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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 255 investment properties found in Mornington on realestateinvestar.com.au

3/23 Exford Dr, Mornington

$789,000

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Low-Maintenance Luxury, Brand New Build

Masterline Homes build presents a fantastic opportunity to secure a brand new, turnkey home in a sought-after Mornington setting - moments from shops, parks, schools and the coastline. This stylish single-level residence offers light-filled open plan living with split system heating and cooling, ...

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VIC 3931


2/76 Herbert St, Mornington

$625,000

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Walk to the Beach, Coastal Escape

Tucked away in one of the Mornington Peninsula's most sought-after pet friendly seaside pockets, this two-bedroom, single-level residence delivers an exceptional lifestyle opportunity just moments from the shoreline of Mills Beach, S.L Butler Reserve Dog Off Leash Area and handy Beleura Hill ...

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VIC 3931


1062 Nepean Hwy, Mornington

$850,000

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The Brief: Effortless Coastal Lifestyle

It's Addressed: Reimagined with a breezy simplicity that reflects Mornington's coastal position, this single-level home serves as a laid-back retreat for those who value convenience and accessibility. Hidden away behind an impressive entrance with an automated gate, the landscaped setting ...

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VIC 3931


22 Neptune St, Mornington

$1,000,000

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Prime Corner Opportunity in Blue-Chip Beachside Location.

Perfectly positioned just moments from vibrant Main Street and the safe sands of Fisherman's Beach, this 469sqm (approx.) corner property presents an exceptional opportunity in one of Mornington's most tightly held locations. Whether you're a developer seeking your next project (STCA), investor or ...

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VIC 3931


6 Birdwood Ave, Mornington

$1,895,000

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Priced to Sell Iconic Mornington Beachside Home

Serenaded by the gentle rhythm of waves rolling onto the nearby shore, this beautiful 1920s California bungalow delivers a captivating seaside oasis just 350 metres from Mills Beach. Nestled within a quiet coastal court and surrounded by established tranquil native gardens, the home blends the ...

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VIC 3931


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