Atlaso rates Mornington houses as HOLD. Average growth outlook. Vacancy is extremely tight at 0.4%, well below the 2.5% equilibrium, but conviction is not high enough for a BUY rating. Better houses options may be available in Melbourne.
At $1.19M, Mornington ranks #168 of 263 houses in Melbourne. The long-term structural outlook is Average. Short-term momentum is accelerating.
OPPORTUNITY ENGINE
Structural opportunity remains selective at this price level.
5 stronger-positioned houses identified in Melbourne.
Shifting to SellersMarket tightening. Act sooner rather than later.
-0.2%
Asking Prices (3mo)
+28.2%
Rents (12mo)
0.6%
Vacancy ↓
30%
Fresh Stock (<30d)
House Asking Prices (12 months)
$1.48M
House Weekly Rents (12 months)
$933/wk
Vacancy Rate (24 months)
--- 1.5% tight--- 3.0% loose
Listing Age (12 months)
Fresh (<30d)30-60d60-90d90-180d180d+
Data for postcode 3931.
Momentum Health
Monitor
42% stall probability
Mornington is growing at 23.2% annually but early warning signals are appearing. Watch for vacancy loosening or yield compression over the next quarter.
STALL RISK42%
Suburb Profile
Mornington at a Glance
SEIFA Index
7/10
Above average
Household Income
$1,451/wk
Median household
Median Age
50
Years
Mortgage Stress
32%
of income (stressed)
Population Growth
+0.7%
vs state +2.2%
Ownership Mix
35.2%owned34.5%mortgage27.6%renting
Demographic Trends
Mornington Over Time
Median Household Income (Census)
Population Growth Rate (Census)
Dwelling Composition (Census)
Rental Yield History
Census data: ABS. Yield series: weekly market data.
Full Mornington Analysis
Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.
3-Year Structural OutlookStrong
Conviction LevelHigh
Fair Value GapX.X% undervalued
3-Bed House Price$X,XXX,XXX
Gross YieldX.X%
Weekly Rent$XXX
SEIFA DecileX/10
Building ApprovalsXX dwellings
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Atlaso rates Mornington as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Mornington and 46 Australian cities to generate this rating.
What is the median house price in Mornington?
The current median house price in Mornington, vic is $1.19M, with annual growth of +4.4%. Properties sell in approximately 31 days.
How fast do properties sell in Mornington?
Properties in Mornington sell in 31 days on average. The market is currently rated Average. This is in line with the broader market.
What is the growth outlook for Mornington?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Mornington's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Mornington?
The gross rental yield for houses in Mornington is 3.4%. This is in line with the broader market average.
Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).