Mornington, VIC 3931
Compare Part of Mornington Peninsula
45.56 km
Distance from Melbourne CBD
18 k
Population
Auction Times
Sat 3 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 44 Bayview Road 3 1 2 House | 11:30 AM Sat 3rd Dec | O'Brien Real Estate |
 | 6 Rothesay Avenue 2 2 2 House | 3:00 PM Sat 3rd Dec | Century 21 Elite Real Estate |
Sat 10 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 52 Shandon Street 4 2 0 House | 1:30 PM Sat 10th Dec | Harcourts |
 | 65 Carnoustie Grove 4 2 2 House | 3:00 PM Sat 10th Dec | Harcourts |
Median Sale Price
House
-
Updated on Oct 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2022
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 | $5,200,000 | 531 |
| 2022 | $1,181,000 | +6.9% | $170,000 | $6,050,000 | 358 |
Median Sale Price
$1.18M
Based on 399 recorded sales within the last 12 months
Updated on 2 Dec 2022
Suburb Growth
+6.8%
Current Median Price: $1,180,000
Previous Median Price: $1,100,000
Based on 929 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2022)
Price Range Segments (12 months ending Nov 2022)
Median Weekly Rent Price
House
-
Updated on Oct 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2022
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 | $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 | 257 |
Median Rent Price
$600
per week
Based on 271 recorded rent within the last 12 months
Updated on 2 Dec 2022
Rent Price Growth
+8.3%
Current Median Rent: $600
Previous Median Rent: $550
Based on 507 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.6%
Current Median Price: $1,180,000
Current Median rent: $600
Based on 670 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2022)
Auction Results For Mornington
Houses sold in Last 12 months ends 26 Nov 2022
$1.18M
Median Sale Price
100%
Clearance Rate
283/283
Sold/Reported
$6.05M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 3 | |
| $2 M - $3 M | 21 | |
| $1.8 M - $2 M | 21 | |
| $1.6 M - $1.8 M | 16 | |
| $1.4 M - $1.6 M | 35 | |
| $1.2 M - $1.4 M | 37 | |
| $1 M - $1.2 M (Median Price Range) | 68 | |
| $800 K - $1 M | 44 | |
| $600 K - $800 K | 26 | |
| 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 |