Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
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 | $571,000 | +23.3% | $402,500 | $1,040,000 | 40 |
| 2022 | $621,000 | +8.1% | $460,000 | $1,200,000 | 36 |
| 2023 | $603,100 | -3.0% | $475,000 | $845,000 | 32 |
| 2024 | $599,000 | -0.7% | $495,000 | $710,000 | 9 |
Median Sale Price
$600K
Based on 34 recorded sales within the last 12 months
Updated on 20 Apr 2024
Suburb Growth
-1.7%
Current Median Price: $599,999
Previous Median Price: $610,000
Based on 66 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
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 | $650 | 32 |
| 2022 | $520 | +6.7% | $440 | $600 | 29 |
| 2023 | $530 | +1.9% | $360 | $735 | 56 |
| 2024 | $520 | -1.9% | $495 | $750 | 6 |
Median Rent Price
$520
per week
Based on 44 recorded rent within the last 12 months
Updated on 20 Apr 2024
Rent Price Growth
-2.9%
Current Median Rent: $520
Previous Median Rent: $535
Based on 84 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.5%
Current Median Price: $599,999
Current Median rent: $520
Based on 78 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
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 |