Thinking about buying in Mornington? Now could not be a better time, with 1473 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $412,000 with prices in this suburb ranging from $17,000 to $1,410,000. Mornington is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $365.63 |
Median Monthly Mortgage | $1434.00 |
Median Persons Per Bedroom | 0.78 |
Average Household Size | 2.25 |
Average Age | 39.63 |
Average Income | $727.25 |
Average Cars Per Dwelling | 1.75 |
Average Properties Within 50M | 11 |
1 Bed  $135,000 |
2 Bed  $487,000 |
3 Bed  $398,000 |
4 Bed  $459,000 |
5 Bed  $352,000 |
Consistent high demand relative to supply is a key feature in Mornington driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Mornington are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Mornington classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Mornington requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Mornington we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Mornington a better buying opportunity than it may have been in the past.
56 VAN NESS AV, MORNINGTON, VIC, 3931 | 3 | 1 | 2 | $1,075,000 - $1,175,000 | |
32 CAVERSHAM DR, MORNINGTON, VIC, 3931 | 4 | 2 | 2 | $875,000 - $960,000 | |
10 HILLRISE CT, MORNINGTON, VIC, 3931 | 3 | 1 | 1 | $860,000 -$920,000 | |
UNIT 4, 5 SHELLEY ST, MORNINGTON, VIC, 3931 | 3 | 2 | 1 | $880,000 - $960,000 | |
UNIT 7, 57 HERBERT ST, MORNINGTON, VIC, 3931 | 4 | 3 | 2 | $4,700,000 - $4,950,000 | |
11 NELSON ST, MORNINGTON, VIC, 3931 | 3 | 2 | 6 | $1,580,000 | |
9 KARINA ST, MORNINGTON, VIC, 3931 | 3 | 2 | 2 | $700,000 - $770,000 | |
UNIT 1, 12 SHELBOURNE CT, MORNINGTON, VIC, 3931 | 3 | 2 | 2 | $1,450,000 - $1,550,000 | |
UNIT 10, 32 SPRAY ST, MORNINGTON, VIC, 3931 | 2 | 2 | 1 | $570,000 - $630,000 | |
UNIT 7, 6 LUCERNE AV, MORNINGTON, VIC, 3931 | 2 | 1 | 1 | $695,000 | |
111 MAXWELL ST, MORNINGTON, VIC, 3931 | 4 | 2 | 3 | $1,000,000 - $1,100,000 | |
UNIT 8, 653-654 ESPLANADE, MORNINGTON, VIC, 3931 | 2 | 1 | 1 | $685,000 - $740,000 | |
UNIT 4A, 784 ESPLANADE, MORNINGTON, VIC, 3931 | 6 | 4 | 4 | 900000 | |
1 MORNING MIST CT, MORNINGTON, VIC, 3931 | 5 | 2 | 5 | $1,730,000 - $1,795,000 | |
9 PEARSON ST, MORNINGTON, VIC, 3931 | 4 | 2 | 2 | 770000 |
MacKillop Catholic College
Warrane Primary School
Corpus Christi Catholic School
Eastside Lutheran College
Bellerive Primary School
Rosny College
Clarence High School
Howrah Primary School
The Cottage School
Rose Bay High School
(While the above schools are located with the suburb of Mornington there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.5 | 14.2 | 25 | 46.1 | 86.8 | 2.4 | 22.2 |
May | 1.9 | 8.6 | 16.8 | 55.9 | 90.6 | 1.8 | 8.2 |
Jun | 2.5 | 7.3 | 14.6 | 62.7 | 92 | 1.9 | 6.7 |
Jul | 1.9 | 7.1 | 13.7 | 60.4 | 89.3 | 2.7 | 7.3 |
Aug | 2.2 | 8.1 | 15.3 | 56.5 | 90.8 | 2.5 | 10.7 |
Sept | 2.9 | 8.4 | 17.2 | 49.3 | 90.3 | 2.6 | 14.2 |
Oct | 2.5 | 10.2 | 18.7 | 54.3 | 89.6 | 2.5 | 16.7 |
Nov | 1.4 | 12.8 | 23.8 | 42.5 | 87.4 | 2.2 | 22 |
source: Australian Government Bureau of Meteorology
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