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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 9.76% compared to last year and the average time to sell a house/townhouse is 83 days.The median listing price for units is $700,000 and this has changed 1.44% over the past year. The average unit takes 107 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

0.62%

Current vacancy rate


78

Rental stock available


23,987

Population


21.12%

Rental population


0.58%

Current vacancy rate


564

Rental stock available


154,997

Population


14.32%

Rental population


0.94%

Current vacancy rate


29,256

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 $1,350,000 $700,000
Median price change - last quarter -0.42% 0.00% 1.44%
Median price change - 1 year 3.91% 6.93% 1.44%
Median price change - 2 years 8.63% 22.72% -1.41%
  House Townhouses Units
Median weekly rent $680 $650 $525
Median yield % 2.95% 2.50% 3.90%
Median rent change - 1 year 9.67% 3.17% 6.06%
  House Units
Previous month sales 17 14
Stock on market previous month 180 64
Stock variance vs. last year 9.76% 16.36%
Average days on market 83 107

Mornington investment property listings

Showing 3 of 3 investment properties found in Mornington on realestateinvestar.com.au

33A Separation St, MORNINGTON

$1,300,000

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Townhouse

VIC 3931


23 Noah Cl, MORNINGTON

$1,100,000

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2

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6

House

VIC 3931


2/5 Moomba St, MORNINGTON

$800,000

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Unit

VIC 3931


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