Market snapshot
Suburb insights for Mornington3931
Change suburbMornington 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 5 Melinga Cr, Mornington | 4 |  | House | Private Sale | 11/08/2025 | Warlimont & Nutt | View |
| 1/16 Neptune St, Mornington | 3 |  | House | Private Sale | 7/08/2025 | McEwing Partners | |
| 92 Exford Dr, Mornington | 3 |  | House | Auction Sale | 15/08/2025 | Ray White Frankston | View |
| 34 Carramar St, Mornington | 3 | | House | Sold Before Auction | 27/07/2025 | OBrien Real Estate | View |
| 20a Wellington St, Mornington | 3 | | House | Private Sale | 18/07/2025 | McEwing Partners | View |
Sales data
Median sale price
$940k
Quarterly price change
-11.9%
Metro Melbourne Comparison
$924k
0.4%
| Bedrooms | Mornington | Metro comparison |
|---|---|---|
| 2 | $745,000 | $890,000 |
| 3 | $922,500 | $815,000 |
| 4 | $1,187,500 | $950,000 |
| Insight | Mornington | Metro comparison |
|---|---|---|
| Clearance rate | 79.5% | |
| Days on market | 38 | 39 |
Rental data
Median weekly rent
$700
Rental yield
3.4%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Mornington | Metro comparison |
|---|---|---|
| 2 | $570 | $580 |
| 3 | $650 | $550 |
| 4 | $800 | $600 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.