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 | |
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 |