Mornington, VIC 3931
Mornington Peninsula Shire CouncilAll suburbs in postcode 3931
Updated
Median house price
$925,000
Median · Land Victoria · the latest published quarter (updated May 2026)
Selling in Mornington?
Get the free selling guide, personalised to Mornington, or ask for a free appraisal from a local agent.
Mornington at a glance
- Median unit
- $775,000
- Weekly rent
- $675
- Houses · units $535
Prices: Median · Land Victoria · the latest published quarter (updated May 2026) · Rent: Victorian rental report, September 2025
House prices in Mornington
Houses change hands at $925,000 on a typical sale, in line with the Victoria median. Units come in around $775,000, roughly 16% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $185,000. Prices are in line with the Victoria median, so the broader state lending settings apply.
Rental data as of September 2025· Victorian rental report
Free appraisal in Mornington
What’s your home worth in Mornington?
Ask us to introduce one participating agent who sells in your area for an appraisal backed by recent comparable sales. Only with your permission, and no commitment to list.
What to know about Mornington
Mornington (3931) sits in the Mornington Peninsula region of Victoria. The median house here is $925,000, in line with the Victoria median of around $850K.
The area is somewhat walkable for a typical errand run, but a car still helps for grocery runs and weekend trips.
What it’s like to live here
Mornington scores 56/100 on walkability, which makes it somewhat walkable with limited public transport. A short drive opens up most amenities; a car-light household is workable but not optimal.
Summer days here average around 24°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 737 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 11 government primary, 2 government secondary, 3 Catholic, 3 independent.
Schools in Mornington
Schools serving Mornington: government first, then Catholic and independent.
Government schools
© ACARA, licensed under CC BY 4.0.
Location
Walkability
- Walk
- 56/100
- Transit
- 0/100
- Bike
- 100/100
Somewhat walkable. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
Investment overview
Gross rental yield on houses sits at 3.79% (median rent $675/wk against a $925,000 price tag). Units yield 3.59% gross, often the better cash-flow play for first-time investors.
- Gross yield, housesSource: Land Victoria / DTP · May 2026
- 3.79%
- On the $925,000 median
- Gross yield, unitsSource: Land Victoria / DTP · May 2026
- 3.59%
- On the $775,000 median
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
1,284 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of December 2026
Weather year-round
- Annual rainfall
- 737 mm
- Hottest month, avg max
- 24.5°C
- Coldest month, avg min
- 7.2°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Mornington
- What is the median house price in Mornington?
- The median house price in Mornington, VIC 3931 is $925,000 (Land Victoria's quarterly suburb median, the latest published quarter (updated May 2026)). The median unit price is $775,000.
- How much is my house worth in Mornington?
- A useful starting point is the Mornington median house price of $925,000 (units $775,000). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Mornington a good investment?
- On the published figures, the gross rental yield on houses in Mornington is 3.8%: the median weekly house rent is $675 (Victorian rental report, September 2025) against the median house price of $925,000 (Land Victoria, the latest published quarter, updated May 2026). No 12-month price change is published for Mornington: the Land Victoria figures we hold do not measure one. Whether Mornington is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Mornington postcode?
- Mornington is in the 3931 postcode, in VIC, in the Mornington Peninsula Shire Council region.
- Where is Mornington?
- Mornington is a suburb in the Mornington Peninsula Shire Council area, VIC 3931.
- What is the average rent in Mornington?
- The median weekly rent for houses is $675, for units it's $535.
- What schools are in Mornington?
- There are 20 schools serving Mornington on this page, including Mornington Park Primary School, Mornington Special Developmental School, St Macartan's School.
- How walkable is Mornington?
- Mornington has a Walk Score of 56 out of 100, somewhat walkable. transit score 0, bike score 100.
- What suburbs are near Mornington?
- Mornington is close to Mount Eliza, Kunyung, Moorooduc, Mount Martha, Tuerong.
Selling in Mornington? Get the free selling guide
What selling costs, how agents price homes, what to ask them and a 12-week plan to settlement, personalised to Mornington. A free PDF, in about a minute.
More on Mornington and nearby
Mornington
Nearby suburbs
Compare side by side
Selling in VIC
Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.