Mornington (VIC 3931): property prices & suburb profile

Mornington Peninsula LGA · Latest published data October 2025 · Page updated August 2026 · Public government records

Mornington · VIC 3931 · typical house price · 12 months to 2025-Q4
$1,066,000+97.1%
vs 10 years ago (rolling year)
Sales-weighted average of the 4 quarterly medians to 2025-Q4 (322 sales) published by the Victorian Valuer-General. A single quarter in one suburb can turn on a handful of sales, so this page reports a rolling year.
Typical house price
$1,066,000
322 sales over 4 quarters
Typical unit price
$813,000
12 months to 2025-Q4, 239 sales
Sales in the last year
561
houses + units
SEIFA advantage decile
7 of 10
Mornington
Schools in the suburb
7
ACARA registered

Mornington property prices

The typical Mornington house sold for around $1,066,000 in the year to 2025-Q4, +97.1% over 10 years and +35.8% over 5 years.

1Y
3Y
5Y
10Y
Houses
-8.3%
0.0%
+35.8%
+97.1%
Units
+3.6%
0.0%
+20.0%
+69.0%

Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2024 further back

Houses (yearly + recent quarters)
Units (yearly + recent quarters)
558k724k890k1.06M1.22M20162018202020222024quarterly from here
View as table
PeriodHouses (yearly + recent quarters)Units (yearly + recent quarters)
2013$525,000$440,000
2014$558,000$461,500
2015$641,000$485,000
2016$745,000$587,000
2017$800,000$598,000
2018$850,000$671,500
2019$810,000$650,000
2020$894,000$700,000
2021$1,100,000$780,000
2022$1,162,500$800,000
2023$1,080,000$810,000
2024$1,100,000$780,000
Apr 2024$1,085,000$790,000
July 2024$982,500$775,000
Oct 2024$1,165,000$800,000
2025$1,059,600$728,800
Apr 2025$930,000$780,000
July 2025$1,105,000$950,000
Oct 2025$1,155,000$810,000
  • Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
  • The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
  • The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
  • Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
  • Periods with fewer than 5 recorded sales are excluded.

Mornington medians by quarter

The most recent quarter on record for Mornington is 2025-Q4.

Mornington medians by quarter
QuarterTypeMedianSales
2025-Q4Unit$810k70
2025-Q4House$1.16M87
2025-Q3Unit$950k54
2025-Q3House$1.10M86
2025-Q2Unit$780k49
2025-Q2House$930k79
2025-Q1Unit$729k66
2025-Q1House$1.06M70
2024-Q4Unit$800k47
2024-Q4House$1.17M85
2024-Q3Unit$775k67
2024-Q3House$983k
  • Sale counts are shown so you can judge how solid each median is.

Who lives in Mornington

Mornington has a median age of 50 and a median household income of $1,451 a week.

Population (Mornington)
25,759
Median age (Mornington)
50 years
Median household income (Mornington)
$1,451/wk
People per square kilometre
1,221
Average taxable income (postcode, 2023)
$75,558
SEIFA advantage decile (Mornington)
7 of 10
Addresses in the suburb (G-NAF)
17,628
Rooftop solar installs, 12 months (postcode)
173
How Mornington homes are held
Owned outright
41.3% · 4,328
Owned with a mortgage
32.0% · 3,356
Rented
21.3% · 2,227
Mornington homes by bedroom count
1 bedroom or studio
2.3% · 241
2 bedrooms
22.2% · 2,300
3 bedrooms
48.1% · 4,979
4 bedrooms
23.0% · 2,384
5 or more
4.4% · 454
ABS SEIFA 2021 deciles · 10 of 10 = most advantaged nationally
Advantage and disadvantage (IRSAD)
from income, education, occupation and housing
7 of 10
Relative disadvantage (IRSD)
from low income, low education and unskilled occupations
6 of 10
Economic resources (IER)
from household income, wealth and housing costs
5 of 10
Education and occupation (IEO)
from qualifications and skilled work
7 of 10
  • Figures labelled Mornington are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Mornington - East" and postcode 3931 both extend beyond Mornington.
  • SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.

Schools in Mornington

The 6 schools in Mornington sit at the 68th percentile nationally on ACARA's socio-educational index.

Schools located in Mornington
SchoolSectorTypeICSEA
Benton Junior CollegeGovernmentPrimary1,040
Mornington Park Primary SchoolGovernmentPrimary997
Mornington Primary SchoolGovernmentPrimary1,062
Mornington Secondary CollegeGovernmentSecondary1,004
Mornington Special Developmental SchoolGovernmentSpecial920
Padua CollegeCatholicSecondary1,064
St Macartan's SchoolCatholicPrimary1,084
Median school percentile nationally · ICSEA score
Mornington · 6 schools
68th · 1051
Mornington Peninsula LGA
62nd · 1034
VIC
60th · 1030
Australia
51st · 1008
  • ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
  • Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
  • Public school intake zones are not published in our dataset for this state, so confirm catchments with the school.

Suburbs near Mornington

Compare Mornington with nearby suburbs we have profiled from the same public records.

All Mornington Peninsula suburb research

Mornington: common questions

How much does a house cost in Mornington?
About $1,066,000 across the 12 months to 2025-Q4, from 322 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
Have Mornington prices gone up?
Prices have risen 97.1% over 10 years and moved +35.8% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
What do units cost in Mornington?
The typical unit price was around $813,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 239 sales.
Can I see Mornington prices street by street?
Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
Which schools are in Mornington?
Mornington has 7 ACARA-registered schools, including Benton Junior College, Mornington Park Primary School, Mornington Primary School, Mornington Secondary College, Mornington Special Developmental School, Padua College.

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Data sources

This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.