Mornington at a glance
2,408
People
$690,000
Median sale
$484/wk
Median rent
3.65%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
TAS › Mornington › Binalong Rd
$630,000
Last sold
26 Apr 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
870 m²
Land
98 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$630,000
26 Apr 2025 · derived via latest_sale
Local land rate: recorded House sales in Mornington (last 5 years) with land size have a median of $916/m² of land (n=63). Districts calculation from recorded sales — not a valuation.
Mornington at a glance
2,408
People
$690,000
Median sale
$484/wk
Median rent
3.65%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Mornington
-8.7%
Median sale
Suburb $690,000
+0.34 pp
Gross yield
Suburb 3.65%
Suburb median $690,000 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Clarence Local Provisions Schedule
Zone
General Residential
107.8
Jurisdiction
Clarence
Clarence, TAS
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASZoned General Residential · 107.8 (Clarence Local Provisions Schedule). Official parcel area about 871 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $484/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned General Residential · 107.8 (Clarence Local Provisions Schedule). Official parcel area about 871 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 871 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Mornington at a glance
2,408
People
$690,000
Median sale
$484/wk
Median rent
3.65%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by New Haus AgencyCherished by the family for many years, this recently renovated home is now ready for its new owners to enjoy for many more years to come.
Set on a large corner block with two crossovers, the property offers exciting scope for future development—whether it's a shed, garage, subdivision or a second dwelling (all STCA).
Positioned directly opposite open parkland, the home enjoys a peaceful and leafy outlook with established gum trees in view. The fenced and gated side and rear yards are ideal for families with pets and children—or those with a green thumb looking to make the most of the outdoor spaces.
Inside, the home offers a nice blend of modern upgrades and classic charm, including a new kitchen and freshly sanded Tasmanian hardwood floors throughout. The stylish new bathroom is a standout, featuring a walk-in shower and floor-to-ceiling tiling. The separate laundry adds functionality and could double as a mud room or butler's pantry.
This location strikes the perfect balance between suburban living and everyday convenience—just minutes from shops, schools, public transport, trails and parks. The Meehan Ranges are within close proximity, great for those who enjoy mountain-bike riding and bush walks.
You'll enjoy living just:
3 minutes from Eastlands / Rosny Park
3 minutes from Bellerive Quay
12 minutes from Hobart CBD
12 minutes from the Airport
14 minutes from Glenorchy
Whether you're a first-home buyer, or someone searching for a property with development potential—this one ticks plenty of boxes.
Contact Harry Lambrakis today to arrange your inspection or to request more information.
Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
Listing description written by Harry Lambrakis, New Haus Agency — reproduced as published, not verified by Districts.