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
$1,200,000
Last sold
9 May 2022
4
Bedrooms
2
Bathrooms
14
Car spaces
2,793 m²
Land
206 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
$1,200,000
9 May 2022 · 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
+73.9%
Median sale
Suburb $690,000
-1.55 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.
Nearby
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 GlenorchyNestled in an elevated position among a stunning vista of beautifully manicured gardens sits this exceptionally presented and substantial family home that is packed with features!
As you enter the property you are instantly in awe of the immaculate presentation and quality design and construction of the property, complimented by large amounts of natural sunlight throughout.
The main accommodation provides level entry via the first entry or from the double garage granting internal access for convenience.
There is a master suite comprising a walk in robe, and there is an additional large second bedroom with a built in robe. The exceptionally designed bathroom features a large spa bath tub and a double vanity unit with a separate shower room and powder room within the combined space, perfect for larger families requiring additional space and with an added sense of grandeur.
As you make your way up to the elevated living area you will find floor to ceiling windows all double glazed with quality blinds allowing for privacy and the chance to take in the excellent urban and Mount Wellington views.
The kitchen is incredibly well equipped with quality Miele appliances and an integrated double fridge and induction cooktop. The living area is combined with the dining space and features TAS Oak flooring throughout whilst offering great indoor/outdoor flow to the solid outdoor deck, perfect for entertaining guests or having a BBQ.
The huge added bonus and appealing to all extensive families, people wanting dual accommodation options or larger families is the fully self contained apartment underneath comprising 2 bedrooms - both with built in robes, a main bathroom, a laundry and a combined living, dining and substantial kitchen, again fitted with quality Miele appliances.
The apartment provides multiple access points and great separation from the main living, suitable for Air BnB (STCA), elderly family members seeking some independence with care not too far away or a children/teenagers retreat.
Externally the property sits on a large parcel of land that comprises incredible nurtured gardens, vegetable patches, an additional double garage that can double as storage options and plenty of room to park caravans, boats and trailers via the dual access at the bottom of the property.
There is a large fenced grassed area, perfect for children and pets to play that backs onto a reserve giving you a sense of being far away from your neighbors!
There are multiple outdoor entertaining spots around the property that have scope to be undercover.
The location is perfect for those seeking the ultimate lifestyle property within 10-15 minutes of Hobart's CBD, which is certainly few and scarce in the current market! There are public transportation routes nearby on Cambridge Road, local public and private schools, childcare centre and pubs/motels. Just a 5 minute commute to Eastlands shopping centre where you can find a plethora of shops, eateries and common conveniences. A short trip to Hobart's Airport.
An inspection of this property is a must to fully appreciate what is on offer here! We encourage you to contact us to arrange your inspection by appointment.
Incredibly presented and unique substantial family home
Immaculately maintained and packed with features
Stunning Bob Mirowski build - custom design
Extensive and separate accommodation options
2x separate double garages, dual access points
Stunning garden vistas surrounding the home
Excellent location just 10 minutes to Hobart's CBD
Listing description written by Tegan Rainbird, Petrusma Property Glenorchy — reproduced as published, not verified by Districts.