Thinking about buying in Mornington? Now could not be a better time, with 17290 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,411,000 with prices in this suburb ranging from $167,000 to $17,001,000. Mornington is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Median Weekly Rent | $433.26 |
Median Monthly Mortgage | $2003.42 |
Median Persons Per Bedroom | 0.73 |
Average Household Size | 2.34 |
Average Age | 50.16 |
Average Income | $769.46 |
Average Cars Per Dwelling | 1.75 |
Average Properties Within 50M | 18 |
1 Bed  $1,211,000 |
2 Bed  $968,000 |
3 Bed  $1,355,000 |
4 Bed  $1,691,000 |
5 Bed  $2,091,000 |
6 Bed+$2,106,000 |
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Mornington is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Mornington changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Mornington to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
20 CULGOA ST, MORNINGTON, TAS, 7018 | 3 | 1 | 1 | Offers Over $515,000 | |
33 NILPENA ST, MORNINGTON, TAS, 7018 | 3 | 1 | 6 | Offers Over $549,000 | |
29 CARBEEN ST, MORNINGTON, TAS, 7018 | 3 | 1 | 2 | Offers Over $595,000 |
St Macartan's School
Padua College
Mornington Secondary College
Benton Junior College
Mornington Special Developmental School
Mornington Primary School
Mornington Park Primary School
Osborne Primary School
Moorooduc Primary School
Kunyung Primary School
(While the above schools are located with the suburb of Mornington there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.0 | 13.6 | 23.9 | 38.0 | 80.4 | 5.0 | 23.1 |
Feb | 1.0 | 12.9 | 22.4 | 42.3 | 83.1 | 4.5 | 18.0 |
Mar | 1.2 | 12.0 | 21.4 | 43.5 | 84.0 | 4.3 | 12.8 |
Apr | 1.1 | 10.0 | 18.8 | 43.8 | 82.9 | 4.5 | 9.3 |
May | 2.0 | 7.7 | 15.4 | 49.8 | 84.9 | 4.5 | 5.9 |
Jun | 1.7 | 5.8 | 13.1 | 57.0 | 88.1 | 4.4 | 5.0 |
Jul | 1.4 | 5.3 | 13 | 52.8 | 85.2 | 4.7 | 6.0 |
Aug | 2.0 | 5.3 | 13.7 | 49.0 | 84.9 | 4.8 | 8.3 |
Sept | 1.6 | 7.4 | 16.3 | 42.4 | 84.2 | 4.8 | 12.5 |
Oct | 1.8 | 8.5 | 18.0 | 41.0 | 83.4 | 4.8 | 17.7 |
Nov | 1.7 | 10.4 | 19.8 | 40.8 | 83.1 | 5.0 | 20 |
Dec | 1.7 | 12.0 | 21.5 | 41.4 | 81.4 | 4.9 | 23.4 |
source: Australian Government Bureau of Meteorology
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