Mornington, VIC 3931
Compare Part of Mornington Peninsula
45.56 km
Distance from Melbourne CBD
18 k
Population
Auction Times
Sat 1 Feb | Auction Time | Agency | |
|---|---|---|---|
 | 150B Barkly Street 0 0 0 Residential land | 10:30 AM Sat 1st Feb | O'Brien Real Estate |
Median Sale Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 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 | $1,100,000 | -0.2% | $470,000 | $3,900,000 | 342 |
| 2025 | $1,040,000 | -5.8% | $916,000 | $1,660,000 | 8 |
Median Sale Price
$1.1M
Based on 343 recorded sales within the last 12 months
Updated on 22 Jan 2025
Suburb Growth
-0.9%
Current Median Price: $1,100,000
Previous Median Price: $1,110,000
Based on 676 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 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 | 242 |
| 2025 | - | - | - | - | - |
Median Rent Price
$700
per week
Based on 226 recorded rent within the last 12 months
Updated on 22 Jan 2025
Rent Price Growth
+7.1%
Current Median Rent: $700
Previous Median Rent: $650
Based on 528 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 569 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)
Auction Results For Mornington
Houses sold in Last 12 months ends 18 Jan 2025
$1.19M
Median Sale Price
83%
Clearance Rate
28/34
Sold/Reported
$2.7M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 2 | |
| $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) | 4 | |
| $600 K - $800 K | 6 | |
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 |