MORNINGTON 7018
State: TASPosiProp AI Investment Summary
MORNINGTON (TAS 7018) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.8% and has experienced a 12-month capital growth of Up 11.6%, with a median house buy price of $650,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$750,000
$635,000
$835,000
$650,000
Suburb Market Profile
Last month Mornington had 3 properties available for rent and 11 properties for sale. Median property prices over the last year range from $650,000 for houses to $622,500 for units. If you are looking for an investment property, consider houses in Mornington rent out for $570 PW with an annual rental yield of 4.8% and units rent for $520 PW with a rental yield of 4.7%. Mornington has seen an annual compound growth rate of 11.6% for houses and 29.0% for units.
Properties For Sale in MORNINGTON
4 Listings Found$890,000
6 Aruma Street, Mornington
$845,000
15 Aruma Street, Mornington
$500,000
2/3a Darri Street, Mornington
$595,000
1 Derinya Street, Mornington