Suburb Profile Report for Mornington QLD (4825)

Mornington House: Median price $247,500, Annual capital growth 0.32%, Number of sales 10, Weekly median advertised rent $300

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Mornington, 4825 ranked 808th in QLD when comparing growth in median property values or capital gain over the last 12 months. Mornington is one of 2415 in our list for QLD

The five-year average increase in median property values for Mornington,4825 has given property investors a potential capital gain of -33.47% across each of those five years.

Property investors looking for a bargain in Mornington should be aiming for at least -21.01% off the asking price, which is the average vendor discount being achieved at the moment.

At number 2920 in a list of fastest selling suburbs, Mornington is in the bottom 30% of suburbs in Australia with an average of days on market 107.1 for properties listed there.

Mornington is 53th on a list of best yielding suburbs for rents in QLD with a 6.30% return

Metrics i HOUSE UNIT
$247,500 N/A
N/A N/A
-11.61% N/A
0.32% N/A
$300 N/A
10 N/A
6.30% N/A
107.1 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 1918
Median household income ($/weekly) 1789
Median age of persons 30
Median housing loan repayment ($/monthly) 2040
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 227 11.8
    20-24 years 190 9.9
    25-34 years 426 22.2
    35-44 years 256 13.3
    45-54 years 246 12.8
    Others 573 29.9
    Age Group
    Census Count Percent(%)
    Not Married 518 43.5
    Registered Married 460 38.6
    Defacto Relationship 213 17.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1246 75.7
    Papua New Guinea 132 8.0
    Philippines 65 3.9
    United Kingdom 32 1.9
    Other 60 3.6
    Others 111 6.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 13 0.8
    Christianity 1101 69.4
    Hinduism 17 1.1
    Islam 12 0.8
    No Religion 433 27.3
    Others 10 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 38 6.6
    $1,500-$1,999 99 17.2
    $2,000-$2,499 61 10.6
    $2,500-$2,999 68 11.8
    $3,000-$3,499 57 9.9
    Others 252 43.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 765 58.5
    Not in the labour force 267 20.4
    Employed, worked part-time 146 11.2
    Employed, away from work 80 6.1
    Unemployed, looking for work 49 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 182 18.4
    Technicians & trades workers 197 19.9
    Community & personal service workers 102 10.3
    Clerical & administrative workers 99 10.0
    Machinery operators & drivers 161 16.3
    Others 249 25.2
    Occupation
    Census Count Percent(%)
    Pre-school 25 7.9
    Infants/Primary 138 43.5
    Secondary 78 24.6
    Technical or Further Educational Institution 32 10.1
    University or other Tertiary Institutions 36 11.4
    Others 8 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1049 66.1
    Flat, unit or apartment 400 25.2
    Semi-detached, row or terrace house, townhouse 108 6.8
    Caravan, cabin, houseboat 21 1.3
    Improvised home, tent, sleepers out 10 0.6
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 339 55.8
    Being purchased 170 28.0
    Fully owned 92 15.2
    Other tenure type 6 1.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals