Mornington, VIC 3931

Mornington, VIC 3931

Compare Part of Mornington Peninsula

45.56 km
Distance from CBD
18 k
Population
Median Sale Price
House
$900K
Updated on Dec 2020
2 BR
$599K
3 BR
$821K
4 BR
$1.02M
Unit
$619K
Updated on Dec 2020
1 BR
$450K
2 BR
$556K
3 BR
$745K
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
$512,000
+15.0% $230,000 $3,150,000 456
2011
$520,000
+1.5% $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
$785,000
+11.5% $110,000 $6,500,000 426
2018
$810,100
+3.1% $110,000 $3,950,000 360
2019
$790,000
-2.5% $200,000 $2,700,000 383
2020
$867,000
+8.9% $452,000 $3,400,000 359
2021
$1,030,000
+15.8% $620,000 $1,840,000 17
Median Sale Price
$880K
Based on 355 recorded sales within the last 12 months
Updated on 25 Jan 2021
Suburb Growth
+9.1%
Current Median Price: $880,000
Previous Median Price: $800,000
Based on 736 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$498
Updated on Dec 2020
2 BR
$400
3 BR
$455
4 BR
$565
Unit
$440
Updated on Dec 2020
1 BR
$310
2 BR
$380
3 BR
$500
4 BR
$695
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
$445
+5.6% $250 $1,400 400
2017
$450
+1.1% $250 $1,660 361
2018
$480
+6.3% $240 $2,080 241
2019
$490
+2.0% $300 $1,868 358
2020
$500
+2.0% $310 $1,600 251
2021
-
- - - -
Median Rent Price
$500
per week
Based on 240 recorded rent within the last 12 months
Updated on 25 Jan 2021
Rent Price Growth
+1.0%
Current Median Rent: $500
Previous Median Rent: $495
Based on 589 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3%
Current Median Price: $880,000
Current Median rent: $500
Based on 595 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)

Auction Results For Mornington

Houses sold in Last 12 months ends 23 Jan 2021

$870K

Median Sale Price

98%

Clearance Rate

101/104

Sold/Reported

$3.4M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 1
$2 M - $3 M 5
$1.8 M - $2 M 2
$1.6 M - $1.8 M 4
$1.4 M - $1.6 M 6
$1.2 M - $1.4 M 13
$1 M - $1.2 M 6
$800 K - $1 M
(Median Price Range)
18
$600 K - $800 K 27
$400 K - $600 K 11

Schools closest to Mornington, VIC 3931

School name Address Type Sector Distance
Mornington Primary School VALE STREETMornington 3931 Primary Government 0.53 km