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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 -4.18% over the past year and changed -14.64% over 2 years.

The median rent in Mornington for houses is $525 per week and the median rental yield is 5.06%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 76 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 $440 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 -4.18% NA NA
Median price change - 2 years -14.64% NA NA
  House Townhouses Units
Median weekly rent $525 $450 $440
Median yield % 5.06% NA NA
Median rent change - 1 year 0.96% 5.88% 10.00%
  House Units
Average days on market 76 NA

Mornington investment property listings

Showing 5 of 16 investment properties found in Mornington on realestateinvestar.co.nz

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 ...

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House

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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House

Otago 9011


6 Crosby St, Mornington

$595,000

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Kiwi Dreaming

This gem of a place has been turning heads for ages, and now it could be yours! Inside, it's all calming neutral colours, creating a chilled vibe throughout. The heart of the home is open plan living with three good-sized bedrooms - perfect for couples or families. Chilly in winter? ...

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House

Otago 9011


17 Hawthorn Ave, Mornington

$585,000

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Ultimate in Quality and Style

This charming double brick character home epitomises the romance of a bygone era. It has been fashionably modernised over the years to keep up with the styles of the day while still retaining its stunning features. Meticulously maintained by proud owners, featuring 3 double bedrooms, open plan ...

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House

Otago 9011


22 Cochrane St, Mornington

$539,000

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Guaranteed to Impress

Meticulously renovated with no expense spared, it's clear that every corner of 22 Cochrane Street exudes sophistication and modern elegance. With its convenient location just moments away from Mornington's hub and a short commute from Dunedin's vibrant centre, this home offers a perfect blend of ...

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House

Otago 9011


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