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 › Cambridge Rd
$382,500
Last sold
8 Jan 2018
3
Bedrooms
1
Bathrooms
1
Car spaces
647 m²
Land
122 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
$382,500
8 Jan 2018 · derived via latest_sale
Local land rate: recorded House sales in Mornington (last 5 years) with land size have a median of $915/m² of land (n=64). 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
-44.6%
Median sale
Suburb $690,000
+2.93 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 Petrusma Property LindisfarneGreat buying opportunity for this perfectly presented family home. On offer for the first time in over 34 years, this lovingly cared for family home holds many beautiful memories for the current owners. Renovated throughout it's life, the home now boasts a fully refreshed kitchen, living areas and a converted undercover outdoor entertainment area into a second living space.
Upon entering the property, you are met with an instant sense of home, the love that has been shared here is certainly felt, you can virtually smell the biscuits and cakes that have been baked here throughout the years.
Outside, the home really shows it's value. A large extra tall fenced backyard for maximum privacy, with lots of lawned area for epic games of backyard cricket and football, a lovely timber deck off the dining area for outdoor BBQs and dining, even more epic games to be played on the eight ball table all undercover and away from the elements.
Out front, the property boasts under house garage with storage and workshop space, multiple off street parking spaces with extra concrete for ease of manoeuvring vehicles.
The elevated position of the home gives way to great views of the surrounding suburb.
For the investors, there is a possible rental return of up to 6%, strong rents in the area with low vacancy numbers.
Great opportunity on offer for families and first home buyers seeking quality living for a small entry price.
- Beautifully cared for and refreshed home
- Great extra living spaces available
- Super good value quality home throughout
- Great returns available for the investor
- Short 5 minute drive to Hobart CBD
Year Built: 1968
Heating: Mitsubishi heat pump
Listing description written by Alisha Mitchell, Petrusma Property Lindisfarne — reproduced as published, not verified by Districts.