Side by sideSuburb comparison

Mornington vs Mount Eliza.

Comparing two suburbs with median house prices of $925,000 and $1,650,000. Mornington edges out on more headline metrics in this comparison.

Mornington (median $925,000) is roughly 44% cheaper to buy into than Mount Eliza ($1,650,000).

Mornington scores higher on walkability (56/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Mornington (1066) sits above Mount Eliza (1060).

The takeWhich suburb suits which buyer

For buyers

Mornington is the lower entry point at $925,000 median, 44% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Mornington offers the higher gross rental yield (3.79% vs 1.61%), favouring cash-flow investors.

For families

Mornington edges out on average school ICSEA (1066 vs 1060).

Common questionsMornington vs Mount Eliza

Common questions

Is Mornington or Mount Eliza cheaper to buy in?

Mornington has the lower median house price at $925,000, roughly 44% below Mount Eliza ($1,650,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Mornington or Mount Eliza have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Mornington scores 1066 vs 1060 in Mount Eliza. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Mornington or Mount Eliza?

Mornington scores 56/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Mornington or Mount Eliza?

Gross rental yield on houses is 3.79% in Mornington vs 1.61% in Mount Eliza. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Mornington
Metric
Mount Eliza

Price & Market

$925,000
Median house
$1,650,000
$775,000
Median unit
$886,300
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$675/wk
Rent (house / wk)
$512/wk
$535/wk
Rent (unit / wk)
$512/wk
Owner occupied
90.0%
Renter occupied
8.0%

Lifestyle & Demographics

56
Walk score
0
0
Transit score
0
100
Bike score
10
25,759
Population
18,734
50
Median age
45

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1066
Avg ICSEA
1060

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).