MORNINGTON
Investor score
50
Liveability score
48
Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.
Median price
Real$1,102,500
VIC Gov · 2025
Rent yield
Real2.9%
computed from govt data
Annual growth
Real1.5%
annualised from govt data
Vacancy rate
Est.2.2%
modelled estimate
AI insights for MORNINGTON
Investment analysis, risks & comparisons
MORNINGTON shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.
Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.
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Median rent
$619/wk
DFFH Moving Annual Rent · Sep 2025
Demand change
+2.4%
annual shift
Yield × growth index
2.2
combined signal
Net yield (est.)
5.07%
after mgmt, rates, insurance, maintenance
5-yr growth (CAGR)
+4.3%
est. compound, long-run avg
10-yr growth (CAGR)
+5.6%
est. compound, long-run avg
Rental demand
50 / 100
Moderate demand
Supply pipeline
Est.0.8%
new dwellings approved / stock · Modelled estimate
Low supply pressure
5-year price history
Source: VIC Gov · 2025 · all sources
Market overview
MORNINGTON is a VIC suburb offering lower rental yield and moderate price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.
Highlights
- Rental yield 2.9% with stable tenant demand
- Access to national transport network and amenities
Risk factors
- High entry price may limit buyer pool
- Below-average growth — limited capital appreciation signal
- Subject to broader interest rate and economic conditions
Community profile
Source: ABS Census 2021 · ATO 2022–23Median household income
$1,451/wk
$47k taxable p.a.
Renters
21.3%
73.3% owner-occupier
Median age
50.0 yrs
Unemployment
4.2%
Population growth
+1.5% p.a.
Investor-owned
13.0%
of all dwellings (ATO)
Houses
91%
1% apartments
Degree qualified
25.5%
bachelor's or higher (ABS)
Work from home
14.6%
of employed residents (ABS Census)
Median lot size
2.1 ha
Large block
Household size
2.9 persons
avg per dwelling (ABS Census)
Short-term rental
10.6%
Active STR market
Market activity
Distance to CBD
46.9 km
Regional
Days on market
67 days
Slower market
Auction clearance
29.4%
Buyer's market
Walkability
68 / 100
Very walkable
Coastal proximity
5.7 km
Near coast
NBN technology
Fixed WirelessRegional — wireless tower
Population density
118/km²
Low density
Schools in postcode 3931
🏫Primary (4)
Catholic · Yrs Prep-6 · Major Cities
Government · Yrs Prep-6 · Major Cities
Government · Yrs Prep-6 · Major Cities
Mornington Park Primary School
Government · Yrs Prep-6 · Major Cities
🎓Secondary (2)
Catholic · Yrs 7-12 · Major Cities
Government · Yrs 7-12 · Major Cities
⭐Special (1)
Mornington Special Developmental School
Government · Yrs U · Major Cities
ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.
Liveability & safety
Safety index
High crime12.0 offences / 100 persons
Source: VIC Crime Statistics Agency · Dec 2025
School quality
Average7 schools in postcode area
Source: ACARA My School 2025
Transit access
LimitedSource: State GTFS feeds
Gentrification signal
15
/ 100
Established suburb with stable demographics. Consistent demand but lower gentrification upside.
Composite: education premium · youth cohort · rental activity · price gap · transit quality
Environmental risk
Flood risk
Source: State GIS flood zone data
Bushfire risk
Source: CFA / RFS / DFES zone data
Storm risk
Coastal exposure + state climate
Live suburb intelligence
Fetching live data…Location
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