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 3.3% and has experienced a 12-month capital growth of Up 4.1%, with a median house buy price of $1,137,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$867,500
$950,000
$1,450,000
$1,137,500
Suburb Market Profile
Last month Mornington had 44 properties available for rent and 219 properties for sale. Median property prices over the last year range from $1,137,500 for houses to $785,000 for units. If you are looking for an investment property, consider houses in Mornington rent out for $725 PW with an annual rental yield of 3.3% and units rent for $580 PW with a rental yield of 4.0%. Mornington has seen an annual compound growth rate of 4.1% for houses and 3.3% for units.