Suburb Profile Report for Mornington QLD (4825)

Mornington House: Median price $250,000, Annual capital growth N/A, Number of sales 11, Weekly median advertised rent $295

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

Source: CoreLogic

  • House Report

With the median price for a house in Mornington being $250000 and the advertised rent reaching $295 the gross rental yield for property investors calculates out to be 6.14%

Metrics i HOUSE UNIT
$250,000 N/A
N/A N/A
N/A N/A
N/A N/A
$295 N/A
11 N/A
6.14% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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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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