MORNINGTON 3931
State: VICPosiProp AI Investment Summary
MORNINGTON (VIC 3931) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.7% and has experienced a 12-month capital growth of Up 11.5%, with a median house buy price of $1,200,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$830,000
$1,050,000
$1,400,000
$1,200,000
Suburb Market Profile
Last month Mornington had 81 properties available for rent and 150 properties for sale. Median property prices over the last year range from $1,200,000 for houses to $783,500 for units. If you are looking for an investment property, consider houses in Mornington rent out for $758 PW with an annual rental yield of 3.7% and units rent for $595 PW with a rental yield of 4.2%. Mornington has seen an annual compound growth rate of 11.5% for houses and 3.5% for units.
Top Yielding Suburbs in VIC
Explore other high-yield positive cash flow investment markets in VIC