Rental market inMornington VIC 3931

The rental market

Median rent, history and gross-yield calculations for Mornington, VIC 3931.

Current rent

What it costs to rent here right now.

House (median)

$675/wk

Unit (median)

$535/wk

3 bedroom

$675/wk

2 bedroom

$535/wk

1 bedroom

Rental data as of September 2025· rental-vic

Investor view

Rental yield versus purchase price.

Median house price

$925,000

Median weekly rent

$675/wk

Gross rental yield

3.79%

Gross yield = (weekly rent × 52) ÷ median house price × 100. Does not account for expenses, vacancy, or management fees. Use the rental yield calculator for a net-yield estimate.

History

How rents have moved.

PeriodHouse medianUnit median
2025-Q3$675/wk$535/wk
2025-Q2$675/wk$533/wk
2025-Q1$675/wk$525/wk
2024-Q4$670/wk$520/wk
2024-Q3$661/wk$510/wk
2024-Q2$650/wk$500/wk
2024-Q1$630/wk$495/wk
2023-Q4$626/wk$490/wk
2023-Q3$620/wk$490/wk
2023-Q2$610/wk$480/wk
2023-Q1$600/wk$460/wk
2022-Q4$600/wk$460/wk
2022-Q3$600/wk$451/wk
2022-Q2$600/wk$450/wk
2022-Q1$580/wk$450/wk
2021-Q4$560/wk$425/wk
2021-Q3$550/wk$420/wk
2021-Q2$543/wk$415/wk
2021-Q1$510/wk$390/wk
2020-Q4$500/wk$380/wk

Active listings

Properties for rent in Mornington.

Browse current rental listings.

View rentals

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