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
2 Bayview Rd, Mornington3PriceHouseAuction Sale12/12/2025Carman Real EstateView
635 Esplanade , MorningtonPriceLandPassed in at Auction12/12/2025McEwing PartnersView
18 Downward St, Mornington3PriceHousePrivate Sale29/11/2025Warlimont & NuttView
145 Barkly St, Mornington5PriceHousePrivate Sale3/12/2025Warlimont & NuttView
29 Maxwell St, Mornington3PriceHousePrivate Sale27/11/2025OBrien Real Estate

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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