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Suburb Insights ยท VIC 3931

Mornington 3931, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Mornington is a coastal suburb in Victoria, Australia, with a population of approximately 25,759, making it a sizeable community. Located approximately 47 km from the Melbourne CBD, Mornington is a coastal area in Victoria. The median household income is $75,452 AUD per year (ABS 2021 Census).

Investment Score

58 / 100 Moderate

Mornington has a solid income profile that supports reliable occupancy rates. The coastal setting provides a lifestyle factor that underpins property values.

Location

Map shows Mornington, Victoria, Australia.

Key Indicators

Postcode
3931

Official Australia Post postcode for Mornington. A postcode may cover multiple suburbs.

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Population
25,759

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$400/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$75,452/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
47 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
6

Estimated 6 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
10

Estimated 10 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,000/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
70% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Coastal lifestyle is a strong draw for Mornington, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in Victoria consistently attract interstate migration and lifestyle buyers. The median rent of $400/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,000/month. The median household income of $75,452/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

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Buy & Hold

Holding property in Mornington over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Expect competitive but not exceptional rental returns in Mornington's current market.

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Renovation / Flip

Renovation in Mornington requires careful cost analysis โ€” the margin is there but not always wide.

Risk Factors

Run the numbers on a Mornington property

Full Property Analysis

30-year projections for Mornington

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Property values in Mornington should hold firm in 2026, with gradual appreciation tied to infrastructure and population trends. Tenants in Mornington have options โ€” presenting well-maintained properties is key to minimising vacancy. The market mood around Mornington is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Mornington a good suburb for investment?

Mornington is a coastal area in Victoria with a population of 25,759. The median rent is $400/week and the median household income is $75,452/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Mornington?

Key demand drivers in Mornington include lifestyle appeal and proximity to the coast. 70% of dwellings are separate houses. The area has approximately 6 schools and 10 parks nearby.

What is the population of Mornington?

According to the ABS 2021 Census, Mornington has a population of approximately 25,759. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Mornington from the Melbourne CBD?

Mornington is approximately 47 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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