Side by sideSuburb comparison

Mount Eliza vs Mornington.

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

Mornington (median $925,000) is roughly 78% cheaper to buy into than Mount Eliza ($1,650,000).

Mornington scores higher on walkability (0/100 vs 56/100 ), 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, 78% 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 questionsMount Eliza vs Mornington

Common questions

Is Mount Eliza or Mornington cheaper to buy in?

Mornington has the lower median house price at $925,000, roughly 78% below Mount Eliza ($1,650,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Mount Eliza or Mornington 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, Mount Eliza or Mornington?

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, Mount Eliza or Mornington?

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

Mount Eliza
Metric
Mornington

Price & Market

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

Rental

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

Lifestyle & Demographics

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

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1060
Avg ICSEA
1066

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).