Morningside at a glance
13,023
People
$1,600,000
Median sale
$743/wk
Median rent
2.41%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
QLD › Morningside › Gary St
$949,000
For sale
Asking
2
Bedrooms
2
Bathrooms
1
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$949,000
Asking
No recorded sale for this property.
Morningside at a glance
13,023
People
$1,600,000
Median sale
$743/wk
Median rent
2.41%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Vs Morningside
-40.7%
Median sale
Suburb $1,600,000
+1.66 pp
Gross yield
Suburb 2.41%
Suburb median $1,600,000 from 61 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$43,263 on top of the price (4.6% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Morningside's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $743/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 4.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Morningside at a glance
13,023
People
$1,600,000
Median sale
$743/wk
Median rent
2.41%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White BulimbaSet in a contemporary, designer-built complex moments from the Wynnum Road village, this stylish two-bedroom apartment delivers the inner-east lifestyle without the upkeep. Clean lines, natural light, and quality finishes throughout make it an easy fit for downsizers, first-home buyers, and investors seeking a tightly held, low-maintenance address.
A landscaped designer entry sets the tone. Inside, the open-plan living and dining flows out to a generous balcony, giving you a true second living space to entertain or simply unwind. The kitchen is the heart of the home, with stone benchtops, ASKO appliances, soft-close joinery, a marble splashback and a breakfast bar set against a spacious island bench.
What you will love:
• Designer kitchen: stone benchtops, ASKO appliances, marble splashback, island breakfast bar
• Open-plan living and dining area
• A sprawling alfresco area bordered by manicured hedges and a low-maintenance lawn, your own private slice of paradise for weekend BBQs or morning coffees
• Master bedroom with a dedicated walk-in wardrobe, and a stylish private ensuite
• A second bedroom featuring a built-in study nook and its own walk-in wardrobe
• Two bathrooms with stone and timber textures and a bath to the main
• Ducted air conditioning and ceiling fans throughout
• Secure garage
Study Nook
The lifestyle around you:
• Start your mornings right with some of Brisbane's best coffee and pastries. You are a stone's throw from local icons like Flour & Chocolate Patisserie, The Blue Poppy, Sarmic Cafe, and the delightful Rising Sun Ritual.
• Daily errands are effortless with both Morningside Central Shopping Centre and Morningside Plaza right around the corner, housing major retailers like Coles and Woolworths, alongside boutique stores, medical services, and gyms.
• Commuting to the Brisbane CBD (only 5km away) is seamless, with the Morningside Train Station and high-frequency bus routes along Wynnum Road on your doorstep.
• All the cosmopolitan delights of the famous Oxford Street at Bulimba, the Cannon Hill Shopping Centre and Westfield Carindale Shopping Centre all within 10 minutes
• Gateway Motorway is only 5 mins away
• Families are well covered with highly desirable school catchments, including the nearby Morningside State School and Balmoral State High School, with elite private options like Lourdes Hill College and Cannon Hill Anglican College only five minutes away.
Ground-floor modern apartments boasting private yards and walk-to-everything locations are highly sought after and rarely remain on the market for long. So, don't miss out on securing this absolute gem in one of Brisbane's most dynamic pockets, contact Daniel Gierach 0412 523 821 or Conrad Leisemann 0403 978 813 to book your inspection today.
Listing description written by Daniel Gierach, Ray White Bulimba — reproduced as published, not verified by Districts.
Nearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.