Market snapshot

Suburb insights for Mornington3931

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Mornington is located 47 km south of the CBD. Mornington is one of the larger commercial centres on the Mornington Peninsula to Melbourne's south. This bayside suburb is traditionally a popular retirement area and has a number of aged care facilities. Mornington also has a large number of families living in the area especially in the new residential subdivisions on the eastern side of the Nepean Hwy. The suburb features the Mornington Racecourse and the Mornington Country Golf Club.

Recent sales and auction results in Mornington

AddressBedroomsPriceTypeMethodSale DateAgentListing
21 Karina St, MorningtonPriceHousePrivate Sale3/08/2025Warlimont & Nutt

Sales data

Median sale price
$940k
Quarterly price change
-11.9%
Metro Melbourne Comparison
$924k
0.4%
BedroomsMorningtonMetro comparison
2$745,000$890,000
3$922,500$815,000
4$1,187,500$950,000
InsightMorningtonMetro comparison
Clearance rate79.5%
Days on market3839

Rental data

Median weekly rent
$700
Rental yield
3.4%
Metro Melbourne Comparison
$580
3.3%
BedroomsMorningtonMetro comparison
2$570$580
3$650$550
4$800$600
Median data for the current quarter
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