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
14 Illowa St, Mornington3PriceHousePrivate Sale3/03/2026Homes & Acreage
5/17 Van Ness Av, Mornington2PriceUnitPrivate Sale25/02/2026Marshall WhiteView
1/28 Lucerne Av, Mornington2PriceUnitPrivate Sale11/02/2026First National RE BennettsView
4 Beleura Hill Rd, Mornington0PriceLandPassed in at Auction13/03/2026McEwing PartnersView
Boatshed 33 Shire Hall Beach, Mornington1PriceBoat House/BoatshedPrivate Sale2/03/2026Warlimont & Nutt
2/17 Naples St, Mornington2PriceUnitPrivate Sale1/03/2026McEwing PartnersView
9/17 Tanti Av, Mornington3PriceHousePrivate Sale1/03/2026Seachange Property Real EstateView
1/5 Ti-Tree Gr, Mornington3PriceHousePrivate Sale27/02/2026Marshall WhiteView
28A Mitchell St, Mornington4PriceTownhousePrivate Sale20/02/2026Seachange Property Real EstateView
1/792 Nepean Hwy, Mornington3PriceHousePrivate Sale31/01/2026Seachange Property Real EstateView

Sales data

Median sale price
$1.2mil
Quarterly price change
7.5%
Metro Melbourne Comparison
$974k
1.8%
BedroomsMorningtonMetro comparison
2$745,000$940,000
3$916,000$851,000
4$1,280,000$970,000
InsightMorningtonMetro comparison
Clearance rate76.5%77.8%
Days on market3436

Rental data

Median weekly rent
$700
Rental yield
3.3%
Metro Melbourne Comparison
$580
3.2%
BedroomsMorningtonMetro comparison
2$550$585
3$650$550
4$850$600
Median data for the current quarter
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