Mornington is the commercial and social heart of the Mornington Peninsula — a vibrant coastal town with a superb beach, thriving Main Street retail and dining precinct, and Peninsula Health's major hospital. Its year-round population, excellent schools, and lifestyle credentials underpin consistent price growth. At the current $900k median house price, an 80% loan at 6.25% over 30 years is about $4,433 per month.
| Median house price | $900,000 |
|---|---|
| Median unit price | $620,000 |
| Estimated monthly repayment | $4,433 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 7% |
| Gross rental yield | 4% |
| Typical days on market | 18 |
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