Market snapshot
Suburb insights for Mornington3931
Change suburbMornington, 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 5 Milewa Ct, Mornington | 3 |  | House | Private Sale | 22/03/2026 | Belle Property Mount Eliza | |
| 18 Coral Rd, Mornington | 4 |  | House | Private Sale | 13/03/2026 | OBrien Real Estate | View |
Sales data
Median sale price
$1.3mil
Quarterly price change
10.3%
Metro Melbourne Comparison
$992k
1.9%
| Bedrooms | Mornington | Metro comparison |
|---|---|---|
| 2 | $728,500 | $950,000 |
| 3 | $930,000 | $863,000 |
| 4 | $1,350,000 | $980,500 |
| Insight | Mornington | Metro comparison |
|---|---|---|
| Clearance rate | 74.9% | |
| Days on market | 32 | 37 |
Rental data
Median weekly rent
$723
Rental yield
3.4%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Mornington | Metro comparison |
|---|---|---|
| 2 | $535 | $595 |
| 3 | $650 | $550 |
| 4 | $900 | $595 |
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