Mornington, VIC 3931
Compare Part of Mornington Peninsula
45.56 km
Distance from Melbourne CBD
18 k
Population
Auction Times
Sun 18 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 48 Carramar Street 3 1 2 House | 11:00 AM Sun 18th Apr | Ray White |
Fri 23 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 119 Tanti Avenue 3 1 6 House | 2:30 PM Fri 23rd Apr | Upside |
Sat 24 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 1/28 Adelaide Street 3 1 2 Villa | 11:30 AM Sat 24th Apr | Marshall White Mornington Peninsula |
 | 7/88-92 Tanti Avenue 2 2 2 Unit | 11:30 AM Sat 24th Apr | O'Brien Real Estate |
 | 37 Waltham Drive 4 2 2 House | 1:30 PM Sat 24th Apr | O'Brien Real Estate |
| 37 Waltham Drive 4 2 2 House | 1:30 PM Sat 24th Apr | O'Brien Real Estate |
 | 41 Caraar Creek Lane 4 3 2 House | 2:00 PM Sat 24th Apr | McEwing Partners |
Sat 1 May | Auction Time | Agency | |
|---|---|---|---|
 | 18 Vale Street 3 2 1 House | 11:00 AM Sat 1st May | Jacobs & Lowe |
 | 8 Summerfield Drive 4 2 3 House | 1:30 PM Sat 1st May | Eview Real Estate Pty Ltd |
 | 1 Neptune Street 3 3 1 House | 2:00 PM Sat 1st May | Hocking Stuart |
 | 12A Olive Street 3 2 2 Townhouse | 3:30 PM Sat 1st May | Hocking Stuart |
Median Sale Price
House
$916K
Updated on Feb 2021
2 BR $597K | 3 BR $860K | 4 BR $1.05M |
Unit
$649K
Updated on Feb 2021
1 BR $450K | 2 BR $558K | 3 BR $759K |
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 | $1,005,000 | +13.7% | $535,000 | $5,200,000 | 159 |
Median Sale Price
$930K
Based on 423 recorded sales within the last 12 months
Updated on 18 Apr 2021
Suburb Growth
+11.3%
Current Median Price: $930,000
Previous Median Price: $825,000
Based on 798 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2021)
Price Range Segments (12 months ending Mar 2021)
Median Weekly Rent Price
House
$500
Updated on Mar 2021
2 BR $400 | 3 BR $480 | 4 BR $565 |
Unit
$450
Updated on Mar 2021
1 BR $375 | 2 BR $400 | 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 | 359 |
| 2020 | $500 | +2.0% | $310 | $1,600 | 252 |
| 2021 | $550 | +9.1% | $330 | $1,800 | 54 |
Median Rent Price
$505
per week
Based on 203 recorded rent within the last 12 months
Updated on 18 Apr 2021
Rent Price Growth
+2.0%
Current Median Rent: $505
Previous Median Rent: $495
Based on 551 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.8%
Current Median Price: $930,000
Current Median rent: $505
Based on 626 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2021)
Auction Results For Mornington
Houses sold in Last 12 months ends 17 Apr 2021
$955K
Median Sale Price
100%
Clearance Rate
215/216
Sold/Reported
$5.2M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 4 | |
| $2 M - $3 M | 7 | |
| $1.8 M - $2 M | 7 | |
| $1.6 M - $1.8 M | 11 | |
| $1.4 M - $1.6 M | 15 | |
| $1.2 M - $1.4 M | 33 | |
| $1 M - $1.2 M | 20 | |
| $800 K - $1 M (Median Price Range) | 52 | |
| $600 K - $800 K | 51 | |
| $400 K - $600 K | 9 | |
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 |