Morningside is an established suburb in Queensland within the Brisbane local government area (postcode 4170). It is home to about 11,755 residents, with a blend of families and working-age professionals and a median age of 34. Households earn a median income of $119K per year, with an average household size of 2.3 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Irish.
The median house price in Morningside is $1.4 million, having risen steeply by 11.5% over the past year. Units have a median price of $700,000 (+11.1% YoY). The current median weekly rent is $715. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,132.
Morningside is served by 1 school, including 1 primary. The average ICSEA score is 1075, which is above the national average of 1,000. Public transport access includes 54 bus stops. The crime rate in the Brisbane LGA is moderate at 6,340 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.6% (low yield). Property prices are above the state median ($1.4M/$1.1M), placing it in the premium segment. The price-to-income ratio of 12.2x is considered stretched. House prices have moved +11.5% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.