
3931 VIC
Pricing and long-term growth profile for Mornington houses.
Median Price
$1.117M
# Sales
379
12M Growth
1.5%
10Y Ave Growth
5.7%
Owner occupier appeal — 73% owner-occupied — strong community stability and pride of ownership.
Proven growth — 5.7% average annual growth over 10 years.
Tight supply — Only 1.4% of stock on market — limited turnover supports price growth.
Pricing and long-term growth profile for Mornington houses.
Median Price
$1.117M
# Sales
379
12M Growth
1.5%
10Y Ave Growth
5.7%
Yield, rental pricing and vacancy performance for Mornington houses.
Weekly Rent
$722
Rental Yield
3.6%
Vacancy Rate
0.9%
Rentals Last 12M
258
Stock levels, days on market and selling conditions for Mornington.
Stock on Market
1.4%
Days on Market
26
Building Approvals
0.5%
Infrastructure Spend
—
Household profile, income strength and owner occupier mix in Mornington.
Population
25,759
Owner Occupiers
73%
Median Income
$75k
IRSAD Rank
65
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