Mornington, VIC 3931

Mornington, VIC 3931

Compare Part of Mornington Peninsula

45.56 km
Distance from CBD
18 k
Population

Auction Times

Sat 22 Feb
Auction Time Agency
12 Fitzgerald Street
4 1 3 House
1:00 PM
Sat 22nd Feb
Community Real Estate
1076 Nepean Highway
3 1 4 House
1:30 PM
Sat 22nd Feb
O'Brien Real Estate
49 Carramar Street
0 0 0 Residential land
4:30 PM
Sat 22nd Feb
NicholasLynch
Sat 29 Feb
Auction Time Agency
11 Channel Street
3 2 2 House
11:00 AM
Sat 29th Feb
McEwing Partners
167 Barkly Street
3 2 2 House
12:30 PM
Sat 29th Feb
Hocking Stuart
12 Samuel Way
4 2 2 House
1:30 PM
Sat 29th Feb
NicholasLynch
Median Sale Price
House
$818K
Updated on Jan 2020
2 BR
$590K
3 BR
$773K
4 BR
$930K
Unit
$650K
Updated on Jan 2020
1 BR
$550K
2 BR
$513K
3 BR
$743K
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
$856,000
+7.7% $490,000 $1,937,500 41
Median Sale Price
$810K
Based on 375 recorded sales within the last 12 months
Updated on 22 Feb 2020
Suburb Growth
+0.9%
Current Median Price: $810,000
Previous Median Price: $803,000
Based on 729 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$410
Updated on Jan 2020
2 BR
$340
3 BR
$410
4 BR
$495
Unit
$390
Updated on Jan 2020
1 BR
$140
2 BR
$350
3 BR
$460
4 BR
$635
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 $1,868 355
2020
$510
+3.9% $330 $800 8
Median Rent Price
$495
per week
Based on 320 recorded rent within the last 12 months
Updated on 22 Feb 2020
Rent Price Growth
+3.0%
Current Median Rent: $495
Previous Median Rent: $480
Based on 572 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.2%
Current Median Price: $810,000
Current Median rent: $495
Based on 695 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)

Auction Results For Mornington

Houses sold in Last 12 months ends 15 Feb 2020

$740K

Median Sale Price

84%

Clearance Rate

126/150

Sold/Reported

$2.02M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 2
$1.8 M - $2 M 1
$1.4 M - $1.6 M 5
$1.2 M - $1.4 M 4
$1 M - $1.2 M 10
$800 K - $1 M 14
$600 K - $800 K
(Median Price Range)
29
$400 K - $600 K 23
less than $400 K 1

Schools closest to Mornington, VIC 3931

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