Morningside QLD

Postcode 4170 · Brisbane LGA

Morningside is a well-established suburb in Queensland within the Brisbane local government area (postcode 4170). With a population of 11,755, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $119K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.

The median house price in Morningside is $1.4 million, having surged 11.5% over the past year. Units have a median price of $700,000 (+11.1% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 2.5%. 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 6,244 incidents per 100,000 population.

From an investment perspective, Morningside offers a gross rental yield of 2.5%, rated as 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.

INVESTMENT SIGNALS
Rental Yield2.5% Low Yield
Price vs State$1.4M/$1.1M Above Median
Affordability12.2x Stretched
Price Momentum+11.5% Rising
INCOME (ATO 2022-23)
Median Income$76,839
Mean Income$94,408
Earners10,727
YoY Change+4.3%
SEIFA INDEX (ABS)
Advantage9/10
Education10/10
Economic4/10
Disadvantage10/10
MEDIAN HOUSE
$1.4M
11.5% YoY
MEDIAN UNIT
$700K
11.1% YoY
MEDIAN RENT /WK
$430
POPULATION
11,755
DEMOGRAPHICS
Median Age34
Household Size2.3
HH Income /wk$2,280
Personal Income /wk$1202
Mortgage /mth$2,132
CRIME (Brisbane LGA)
Crime Rate (per 100k)6,244
Total Incidents6,244
TRANSPORT
Bus Stops54
SCHOOLS (1)
Avg ICSEA1075
Total Students475
Government1
Morningside State SchoolPrimary · Government · ICSEA 1075
Data: 2024