Mornington, VIC 3931

Mornington, VIC 3931

Compare Part of Mornington Peninsula

45.56 km
Distance from CBD
18 k
Population
Median Sale Price
House
$880K
Updated on Aug 2020
2 BR
$628K
3 BR
$821K
4 BR
$1.02M
Unit
$607K
Updated on Aug 2020
1 BR
$483K
2 BR
$549K
3 BR
$725K
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
$810,000
+3.1% $110,000 $3,950,000 360
2019
$790,000
-2.5% $200,000 $2,700,000 383
2020
$860,000
+8.1% $452,000 $2,670,000 230
Median Sale Price
$850K
Based on 333 recorded sales within the last 12 months
Updated on 30 Sep 2020
Suburb Growth
+9.8%
Current Median Price: $850,000
Previous Median Price: $767,000
Based on 689 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$490
Updated on Aug 2020
2 BR
$400
3 BR
$450
4 BR
$550
Unit
$420
Updated on Aug 2020
1 BR
$355
2 BR
$380
3 BR
$495
4 BR
$645
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 $1,868 357
2020
$500
+2.0% $310 $1,600 203
Median Rent Price
$500
per week
Based on 288 recorded rent within the last 12 months
Updated on 30 Sep 2020
Rent Price Growth
+2.0%
Current Median Rent: $500
Previous Median Rent: $490
Based on 603 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.1%
Current Median Price: $850,000
Current Median rent: $500
Based on 621 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)

Auction Results For Mornington

Houses sold in Last 12 months ends 26 Sep 2020

$821K

Median Sale Price

92%

Clearance Rate

56/61

Sold/Reported

$2.67M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 3
$1.6 M - $1.8 M 2
$1.4 M - $1.6 M 4
$1.2 M - $1.4 M 4
$1 M - $1.2 M 5
$800 K - $1 M
(Median Price Range)
6
$600 K - $800 K 13
$400 K - $600 K 8

Schools closest to Mornington, VIC 3931

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