Mornington Suburb Profile

Victoria 3931

Mornington has 15,488 properties. Over the last 5 years, Houses in Mornington have seen a 47.23% increase in median value, while Units have seen a 30.60% increase. As at 31 May 2024:

• The median value for Houses in Mornington is $1,137,427 while the median value for Units is $808,035.
• Houses have a median rent of $650 while Units have a median rent of $550.

The size of Mornington is approximately 21.3 square kilometres. It has 58 parks covering nearly 13.4% of total area. The population of Mornington in 2011 was 22,421 people. By 2016 the population was 23,995 showing a population growth of 7.0% in the area during that time. The predominant age group in Mornington is 60-69 years. Households in Mornington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mornington work in a professional occupation. In 2011, 71.5% of the homes in Mornington were owner-occupied compared with 71.6% in 2016.