Mornington, VIC 3931
Compare Part of Mornington Peninsula
45.56 km
Distance from Melbourne CBD
18 k
Population
Auction Times
Thu 21 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 865 Nepean Highway 0 0 0 Residential land | 7:00 PM Thu 21st Nov | Ray White |
Sat 23 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 42 Raglan Street 3 2 2 House | 12:30 PM Sat 23rd Nov | O'Brien Real Estate |
 | 9 Karina Street 3 2 2 House | 1:00 PM Sat 23rd Nov | Hocking Stuart |
 | 36 Parkside Crescent 4 2 2 House | 3:30 PM Sat 23rd Nov | O'Brien Real Estate |
Sun 24 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 12/17 Tanti Avenue 2 1 2 Apartment | 11:00 AM Sun 24th Nov | Whitefox Real Estate |
| 12/17 Tanti Avenue 2 1 2 Apartment | 11:00 AM Sun 24th Nov | Whitefox Real Estate |
 | 12/17 Tanti Avenue 2 1 2 Unit | 11:00 AM Sun 24th Nov | Whitefox Real Estate |
Sat 30 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 56 Van Ness Avenue 3 1 2 House | 11:00 AM Sat 30th Nov | Hocking Stuart |
 | 6/65 Herbert Street 3 1 1 Unit | 11:00 AM Sat 30th Nov | Century 21 Elite Real Estate |
 | 34 Beleura Hill Road 4 2 2 House | 11:00 AM Sat 30th Nov | McEwing Partners |
 | 1/19 Pitt Street 3 1 2 Unit | 2:00 PM Sat 30th Nov | Hocking Stuart |
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $435,000 | 0.0% | $152,000 | $4,000,000 | 363 |
| 2010 | $515,000 | +15.5% | $230,000 | $3,150,000 | 456 |
| 2011 | $520,000 | +1.0% | $95,000 | $8,050,000 | 419 |
| 2012 | $504,000 | -3.2% | $220,000 | $4,800,000 | 378 |
| 2013 | $515,000 | +2.1% | $137,000 | $2,250,000 | 568 |
| 2014 | $550,000 | +6.4% | $105,000 | $2,135,000 | 516 |
| 2015 | $627,500 | +12.4% | $230,000 | $2,650,000 | 459 |
| 2016 | $695,000 | +9.7% | $105,000 | $4,050,000 | 431 |
| 2017 | $798,000 | +12.9% | $110,000 | $6,500,000 | 426 |
| 2018 | $812,000 | +1.7% | $110,000 | $3,950,000 | 360 |
| 2019 | $800,000 | -1.5% | $200,000 | $3,300,000 | 389 |
| 2020 | $895,000 | +10.6% | $210,000 | $5,500,000 | 378 |
| 2021 | $1,100,000 | +18.6% | $470,000 | $13,500,000 | 532 |
| 2022 | $1,180,000 | +6.8% | $170,000 | $6,050,000 | 392 |
| 2023 | $1,102,000 | -7.1% | $180,000 | $7,250,000 | 342 |
| 2024 | $1,075,000 | -2.5% | $562,000 | $3,900,000 | 290 |
Median Sale Price
$1.1M
Based on 326 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
+2.7%
Current Median Price: $1,100,000
Previous Median Price: $1,070,000
Based on 671 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $385 | 0.0% | $230 | $1,800 | 229 |
| 2012 | $380 | -1.3% | $225 | $2,000 | 335 |
| 2013 | $395 | +3.8% | $220 | $1,560 | 360 |
| 2014 | $420 | +6.0% | $265 | $1,500 | 302 |
| 2015 | $420 | 0.0% | $235 | $1,400 | 400 |
| 2016 | $450 | +6.7% | $250 | $1,400 | 400 |
| 2017 | $450 | 0.0% | $250 | $1,660 | 361 |
| 2018 | $480 | +6.3% | $240 | $2,080 | 242 |
| 2019 | $490 | +2.0% | $300 | $1,868 | 361 |
| 2020 | $500 | +2.0% | $310 | $1,600 | 256 |
| 2021 | $570 | +12.3% | $330 | $1,800 | 247 |
| 2022 | $600 | +5.0% | $360 | $1,800 | 303 |
| 2023 | $650 | +7.7% | $350 | $2,100 | 294 |
| 2024 | $700 | +7.1% | $450 | $1,850 | 193 |
Median Rent Price
$700
per week
Based on 213 recorded rent within the last 12 months
Updated on 21 Nov 2024
Rent Price Growth
+10.0%
Current Median Rent: $700
Previous Median Rent: $630
Based on 519 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.3%
Current Median Price: $1,100,000
Current Median rent: $700
Based on 539 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Mornington
Houses sold in Last 12 months ends 16 Nov 2024
$1.19M
Median Sale Price
85%
Clearance Rate
22/26
Sold/Reported
$2.2M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 1 | |
| $1.8 M - $2 M | 1 | |
| $1.4 M - $1.6 M | 2 | |
| $1.2 M - $1.4 M | 3 | |
| $1 M - $1.2 M (Median Price Range) | 3 | |
| $600 K - $800 K | 5 | |
Similar Suburbs to Mornington 3931
Based on median house sale price sold in last 12 months
Schools closest to Mornington, VIC 3931
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Mornington Primary School | VALE STREETMornington 3931 | Primary | Government | 0.53 km |