4/46 Kates Street, Morningside QLD 4170

Morningside’s demand is driven by its inner-east proximity to the city, blue-chip spillover and the $30m Morningside Central revamp alongside the Cannon Hill centre transformation boosting amenity depth. Buyers target renovator-ready character homes and new townhouses that stay more affordable than Bulimba yet deliver cafés, schools and train access, while investors chase tight listings, rising rents and frequent million-dollar trades. Price momentum has stayed positive over the last six months with multiple $2m+ sales late in 2025 and solid unit gains lifting medians, though Wynnum Road-adjacent pockets still warrant flood mapping even as retail and transport projects promise further upside.