Morayfield
Moreton Bay's growth engine — $835K median house price, up 16.8% in 12 months, 24,898 residents and rising.
Morayfield (QLD 4506) anchors the Moreton Bay growth corridor about 44km north of Brisbane. The median house price reached $835,000, up 16.8% over the past 12 months — among the strongest growth in South-East Queensland. The suburb spans 44.5km² of established homes, new estates and rural-residential acreage, with 58 parks covering more than 6% of its area. Population growth is relentless: 24,898 residents at the 2021 census, up 16.4% in five years, with a young median age of 34. Acreage parcels with future development potential — like those along Blewers Road — are increasingly sought as the corridor urbanises.
Rental Market & Investment
Houses rent for a median of around $630 per week at gross yields near 3.8%, while units yield about 4.5% — supported by rail access to Brisbane, the Morayfield Shopping Centre employment node and consistent family demand.
Demographics & Community
A young, fast-growing community of 24,898 with a median age of 34 — first-home buyers, young families and tradespeople drawn by value, rail connectivity and schools.
Land & Development
With Caboolture West's growth front opening up next door, Morayfield's rural-residential fringe carries genuine land-banking appeal. GC Prestige markets acreage holdings in the corridor with long-term development upside.
Performance Outlook
Sixteen-plus percent annual growth, sub-$850K pricing and structural population inflow position Morayfield as one of SEQ's most reliable value-growth markets.
Market Snapshot
Price Performance
Location
Frequently Asked Questions
What is the median house price in Morayfield?
The median house price is $835,000, up 16.8% over the past 12 months — among the strongest growth rates in South-East Queensland.
Is Morayfield a good investment?
Houses yield around 3.8% gross ($630 per week median rent) and units about 4.5%, on top of 16%+ annual capital growth driven by the Moreton Bay corridor's population inflow and rail access to Brisbane.
Why is Morayfield growing so fast?
Population rose 16.4% in five years to 24,898 as the Brisbane–Sunshine Coast corridor urbanises; the neighbouring Caboolture West growth front adds long-term development upside to Morayfield's rural-residential fringe.