Mornington, VIC 3931

Mornington, VIC 3931

Compare Part of Mornington Peninsula

45.56 km
Distance from CBD
18 k
Population

Auction Times

Sat 2 Jul
Auction Time Agency
3/32 Napier Street
3 2 2 Unit
2:00 PM
Sat 2nd Jul
Jellis Craig Bennison Mackinnon
Sat 9 Jul
Auction Time Agency
5 Bath Street
3 2 2 House
12:30 PM
Sat 9th Jul
NicholasLynch
6 Benambra Street
3 2 2 House
2:30 PM
Sat 9th Jul
O'Brien Real Estate
Median Sale Price
House
$1.14M
Updated on May 2022
2 BR
$802K
3 BR
$1.08M
4 BR
$1.31M
Unit
$750K
Updated on May 2022
1 BR
$671K
2 BR
$695K
3 BR
$955K
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 $5,200,000 531
2022
$1,220,000
+9.8% $675,000 $6,050,000 197
Median Sale Price
$1.17M
Based on 456 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
+14.1%
Current Median Price: $1,170,000
Previous Median Price: $1,005,000
Based on 933 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$580
Updated on May 2022
2 BR
$450
3 BR
$550
4 BR
$740
Unit
$495
Updated on May 2022
1 BR
$349
2 BR
$450
3 BR
$553
4 BR
$750
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 $1,868 360
2020
$500
+2.0% $310 $1,600 255
2021
$570
+12.3% $330 $1,800 246
2022
$600
+5.0% $360 $1,800 135
Median Rent Price
$600
per week
Based on 252 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+9.2%
Current Median Rent: $600
Previous Median Rent: $545
Based on 472 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $1,170,000
Current Median rent: $600
Based on 708 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)

Auction Results For Mornington

Houses sold in Last 12 months ends 25 Jun 2022

$1.13M

Median Sale Price

99%

Clearance Rate

319/323

Sold/Reported

$6.05M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 4
$2 M - $3 M 17
$1.8 M - $2 M 14
$1.6 M - $1.8 M 20
$1.4 M - $1.6 M 38
$1.2 M - $1.4 M 52
$1 M - $1.2 M
(Median Price Range)
64
$800 K - $1 M 64
$600 K - $800 K 36
$400 K - $600 K 2
less than $400 K 2

Schools closest to Mornington, VIC 3931

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