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Investment Property Mornington, Otago

Suburb Snapshot

Mornington is a suburb in the Dunedin Region of Otago. Mornington has a population of 2,274 people and 34.65% of its occupants live in rental accommodation. The median listing price for houses is $539,000 and this has changed -1.82% over the past year and changed -16.69% over 2 years.

The median rent in Mornington for houses is $530 per week and the median rental yield is 5.11%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 71 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Mornington is $430 per week, producing a rental yield of NA.

Supply & Demand in Mornington, Dunedin

119,571

Population


29.60%

Rental population


202,732

Population


29.35%

Rental population


This is information is brought to you by realestateinvestar.co.nz - The online home for property investors

Statistical data for Mornington, Dunedin

  House Townhouses Units
Median listing price $539,000 NA NA
Median price change - last quarter 3.85% NA NA
Median price change - 1 year -1.82% NA NA
Median price change - 2 years -16.69% NA NA
  House Townhouses Units
Median weekly rent $530 NA $430
Median yield % 5.11% NA NA
Median rent change - 1 year 0.95% NA 7.50%
  House Units
Average days on market 71 NA

Mornington investment property listings

Showing 5 of 17 investment properties found in Mornington on realestateinvestar.co.nz

8 Durham St, Mornington

$439,000

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A Fresh Start Awaits | Discover Potential

Step into the charm and potential of 8 Durham Street in the heart of Mornington, a character-filled 3-bedroom home that beckons with promise and opportunity. With a brand new roof, fresh wiring, and a newly painted exterior, this residence stands ready for its next chapter. Imagine the ...

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Otago 9011


36 Whitby St, Mornington

$545,000

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Make your mark in Mornington

36 Whitby street offers the opportunity to buy into the desirable and fast growing suburb of Mornington. The nearby hospitality and retail hub offers everything from an artisanal coffee roastery to classic fish and chips. An extremely popular area for families, there are parks, playgrounds and ...

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House

Otago 9011


24 Cochrane St, Mornington

$505,000

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Spectacular Sea Views: Your Ideal Home Awaits

Deadline Sale 2pm, Thursday 9th May 2024 (No prior offers) Enjoy panoramic sea views in this charming character home! Nestled close to town and Mornington shops, this spacious property offers abundant natural light throughout. With a new hot water cylinder on wetback and a convenient laundry with ...

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House

Otago 9011


71 Eglinton Rd, Mornington

$759,000

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Completely Refurbished, Spacious & Central

Seldom found, there aren't many six bedroom properties available in the marketplace and certainly not with this level of style and sophistication. Still exhibiting some beautiful character attributes, modern enhancements now service comfortable living with the new appliances, new carpet and fresh ...

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Otago 9011


10 Argyle St, Mornington

$589,000

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Charming Character Villa: Modernised in Mornington

Auction Location: LJ Hooker Dunedin Office, 63 Musselburgh Rise. Positioned on the hill in the heart of Mornington, this spacious villa has been thoughtfully upgraded to offer the perfect blend of character and modern living. Offering a flexible floor plan, the current configuration of ...

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Otago 9011


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