Median Sale Price
House
$623K
Updated on May 2022
2 BR - | 3 BR $585K | 4 BR $870K |
Unit
$626K
Updated on May 2022
1 BR - | 2 BR - | 3 BR $628K |
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 | $650,000 | +12.2% | $515,000 | $1,200,000 | 20 |
Median Sale Price
$630K
Based on 38 recorded sales within the last 12 months
Updated on 27 Jun 2022
Suburb Growth
+23.0%
Current Median Price: $630,000
Previous Median Price: $485,000
Based on 76 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$490
Updated on May 2022
2 BR $440 | 3 BR $485 | 4 BR $635 |
Unit
$500
Updated on May 2022
1 BR - | 2 BR $468 | 3 BR $555 |
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 | $480 | +10.4% | $390 | $650 | 31 |
| 2022 | $500 | +4.0% | $440 | $550 | 11 |
Median Rent Price
$495
per week
Based on 28 recorded rent within the last 12 months
Updated on 27 Jun 2022
Rent Price Growth
+8.1%
Current Median Rent: $495
Previous Median Rent: $455
Based on 54 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.1%
Current Median Price: $630,000
Current Median rent: $495
Based on 66 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)
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 |