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Suburb Insights ยท TAS 7018

Mornington 7018, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Mornington is a well-established middle-ring suburb of Hobart, Australia, with a population of approximately 2,469, making it a boutique locality. Located approximately 6 km from the Hobart CBD, Mornington is a middle ring area in Tasmania. The median household income is $73,996 AUD per year (ABS 2021 Census).

Investment Score

54 / 100 Moderate

Mornington has a solid income profile that supports reliable occupancy rates. The short commute to the city centre is a key demand driver.

Location

Map shows Mornington, Tasmania, Australia.

Key Indicators

Postcode
7018

Official Australia Post postcode for Mornington. A postcode may cover multiple suburbs.

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Population
2,469

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$340/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$73,996/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
6 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,387/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
90% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Mornington's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $340/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,387/month. 90% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Holding property in Mornington over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Mornington can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

Limited buyer depth in Mornington makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Mornington property

Full Property Analysis

30-year projections for Mornington

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Property values in Mornington should hold firm in 2026, with gradual appreciation tied to infrastructure and population trends. Tenants in Mornington have options โ€” presenting well-maintained properties is key to minimising vacancy. Mornington offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Mornington a good suburb for investment?

Mornington is a middle ring area in Tasmania with a population of 2,469. The median rent is $340/week and the median household income is $73,996/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Mornington?

Key demand drivers in Mornington include established amenities and transport access. 90% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Mornington?

According to the ABS 2021 Census, Mornington has a population of approximately 2,469. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Mornington from the Hobart CBD?

Mornington is approximately 6 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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