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 › Currajong St
$480,000
Last sold
22 July 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
581 m²
Land
99 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
$480,000
22 July 2024 · 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
-30.4%
Median sale
Suburb $690,000
+1.59 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 data is being calculated
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
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 Ripple RealtyHere is a wonderful opportunity for first home buyers, savvy investors, or purchasers with bright ideas and flair for design. This modest three-bedroom property solid bones and plenty of fantastic features- bush and mountain views, a spacious yard, light-filled living areas, and a convenient location close to amenities and just 10 minutes from central Hobart.
You will find a comfortable and inviting lounge with a pleasant outlook over the Meehan Ranges, and reverse cycle air conditioning to maintain an ideal temperature throughout the year. Step through to the spacious and functional eat-in kitchen. It has plenty of storage space, and it is easy to see the benefits some upgrades would bring to the space.
All three double bedrooms have built-in wardrobes, there is a family bathroom with a vanity and shower over bath, as well as a separate toilet and laundry facilities on either side.
The 581sqm corner block contains a fenced yard, which is perfect for kids and pets, and is an appealing blank canvas for those keen to start a veggie garden, so some landscaping or create a relaxed outdoor entertaining space. There's also a small shed, carport, and off-street parking available.
With MacKillop College opposite, all the amenities of Eastlands shopping centre only 5 minutes away, a bus stop right outside, and a short commute into the CBD - the location's convenience is enviable. There are also beautiful beaches and natural bush reserves close by for those who love outdoor and active weekend adventures.
Currently tenanted for $475 per week on a rolling lease, you have the flexibility to continue as a rental with proven returns or move in and make a start on your plans to rejuvenate this little gem - either way, it's an exciting opportunity to invest in your future. Call Warwick today to schedule a viewing, he will be delighted to show you around.
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Warwick Page, Ripple Realty — reproduced as published, not verified by Districts.
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