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Investment Property Mornington, VIC, 3931

Suburb Snapshot

Mornington is a suburb in the Mornington Peninsula Region of Victoria. Mornington has a population of 23,987 people and 21.12% of its occupants live in rental accommodation. The median listing price for houses is $1,195,000 and this has changed 3.91% over the past year and changed 8.63% over 2 years.

The median rent in Mornington for houses is $680 per week and the median rental yield is 2.95%. Stock on the market for houses/townhouses has changed -1.20% compared to last year and the average time to sell a house/townhouse is 85 days.The median listing price for units is $700,000 and this has changed 1.44% over the past year. The average unit takes 108 days to sell and the median rent for a unit in Mornington is $525 per week, producing a rental yield of 3.90%.

Supply & Demand in Mornington, Mornington Peninsula

0.53%

Current vacancy rate


66

Rental stock available


23,987

Population


21.12%

Rental population


0.56%

Current vacancy rate


541

Rental stock available


154,997

Population


14.32%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Mornington, Mornington Peninsula

  House Townhouses Units
Median listing price $1,195,000 $1,300,000 $700,000
Median price change - last quarter -0.42% 0.00% 1.44%
Median price change - 1 year 3.91% 0.00% 1.44%
Median price change - 2 years 8.63% 18.18% -1.41%
  House Townhouses Units
Median weekly rent $680 $650 $525
Median yield % 2.95% 2.60% 3.90%
Median rent change - 1 year 6.25% 2.36% 6.06%
  House Units
Previous month sales 20 9
Stock on market previous month 165 57
Stock variance vs. last year -1.20% 14.00%
Average days on market 85 108

Mornington investment property listings

Showing 5 of 184 investment properties found in Mornington on realestateinvestar.com.au

17 Ti-tree Grove, Mornington

$1,600,000

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The Brief: Family Beachside Living

A luxury beachside residence defined by extravagant dimensions and first-class outdoor living, this property is in a league of its own. Welcome to a grand design in a peaceful street walking distance to Port Phillip Bay, local shops, and parkland, and within a short drive of Main Street. This is ...

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VIC 3931


3/761-763 Esp, Mornington

$750,000

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Art Deco Esplanade Elegance

An esplanade address of genuine landmark status, this ground-level Caversham Court apartment stands as a quiet but assured expression of late-period work by C.G. MacKennal, completed in 1948 and holding its own against the enduring prestige of Fisherman's Beach directly opposite. Art Deco ...

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VIC 3931


11A Seaton Rd, Mornington

$1,250,000

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Nordic-Inspired Coastal Living in a Coveted Position

Nestled peacefully behind high hedging, this captivating home has had a superb makeover to provide easy-care modern living. A beautiful cohesiveness flows throughout the home with the use of durable X-Bond Micro cement, bringing light tones and a seamless tactile finish. Step into the spacious ...

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House

VIC 3931


30 Bungower Rd, Mornington

$730,000

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Opportunity knocking!

A beautifully refreshed home, offering comfort, space, and lifestyle in one of the Peninsula's most convenient locations. This charming three-bedroom residence has been given a new lease on life and is ready for its next family to move straight in and enjoy. Step inside to discover a functional ...

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VIC 3931


11 Karleen Ct, Mornington

$820,000

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Renovated Gem in Tranquil Court

Expressions of Interest close Tuesday 19 May 5.00pm (unless sold prior) Ideally located in the bowl of a tranquil Mornington cul-de-sac, close to shops, schools, transport and beaches, this three-bedroom single-level home has been expertly reimagined and beautifully refreshed delivering a ...

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VIC 3931


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