Market snapshot

Suburb insights for Mornington3931

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Mornington, approximately 70 km southeast of Melbourne, is a vibrant bayside town offering a perfect blend of lifestyle, commerce, and coastal beauty. Known for its beaches, cafés, schools, and shopping strips, it appeals to families, professionals, and retirees. The strong local economy and amenity-rich setting make it a standout on the Peninsula.

Recent sales and auction results in Mornington

AddressBedroomsPriceTypeMethodSale DateAgentListing
118/98 Bungower Rd, Mornington2PriceRetirement Village Individual Flat/UnitPrivate Sale16/11/2025Area Specialist KeysboroughView
916 Nepean Hwy, Mornington3PriceHousePrivate Sale4/11/2025Area Specialist KeysboroughView
17 Emarald Cl, Mornington4PriceHousePrivate Sale16/11/2025Marshall WhiteView
9 Fulton Av, Mornington3PriceHousePrivate Sale26/10/2025Warlimont & NuttView
84A Venice St, Mornington4PriceHousePrivate Sale20/10/2025Warlimont & NuttView

Sales data

Median sale price
$1.1mil
Quarterly price change
11.7%
Metro Melbourne Comparison
$955k
2.7%
BedroomsMorningtonMetro comparison
2$741,000$910,000
3$922,500$830,000
4$1,245,000$951,500
InsightMorningtonMetro comparison
Clearance rate71.4%81.4%
Days on market3636

Rental data

Median weekly rent
$695
Rental yield
3.3%
Metro Melbourne Comparison
$580
3.3%
BedroomsMorningtonMetro comparison
2$530$580
3$635$550
4$850$600
Median data for the current quarter

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