Morningside suburb profile
Morningside is a vibrant suburb located just 5km east of Brisbane's CBD, known for its blend of suburban tranquility and urban convenience. With a mix of character homes and modern apartments, it appeals to families, young professionals, and investors. Morningside offers excellent connectivity through public transport, including train and bus services, making commuting easy. The suburb boasts a variety of amenities, including shopping centers, cafes, and parks, providing a balanced lifestyle. Its proximity to the Brisbane River and nearby recreational areas adds to its appeal, making Morningside a sought-after location for those seeking a dynamic yet relaxed living environment.
Morningside property market performance
Current median dwelling price$1,180,500Past 3 months
Property growth+8.4%Past 12 months
Morningside's property market has shown positive growth over the past 12 months, with house values increasing by 3.5% and unit values experiencing a significant rise of 12.1%. The median house price over the past three months has averaged $1.38 million, while units have averaged $862,000, indicating strong demand for both property types.
Sales activity has been robust, with 43 houses and 43 units sold in the past three months. Units are selling faster than houses, with a median time on market of 27 days compared to 33 days for houses, suggesting a competitive unit market.
The rental market in Morningside has also seen notable increases, with house rents rising by 10% and unit rents by 8.3% over the last 12 months, reflecting a strong demand for rental properties in the area.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $1.50M | $861K |
Change in value Past 12 months | 7.6% | 9.2% |
Sold Past 3 months | 35 | 32 |
Median days on market Past 12 months | 34 | 29 |
Average rent Past 12 months | $770 | $650 |
Change in rent Past 12 months | 10.0% | 8.3% |
5 year median price trend for houses and units
Morningside demographics
Morningside, located in Brisbane's inner eastern suburbs, is a vibrant and growing community known for its family-friendly atmosphere and convenient access to the city. With a population of 11,755 and a median age of 34, Morningside attracts a mix of young professionals and families who appreciate its blend of suburban tranquility and urban convenience. The suburb's proximity to the Brisbane CBD, along with its parks, schools, and shopping facilities, makes it an appealing choice for those seeking a balanced lifestyle.
Housing in Morningside is diverse, with a significant portion of properties being rented, accounting for 47.7% of the housing market. This high rental rate reflects the suburb's appeal to those seeking flexibility, including young professionals and families. Meanwhile, 36% of properties are owned with a mortgage, and 16.3% are owned outright, indicating a stable community with a mix of long-term residents and new homeowners. The suburb's family composition is varied, with 39.7% of families being couples with children and 41.8% being couples without children, highlighting its broad appeal to different family types.
Morningside's workforce is diverse, with many residents employed in professional, managerial, and administrative roles, benefiting from the suburb's proximity to Brisbane's business districts. The median total household income of $2,280 per week suggests a relatively affluent community, which is reflected in the quality of local amenities and services. Overall, Morningside offers a dynamic and welcoming environment for individuals and families looking for a well-connected and vibrant place to call home.
Morningside infrastructure, key developments and investment opportunities
Morningside is experiencing several developments that may impact its property market. The $1 billion redevelopment of Cannon Hill Shopping Centre, located just outside Morningside, is set to transform the area with new retail, dining and entertainment options upon completion in 2025. This major project is likely to boost amenities and potentially property values in neighboring Morningside.
Infrastructure improvements include upgrades to Morningside train station to improve accessibility, and plans for new cycling paths connecting Morningside to surrounding suburbs. The ongoing revitalization of nearby Oxford Street in Bulimba is also enhancing lifestyle amenities accessible to Morningside residents. While no major school upgrades are currently underway, the area remains well-served by existing public and private education options.
Morningside rental market trends
The rental market in Morningside is experiencing steady growth, with house rents increasing by 10% over the past year to $770 per week, while unit rents have risen 8.3% to $650 per week. This suburb continues to attract renters and investors alike, thanks to its appealing lifestyle and proximity to Brisbane's CBD, making it a desirable location for long-term investment.
Suburbs near Morningside
Some popular suburbs near Morningside include:
How does Morningside compare to nearby suburbs?
- Median house prices: Morningside’s median house price is 49.2% lower than Hawthorne’s.
- Median unit prices: Morningside’s median unit price is 10.4% higher than Cannon Hill’s.
- House price growth: Over the past 12 months, house prices in Morningside have grown 0.5% higher than in Camp Hill.
- Unit price growth: Over the past 12 months, unit prices in Morningside have grown 0.9% higher than in Camp Hill.
- Selling speed for houses: Properties in Morningside are selling 40.4% faster than in Hawthorne.
- Selling speed for units: Properties in Morningside are selling 3.3% faster than in Hawthorne.
- Investment considerations: In Morningside, the rental yield for house is 13.4% higher than the Brisbane average, while the rental yield for units is 5.3% higher.
- House price growth: Over the past 12 months, house prices in Morningside have grown 32.5% higher than the average rate of growth across Brisbane.
- Unit price growth:Over the past 12 months, unit prices in Morningside have grown 15.5% higher than the average rate of growth for units across Brisbane.

