Property value increases in Mornington have tracked just lower than the VIC average of 7.88% over the last 12 months.
A 59.22% growth in median value for property investors in Mornington,3931 puts this suburb at number 351th in terms of best performing suburbs in VIC
At number 287th of VIC’s most discounted properties, Mornington is in the middle of the state/territory when listing in order of most discounted to least.
Situated 45.36km from the CBD, Mornington is one of Mornington Peninsula localities in the postcode 3931.
VIC has seen average median house prices change by 6.03% which means that Mornington, 3931 has done well for property investors by showing a capital gain of 3.45% over the last year
The five-year average increase in median property values for Mornington,3931 has given property investors a potential capital gain of 46.34% across each of those five years.
Our latest figures would indicate that property sellers in Mornington are currently offering property investors an average price cut of -4.76% below the asking price at the moment.
On average over the past year, suburb has had 14.67 sales per month, which equates to 176 per year.
Situated 42.67km from the CBD, Mornington is one of Mornington Peninsula localities in the postcode 3931.