Property management in Moorooka
Your suburb profile by Running Property
Situated around 7 kilometres south of the Brisbane CBD, the mixed use suburb Moorooka (4105) is home to nearly 10,000 people.
Moorooka is an older suburb that played host to many manufacturing industries in World War II. After the war, solid and affordable housing for veterans was built in the suburb, much of which can still be seen today.
Famously, for decades Brisbane people have bought their cars from the “Magic Mile” of new and used car dealerships along Ipswich Road. Further back from this major arterial, Moorooka is an attractive, tree-lined and hilly suburb with many beautiful Queenslander homes on larger blocks.
Data from realestate.com.au shows that the median Moorooka house price was $581K in 2016, with the median unit price being $423K. For investment property owners, Moorooka offers a median rent for houses of $425 per week, and the median rent for units $385 per week. Rental demand for both houses and units is high.
For expert advice on attracting the best quality tenants for your Moorooka investment property, talk to the expert Running Property team. Our property managers have the local knowledge that can make all the difference to your rental return.
If you’d like a rental appraisal for your Moorooka investment property, fill out the contact form here or call Running Property on 07 3392 1544 today.