Prosper Group is Sydney's and Brisbane's leading property buyers agent ,specializing in sourcing residential and commercial investment properties.
Below is a snapshot of the suburb Morayfield, Brisbane.
Morayfield, QLD 4506
Demographic profile
The population is 17,711.(2006 census)
41% of the population is aged between 25 and 54. (2006 census)
53% of the population is married as opposed to 49% average for Australia. (2006 census)
Prosper Group is Sydney's and Brisbane's leading property buyers agent ,specializing in sourcing residential and commercial investment properties.
Below is a snapshot of the suburb Morayfield, Brisbane.
Morayfield, QLD 4506
Demographic profile
The population is 17,711.(2006 census)
41% of the population is aged between 25 and 54. (2006 census)
53% of the population is married as opposed to 49% average for Australia. (2006 census)
18% of the population is trade workers as opposed to 14% average for Australia. (2006 census)
Morayfield attracts a lot of young families with its local commercial area providing employment and the area providing numerous family facilities such as schools and recreation activities.
The Caboolture-Morayfield precinct continues to be one of the fastest growing LGA’s in Australia, consistently recording an annual growth rate well above the national average over the past 10 years.
Population projections estimate an annual average population growth rate of 3.2% to 2026.
The Caboolture-Morayfield area is the administrative, retail and business heart of Caboolture.
Geographic profile
Located 44km from Brisbane CBD.
Located 11km from Beachmere, which is the closest sea town to Morayfield, another popular sea town is Bribie Island which is only 20km away.
Located 3 km from Caboolture CBD.
Property Market
Median house price is $325,000, a 7.3% increase in the last 6 months. (APM Feb 2008)
43% of population are purchasing as opposed to 32% average for Australia. (2006 census)
94% of housing stock is units as opposed to 74% average for Australia.(2006 census)
The existing market is predominantly low-set brick homes and some semi-rural acreage.
Most of the existing older stock which was constructed around the mid 80’s is located within 500m to the east of the train station, and within 500m to the west of the main shopping precinct off Morayfield Rd.
New developments within the last couple of years have been to the east of the established residential areas near the train station spreading towards the motorway.
Recreation
Residents in the area have access to a number of parks and outdoor leisure facilities including the Alexander Barr Sporting Complex,
Golf course.
Local picnic / park areas.
Caboolture also encompasses part of the Queensland State Forest.
Schools
There are a number of schools in the area including Tullawong Primary School, a Lutheran Primary School, Caboolture Primary School, Caboolture East Primary School, Caboolture Christian School, Tullawong High School and Caboolture High School.
Shopping Amenities
There are numerous local shopping facilities within the area, well located to provide top up services within walking distances of the majority of the housing stock.
Morayfield Shopping Centre is a regional shopping centre and is located on Morayfield Rd. The centre has 138 specialty retailers, and is anchored by six majors and six mini majors.
Forming part of the centre is a cinema complex and amusement arcade.
Other shopping centres within the area include Morayfield Village, Market Plaza, Heritage Plaza, as well as a range of retail showroom facilities.
Transport
Travel from Morayfield Station to the Brisbane CBD along the North Coast railway line takes approximately 1 hour.
There are regular bus services that ferry passengers to all the major points around the area.
Morayfield is located within 2km of the M1 Bruce Highway with direct travel through to Brisbane.
Surrounding Suburbs
Caboolture, Burpengary, Narangba, Beachmere.
Planning
Caboolture-Morayfield area has been designated as a Principal Activity Centre under the State Government’s South East Queensland Regional Plan, making it the key centre of Brisbane’s northern growth corridor for employment growth, business investment and infrastructure funding.
Suburb Growth Rates & Predictions
Historical Growth (Residex)
1 Years 16.75%
3 Years 5.41%
10 Years 12.12%
Predicted Growth (Residex)
5 Years 12.00% p.a
8 Years 12.00% p.a
Data is sourced from Residex.
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Maps of Morayfield
