Morayfield is a large suburb in Queensland within the Moreton Bay local government area (postcode 4506). With a population of 24,898, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $75K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, labourers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Morayfield is $660,000, having surged 12.3% over the past year. Units have a median price of $545,000 (+17.2% YoY). The current median weekly rent is $570. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,560.
Morayfield is served by 5 schools, including 3 primary, 1 secondary, 1 combined. The average ICSEA score is 953, which is around the national average of 1,000. Public transport access includes 1 rail station, 44 bus stops. The crime rate in the Moreton Bay LGA is moderate at 4,652 incidents per 100,000 population.
From an investment perspective, Morayfield offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($660K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.8x is considered moderate. House prices have moved +12.3% year-on-year.
Morayfield is a large suburb in Queensland within the Moreton Bay local government area (postcode 4506). With a population of 24,898, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $75K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, labourers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Morayfield is $660,000, having surged 12.3% over the past year. Units have a median price of $545,000 (+17.2% YoY). The current median weekly rent is $570. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,560.
Morayfield is served by 5 schools, including 3 primary, 1 secondary, 1 combined. The average ICSEA score is 953, which is around the national average of 1,000. Public transport access includes 1 rail station, 44 bus stops. The crime rate in the Moreton Bay LGA is moderate at 4,652 incidents per 100,000 population.
From an investment perspective, Morayfield offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($660K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.8x is considered moderate. House prices have moved +12.3% year-on-year.