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Calder vs Mornington

Property investment comparison - Calder, TAS 7325 vs Mornington, TAS 7018

Head-to-head across core investment metrics: Calder wins 2, Mornington wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricCalderMornington
Median house price$705K$705K
Median unit price$440K-
Gross rental yield (houses)3.43%4.40%
Gross rental yield (units)5.02%4.77%
1-year house growth-+16.7%
3-year house growth-+17.8%
Vacancy rate0.2%1.9%
Population2312,469

Calder vs Mornington: what the numbers say

Houses cost about the same in both suburbs: the median house price is $705K in Calder and $705K in Mornington.

On cash flow, Mornington leads: houses there return a gross rental yield of 4.40%, compared with 3.43% in Calder, a gap of 0.97 percentage points.

Rental vacancy is 0.2% in Calder and 1.9% in Mornington, so landlords in Calder face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Mornington is the bigger suburb, with a population of 2,469 against 231, roughly 11 times the size of Calder; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Mornington for rental income, Calder for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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