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TAS › Mornington › Cambridge Rd

498 Cambridge Rd, Mornington TAS 7018

House

$824,000

Last sold

31 May 2023

4

Bedrooms

2

Bathrooms

4

Car spaces

1,634 m²

Land

179 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $824,000 (31 May 2023).(Recorded sale)
  • CalculationLand 1,634 m² against a 179 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Mornington (last 5 years) with land size: median $916/m² of land (n=63). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$824,000

31 May 2023 · 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.

See the full Mornington report →

Vs Mornington

+19.4%

Median sale

Suburb $690,000

-0.60 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$824,00031 May 2023
  2. Listedprice unknowncompleted17 Apr 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

TAS

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mornington in one glance

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.

See the full Mornington report →

Keep researching

  • Why Mornington? Read the area thesis →
  • What else is on the market in Mornington →
  • Other records on Cambridge Rd →

Listing material

Listed by Harcourts Signature Rosny

Private Family Sanctuary

Set back from the main road, with neighbouring serene bushland, this impressive Mornington property enjoys peace and privacy, coupled with modern style and spacious living in a highly convenient location.

Sumptuous family living comprises of a cosy sunken lounge room with a central Kent wood heater and plush carpeting to ensure complete comfort. Step up into the light-filled kitchen, with room to dine-in.

Delightful district views are visible from almost every room in the home, spanning the nearby bushland, rolling hills, and mountains. The residence enjoys abundant natural light from the enviable Eastern Shore sunshine throughout.

Read the full description

The contemporary culinary space comes fully equipped with modern appliances, Laminex benchtops, including an extra-large island bench, and plenty of storage within quality cabinetry.

Well-appointed accommodation consists of up to four bedrooms, with the fourth easily utilised as additional living space if required. Three bedrooms contain built-in wardrobes, and the master comes complete with a walk-in robe, and a stylish en-suite.

The spacious main bathroom servicing the home features a bath, shower, and a vanity. A separate toilet is located adjacent. The laundry benefits from ample storage with additional stowage space found within large closets throughout, and underneath the house. Solar panels contribute to the property's energy efficiency.

The property is nestled upon an expansive 1634m2 allotment, accessed via an internal driveway, with plenty of room for vehicle parking, caravans, and boats. The grounds are fenced, and feature landscaped gardens, with lush green lawns, and established trees, hedges, and florals. A garden shed is on-hand for the ease of outdoor care and storage.

Ideal for entertaining, an all-weather al fresco space extends from both the living and dining area. The timber deck is sheltered for year-round enjoyment overlooking the picturesque gardens and bushland surrounds. Within the grounds, a second outdoor entertaining space offers a private spot to relax around the firepit.

Ideally located to take full advantage of the many amenities and services of neighbouring Rosny, Bellerive, Howrah, and Glebe Hill, with spacious family living both inside and out amid peaceful surrounds, this impeccably presented home provides a superior level of comfort and convenience in Mornington.

• Spacious, family living filled with abundant sunshine

• Versatile floorplan with up to four bedrooms

• Private location with serene bushland surrounds

• Generous 1634m2 allotment with landscaped gardens

• Fabulous outdoor entertaining spaces

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

All timeframes and dimensions are approximates only

Listing description written by Candice Gottschalk, Harcourts Signature Rosny — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.