Rental supply is extremely tight while prices are accelerating. This structural imbalance favours continued growth.
VERDICT
BUY
Supply Constrained Growth
DEMAND
94 buyers/listing
Strong↑
LIQUIDITY
24d DOM
Strong↑
AFFORDABILITY
15.3% vs 5yr
Weak↓
GROWTH OUTLOOK
Good
Strong↑
YIELD
4.8%
Strong↑
SUPPLY PRESSURE
0.2% vacancy
Strong↑
#30/60GoodStructure 98Room to run$732K
Atlaso rates Mornington houses as BUY for capital growth. Vacancy is extremely tight at 0.16%, well below the 2.5% equilibrium. 66% of BUY-rated suburbs grew more than 8% in our validated testing.
At $732K, Mornington ranks #30 of 60 houses in Hobart. The long-term structural outlook is Good. Prices grew 17.1% over the past year, showing strong momentum.
OPPORTUNITY ENGINE
Structural opportunity remains selective at this price level.
5 stronger-positioned houses identified in Hobart.
Shifting to BuyersEarly signs of easing. Monitor for entry.
+11.8%
Asking Prices (3mo)
+12.3%
Rents (12mo)
0.2%
Vacancy
51%
Fresh Stock (<30d)
House Asking Prices (12 months)
$962K
House Weekly Rents (12 months)
$651/wk
Vacancy Rate (24 months)
--- 1.5% tight--- 3.0% loose
Listing Age (12 months)
Fresh (<30d)30-60d60-90d90-180d180d+
Data for postcode 7018.
Momentum Health
Room to run
16% stall probability
Mornington is growing at 17.1% annually with no signs of slowing. Vacancy remains tight and the suburb has not yet reached its affordability ceiling relative to Hobart.
STALL RISK16%
Suburb Profile
Mornington at a Glance
SEIFA Index
6/10
Above average
Household Income
$1,575/wk
Median household
Median Age
42
Years
Mortgage Stress
23%
of income
Population Growth
+2.5%
vs state +1.5%
Ownership Mix
46.3%owned33.1%mortgage18.3%renting
Demographic Trends
Mornington Over Time
Median Household Income (Census)
Population Growth Rate (Census)
Dwelling Composition (Census)
Rental Yield History
Census data: ABS. Yield series: weekly market data.
Full Mornington Analysis
Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.
3-Year Structural OutlookStrong
Conviction LevelHigh
Fair Value GapX.X% undervalued
3-Bed House Price$X,XXX,XXX
Gross YieldX.X%
Weekly Rent$XXX
SEIFA DecileX/10
Building ApprovalsXX dwellings
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Atlaso rates Mornington as BUY confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Mornington and 46 Australian cities to generate this rating.
What is the median house price in Mornington?
The current median house price in Mornington, tas is $732K, with annual growth of +13.4%. Properties sell in approximately 24 days.
How fast do properties sell in Mornington?
Properties in Mornington sell in 24 days on average. The market is currently rated Good. This is faster than the national average, indicating strong buyer demand.
What is the growth outlook for Mornington?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Mornington's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Mornington?
The gross rental yield for houses in Mornington is 4.8%. This is above the national average, making it attractive for yield-focused investors.
Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).