Median Sale Price
House
$434K
Updated on Feb 2021
2 BR - | 3 BR $435K | 4 BR $421K |
Unit
$443K
Updated on Feb 2021
1 BR - | 2 BR $408K | 3 BR $513K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $259,000 | 0.0% | $170,000 | $315,000 | 28 |
| 2010 | $275,000 | +5.8% | $215,000 | $360,000 | 31 |
| 2011 | $291,000 | +5.5% | $220,000 | $440,000 | 26 |
| 2012 | $275,000 | -5.8% | $215,000 | $395,000 | 25 |
| 2013 | $265,000 | -3.8% | $97,750 | $410,000 | 28 |
| 2014 | $270,000 | +1.9% | $180,000 | $450,000 | 34 |
| 2015 | $290,000 | +6.9% | $205,000 | $410,000 | 37 |
| 2016 | $308,000 | +5.8% | $205,000 | $472,000 | 33 |
| 2017 | $337,000 | +8.6% | $246,000 | $550,000 | 46 |
| 2018 | $409,500 | +17.7% | $318,200 | $552,500 | 31 |
| 2019 | $420,000 | +2.5% | $330,000 | $615,000 | 37 |
| 2020 | $438,120 | +4.1% | $370,000 | $605,000 | 23 |
| 2021 | $517,000 | +15.3% | $402,500 | $655,000 | 17 |
Median Sale Price
$450K
Based on 35 recorded sales within the last 12 months
Updated on 17 Apr 2021
Suburb Growth
+5.6%
Current Median Price: $450,000
Previous Median Price: $425,000
Based on 65 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2021)
Price Range Segments (12 months ending Mar 2021)
Median Weekly Rent Price
House
$440
Updated on Mar 2021
2 BR $400 | 3 BR $435 | 4 BR $535 |
Unit
$438
Updated on Mar 2021
1 BR $295 | 2 BR $445 | 3 BR $440 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | - | - | - | - | - |
| 2013 | - | - | - | - | - |
| 2014 | $320 | 0.0% | $270 | $450 | 18 |
| 2015 | $325 | +1.5% | $270 | $450 | 43 |
| 2016 | $350 | +7.1% | $270 | $550 | 27 |
| 2017 | $370 | +5.4% | $280 | $470 | 28 |
| 2018 | $385 | +3.9% | $320 | $495 | 29 |
| 2019 | $440 | +12.5% | $350 | $580 | 30 |
| 2020 | $430 | -2.3% | $360 | $550 | 25 |
| 2021 | $485 | +11.3% | $390 | $525 | 7 |
Median Rent Price
$440
per week
Based on 25 recorded rent within the last 12 months
Updated on 17 Apr 2021
Rent Price Growth
0.0%
Current Median Rent: $440
Previous Median Rent: $440
Based on 47 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.1%
Current Median Price: $450,000
Current Median rent: $440
Based on 60 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2021)
Auction Results For Mornington
Houses sold in Last 12 months ends 10 Apr 2021
$380K
Median Sale Price
100%
Clearance Rate
2/2
Sold/Reported
$380K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| less than $400 K (Median Price Range) | 1 | |
Schools closest to Mornington, TAS 7018
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Warrane Primary School | 213 CAMBRIDGE ROADWarrane 7018 | Primary | Government | 0.22 km |
| Eastside Lutheran College | FLAGSTAFF GULLY ROADWarrane 7018 | Combined | Independent | 1.19 km |
| Corpus Christi Catholic SchoolTop 20 | 10 ALMA STBellerive 7018 | Primary | Catholic | 1.24 km |
| Bellerive Primary School | 20 LESLIE STREETBellerive 7018 | Primary | Government | 1.37 km |
| Clarence High School | WENTWORTH STREETBellerive 7018 | Secondary | Government | 1.77 km |
| MacKillop Catholic College | 39 CURRAJONG STREETMornington 7018 | Secondary | Catholic | 1.54 km |
| The Cottage School | 4-10 QUEEN STBellerive 7018 | Primary | Independent | 1.87 km |
| Howrah Primary School | HOWRAH ROADHowrah 7018 | Primary | Government | 2.59 km |