Mornington, VIC 3931

Mornington, VIC 3931

Compare Part of Mornington Peninsula

45.56 km
Distance from CBD
18 k
Population

Auction Times

Sat 26 Jun
Auction Time Agency
6/32 Adelaide Street
2 1 1 Unit
11:30 AM
Sat 26th Jun
Eview Real Estate Pty Ltd
1 Hoylake Grove
2 2 0 House
11:30 AM
Sat 26th Jun
Hocking Stuart
4 Downward Street
3 2 2 House
1:30 PM
Sat 26th Jun
Marshall White Mornington Peninsula
Sat 3 Jul
Auction Time Agency
10 Seaview Avenue
3 2 2 House
11:00 AM
Sat 3rd Jul
McEwing Partners
5 Brimbrim Crescent
4 2 3 House
11:30 AM
Sat 3rd Jul
O'Brien Real Estate
9 Lorikeet Court
3 1 2 House
11:30 AM
Sat 3rd Jul
O'Brien Real Estate
1078 Nepean Highway
3 1 2 House
12:00 PM
Sat 3rd Jul
Jones luppino Real Estate
Median Sale Price
House
$955K
Updated on Apr 2021
2 BR
$652K
3 BR
$880K
4 BR
$1.14M
Unit
$678K
Updated on Apr 2021
1 BR
$430K
2 BR
$560K
3 BR
$800K
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
$1,070,000
+19.0% $470,000 $5,200,000 241
Median Sale Price
$970K
Based on 448 recorded sales within the last 12 months
Updated on 21 Jun 2021
Suburb Growth
+13.4%
Current Median Price: $970,000
Previous Median Price: $840,000
Based on 811 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2021)
Price Range Segments (12 months ending May 2021)
Median Weekly Rent Price
House
$500
Updated on May 2021
2 BR
$410
3 BR
$495
4 BR
$590
Unit
$460
Updated on May 2021
1 BR
$355
2 BR
$420
3 BR
$520
4 BR
$708
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 99
Median Rent Price
$530
per week
Based on 190 recorded rent within the last 12 months
Updated on 21 Jun 2021
Rent Price Growth
+7.5%
Current Median Rent: $530
Previous Median Rent: $490
Based on 527 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.8%
Current Median Price: $970,000
Current Median rent: $530
Based on 638 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2021)

Auction Results For Mornington

Houses sold in Last 12 months ends 19 Jun 2021

$1.06M

Median Sale Price

99%

Clearance Rate

272/275

Sold/Reported

$5.2M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 6
$2 M - $3 M 10
$1.8 M - $2 M 9
$1.6 M - $1.8 M 19
$1.4 M - $1.6 M 25
$1.2 M - $1.4 M 44
$1 M - $1.2 M
(Median Price Range)
30
$800 K - $1 M 59
$600 K - $800 K 56
$400 K - $600 K 9

Schools closest to Mornington, VIC 3931

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