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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 4 of 4 investment properties found in Mornington on realestateinvestar.com.au

6 Bayview Rd, Mornington

$670,000

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RENOVATE AND PROFIT !!!

Screaming with potential in a highly sought after location just a short walk to Main St with the trendy cafes, shops and restaurants. The home is sited on a cottage block of 389m2( approx) with street frontage. The original home has been extended and reconfigured to a generous open plan layout ...

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VIC 3931


23 Dorothy Cres, Mornington

$900,000

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Comfort, Space & Lifestyle in a Prime Mornington Pocket

Set on a generous 592m² (approx.) allotment in a quiet and well-regarded Mornington neighbourhood, this solid single-level home offers an outstanding opportunity for families, or investors seeking space, comfort, and long-term appeal. The home features a well-considered layout designed for ...

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VIC 3931


4 Tennis Ct, Mornington

$1,150,000

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The Brief: Family Living In A Quiet Court

Spacious, private, and set on a flat 825m2 (approx) allotment in a small court walking distance to Benton Junior College, this property is a masterclass in family living. Welcome to an all-seasons single-level sanctuary featuring 3 living rooms, off-street parking for the cars and the motorhome, ...

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VIC 3931


7 Wilsons Rd, Mornington

$1,500,000

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The Brief: Period Grace by Fisherman's Beach

Wake to bay views and stroll to the water from this elegant Circa 1911 single-level residence in a blue-chip beachside setting by Fisherman's Beach. This is a graceful period home introduced by a Federation-era facade and a generous front garden, and backdropped by a private courtyard terrace. It ...

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VIC 3931


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