Property Investment in Morayfield, QLD

Property Investment in Morayfield, QLD

Posted on September 1, 2021 by Mirren Property Investment

Median house price: $410,000 (July 2021)
Median house rental value: $340 PW (August 2021)
Transport: car, bus, train
Population: 21,394 (2016 census)
State: Queensland
Size: 44.5 square kilometres
Location: 38km north of the Brisbane CBD

Morayfield is a well-known town and suburb located in the north of Brisbane City. This is mainly a residential area, with a few semi-rural acreages and a lot of low-set brick houses. In 1997, Morayfield Shopping Centre opened on Morayfield Road as part of the main commercial area. It is close to two coasts, Brisbane and Bribie, and is just five minutes from train stations, schools and shopping centres.
This Queensland suburb is midway between the Sunshine Coast and Gold Coast. Originally named “Moray Field” after the Scottish county in which George Raff grew up, it was purchased by Brisbane man George Raff in 1868 and named after his native land in Morayshire, Scotland. It was sometimes referred to as “Morayfields” and, from 1881, as “Morayfield”.

Real Estate Market

The median property price for a house is $410,000 and for a unit is $300,000 and the steady increase in property values over the past five years equates to a 14.08% gain in value. Investors who consider investing in Morayfield can earn their house rent for $340 per week with a 4.3% annual rental yield. Morayfield units rent for $330 per week with a 5.7% annual rental yield. During the last five years, Morayfield’s house sales have compounded at 3.1% and its unit sales have compounded at 1.0%.
Experts also see that Morayfield will experience high demand in the next five years. It’s one of the few suburbs out there that is open-for-inspection traffic is high, with government incentives giving buyers an opportunity to build their dream homes on large blocks. It’s a great suburb that offers large blocks of housing, appealing to families wanting to get away from the busy cities below $500,000.

Population and Demographics

According to the 2016 census, Morayfield had 21,394 people, of which 51.5% were female. Those who reside in Morayfield are on average 32 years old, which is 6 years younger than the national median age of 38. Also, 77.2% of residents are Australian citizens.


It’s quite astonishing that the locals of Morayfield consider it to be the 2nd best suburb in Australia. With its wide range of facilities available in Morayfield, as well as the area is close to schools, shopping centre, a multitude of sporting facilities, and the neighbours are friendly. Thus, it is considered as one of the most desirable places to live in Queensland by the locals.

Aside from being peaceful and quiet, Morayfield also offers great value for money. It also has some amazing areas, Such as Excelsior Park, which is close to shops, nature, and everything you could possibly want. There are no problems with public transport and it is the best. As there is a train station in Morayfield from where train services are available to Brisbane, Ipswich, Caboolture and the Sunshine Coast. In summary, it is a great place to call home.

Morayfield also offers schools for different age groups, including both public and private ones. In addition to its thriving retail and service industries, Morayfield is known for the Morayfield Shopping Centre and many standalone businesses along the main highway (Morayfield Road).

Why Live and Invest in Morayfield?

  • Median property prices in Morayfield have steadily increased over a five-year period, translating to a capital gain of 14.08%.
  • Morayfield occupies 396th place on the list of top 31 suburbs yielding great rental returns in Queensland with a 4.49% return.
  • Morayfield, besides having plenty of parks, is a 30-minute drive from the beach and the High School and Sports Club are right beside the train station.

Looking to buy an Investment Property in Morayfield? Contact us now.

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