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.
| Metric | Calder | Mornington |
|---|---|---|
| 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 rate | 0.2% | 1.9% |
| Population | 231 | 2,469 |
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.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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