16% over five years, which tends to underpin what local buyers can pay.

There are 53 schools within about 5km, and they test well above the national school average on ICSEA, a draw for education-focused families. It is roughly 5.1 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 63 for walkability and 5 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Curb.

Population
11,755
+11% over 5yr
Median age
34 years
Median household income
$119,000/yr
Households renting
47%
Family households
63%
Socio-economic rank
10/10
ABS advantage index
Schools within 5km
53
avg ICSEA 1114
Unemployment
4.0%
Distance to CBD
5.1 km
Walk score
63/100

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

Properties in Morningside

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Frequently asked questions about Morningside

What should I check before investing in Morningside?

Morningside has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +10.4% in the past year shows strong recent price momentum. 3-year capital growth of +37.1% 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 Morningside?

The median property price in Morningside, QLD 4170 is $1.7M for houses and $950K for units.

What rental yield does Morningside show?

The gross rental yield in Morningside is 3.9% for units. 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 Morningside?

House prices in Morningside are up 10.4% over the past year and up 37.1% 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 Morningside?

The current vacancy rate in Morningside is 1.2%. 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 Morningside?

Morningside has a population of approximately 11,755 residents, with a median age of 34.

What schools are near Morningside?

There are 53 schools within roughly 5km of Morningside. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Morningside affordable to buy in?

A median house in Morningside costs about 14.0 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 Morningside's population growing?

The population of Morningside has grown about 11% 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 Morningside from the CBD?

Morningside is about 5.1 km from the CBD.

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