Mornington, VIC 3931

Mornington, VIC 3931

Compare Part of Mornington Peninsula

45.56 km
Distance from CBD
18 k
Population

Auction Times

Sat 20 Apr
 Auction Time Agency
6 Fitzgerald Street
3 1 2 House
1:30 PM
Sat 20th Apr		 O'Brien Real Estate
Fri 26 Apr
 Auction Time Agency
2A/28 Main Street
3 1 2 Unit
2:30 PM
Fri 26th Apr		 O'Brien Real Estate
Sat 27 Apr
 Auction Time Agency
6 Wood Street
3 1 1 House
11:00 AM
Sat 27th Apr		 Harcourts
Median Sale Price
House
-
Updated on Feb 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Feb 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
$1,100,111
 -7.3% $180,000 $7,250,000 342
2024
$1,135,000
 +3.1% $562,000 $2,250,000 83
Median Sale Price
$1.13M
Based on 330 recorded sales within the last 12 months
Updated on 19 Apr 2024
Suburb Growth
+1.3%
Current Median Price: $1,125,000
Previous Median Price: $1,110,000
Based on 688 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Feb 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 $2,100 293
2024
$675
 +3.7% $450 $1,800 62
Median Rent Price
$650
per week
Based on 280 recorded rent within the last 12 months
Updated on 19 Apr 2024
Rent Price Growth
+7.7%
Current Median Rent: $650
Previous Median Rent: $600
Based on 560 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3%
Current Median Price: $1,125,000
Current Median rent: $650
Based on 610 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)

Auction Results For Mornington

Houses sold in Last 12 months ends 13 Apr 2024

$1.24M

Median Sale Price

93%

Clearance Rate

51/55

Sold/Reported

$2.8M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 5
$1.8 M - $2 M 1
$1.4 M - $1.6 M 10
$1.2 M - $1.4 M
(Median Price Range)		 9
$1 M - $1.2 M 4
$800 K - $1 M 13
$600 K - $800 K 6

Schools closest to Mornington, VIC 3931

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