14 Palermo St, Morningside is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 620m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 3 bedroom House sold in Morningside in the last 12 months.
Cul-de-sac charmer with inspiring potential - love it, lease, redevelop, or lift and level up
Centrally located while quiet and peaceful inside, this charm-laden post war residence sits within just 5km radius of the Brisbane CBD, on an extremely usable LMR2-zoned 620m2 parcel, right at the end of a cul-de-sac. Not only is the redevelopment potential of this property immense, but it's a cracking opportunity for first-time buyers looking to gain a foothold in Morningside; it's in comfortable order to be leased out or enjoyed straight away, lending the option to update in your own time or land bank, profit, and move up the real estate ladder.
Highlights:
It's less than 10 minutes stroll from Blue Poppy café, Morningside train station, and CBD buses, with immediate access to the Morningside Village dining hub and the famed Flour and Chocolate Patisserie. It's moments to Morningside Central shops, gateway motorway links, and great schools like St Oliver Plunkett's, St Peter and Paul's, CHAC, and Lourdes Hill, plus its proximity to Hawthorne, Bulimba, and the proposed Barracks precinct make it a compelling candidate for investment.
Rates $743 p/q approx
The size of Morningside is approximately 5.4 square kilometres. It has 16 parks covering nearly 8.9% of total area. The population of Morningside in 2016 was 10481 people. By 2021 the population was 11755 showing a population growth of 12.2% in the area during that time. The predominant age group in Morningside is 30-39 years. Households in Morningside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morningside work in a professional occupation.In 2021, 51.40% of the homes in Morningside were owner-occupied compared with 48.30% in 2016.
Morningside has 6,547 properties. Over the last 5 years, Houses in Morningside have seen a 67.10% increase in median value, while Units have seen a 99.46% increase. As at 31 January 2026:
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