Mornington, VIC 3931

Mornington, VIC 3931

Compare Part of Mornington Peninsula

45.56 km
Distance from CBD
18 k
Population

Auction Times

Sat 20 Jul
Auction Time Agency
8 Griggs Court
3 1 4 House
1:30 PM
Sat 20th Jul
O'Brien Real Estate
25 Maxwell Street
3 2 2 House
2:30 PM
Sat 20th Jul
O'Brien Real Estate
Sat 27 Jul
Auction Time Agency
32 MacDonald Grove
4 2 6 House
1:30 PM
Sat 27th Jul
Eview Real Estate Pty Ltd
Median Sale Price
House
$770K
Updated on May 2019
2 BR
$640K
3 BR
$698K
4 BR
$1M
Unit
$615K
Updated on May 2019
1 BR
$550K
2 BR
$527K
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
$512,000
+1.6% $137,000 $2,250,000 568
2014
$550,000
+6.9% $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
$810,000
+3.1% $110,000 $3,950,000 360
2019
$725,000
-11.7% $200,000 $2,020,000 174
Median Sale Price
$750K
Based on 314 recorded sales within the last 12 months
Updated on 17 Jul 2019
Suburb Growth
-9.3%
Current Median Price: $750,000
Previous Median Price: $820,000
Based on 733 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jun 2019)
Price Range Segments (12 months ending Jun 2019)
Median Weekly Rent Price
House
$400
Updated on Jun 2019
2 BR
$350
3 BR
$395
4 BR
$500
Unit
$375
Updated on Jun 2019
1 BR
$275
2 BR
$340
3 BR
$460
4 BR
$630
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 $1,660 359
2018
$480
+6.3% $240 $2,080 239
2019
$495
+3.0% $300 $1,385 175
Median Rent Price
$490
per week
Based on 266 recorded rent within the last 12 months
Updated on 17 Jul 2019
Rent Price Growth
+4.1%
Current Median Rent: $490
Previous Median Rent: $470
Based on 559 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.4%
Current Median Price: $750,000
Current Median rent: $490
Based on 580 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jun 2019)

Auction Results For Mornington

Houses sold in Last 12 months ends 13 Jul 2019

$720K

Median Sale Price

77%

Clearance Rate

96/125

Sold/Reported

$3.85M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 1
$2 M - $3 M 3
$1.8 M - $2 M 1
$1.6 M - $1.8 M 1
$1.4 M - $1.6 M 5
$1.2 M - $1.4 M 6
$1 M - $1.2 M 3
$800 K - $1 M 10
$600 K - $800 K
(Median Price Range)
25
$400 K - $600 K 24
less than $400 K 1

Schools closest to Mornington, VIC 3931

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