Mornington Peninsula
Market analysis for investment properties in Mornington Peninsula
Median Price
$1,100,000
Trend:Decelerating
-0.5%
Median Rent
$670/pw
Trend:Steady
+3.1%
Rental Yield
3.17%
Trend:Steady
+3.6%
Median DoM
93 Days
Trend:Decelerating
-7.0%
Market Analysis
Why investors are watching Mornington Peninsula right now.
The Mornington Peninsula LGA in Victoria, Australia boasts an array of shopping options, including the bustling Main Street in Mornington with its boutique shops, cafes, and galleries, as well as the newly developed Bayside Shopping Centre in Frankston. Well-known schools in the area include Peninsula Grammar, a co-educational independent school offering education from pre-school to Year 12, and Toorak College, an all-girls school known for its academic excellence and extensive co-curricular program. Transport hubs such as Frankston Station provide easy access to Melbourne via regular train services. Natural scenery abounds in the Mornington Peninsula, with iconic attractions like the stunning beaches of St Andrews Beach and the rugged beauty of Cape Schanck offering residents and visitors ample opportunities to connect with nature. The LGA is also home to popular spots like the Arthurs Seat Eagle, a gondola ride providing panoramic views of Port Phillip Bay, and the picturesque Mornington Peninsula National Park, ideal for hiking and exploring the region's diverse flora and fauna.
Loading Map...
Capital Growth
Historical Performance
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Market Leaders
Top Performers in Mornington Peninsula
Best performing suburbs in Mornington Peninsula ranked by capital growth and rental yield. Data as of March 2026.
Top Suburbs by Growth
| Name | Type | Median Price | Rental Yield |
|---|---|---|---|
| Arthurs Seat | House | $1.61m↑23.4% | 2.2% |
| Balnarring | House | $1.58m↑20.6% | 2.6% |
| Crib Point | Unit | $630k↑20.5% | 4.6% |
| Hidden Market Alpha | House | $1.18m+14.2% | 4.6% |
| Hidden Market Beta | Unit | $735k+11.8% | 5.2% |
| Hidden Market Gamma | House | $962k+10.4% | 4.9% |
Unlock Growth
See top-growth suburbs and LGAs.
Top Suburbs by Yield
| Name | Type | Median Price | Rental Yield |
|---|---|---|---|
| Fingal | Unit | $478k↓4.4% | 5.4% |
| Tyabb | Unit | $585k↓1.7% | 5.2% |
| Safety Beach | Unit | $745k↓11.8% | 4.8% |
| Hidden Market Alpha | House | $1.18m+14.2% | 4.6% |
| Hidden Market Beta | Unit | $735k+11.8% | 5.2% |
| Hidden Market Gamma | House | $962k+10.4% | 4.9% |
Unlock Yield
See top-yield suburbs and LGAs.
Market Vitals
Market Dynamics
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
Unlock Market Vitals
See live suburb and LGA market signals.
Strategy by LighthousePA
Where will Mornington Peninsula be in 2026?
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Mornington Peninsula, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.
- Wealth Planning
- Ownership Structuring
- Buyers Advocacy
- Property Negotiation
Investment Insights & FAQ
Frequently asked questions about the Mornington Peninsula property market in 2026.
As of March 2026, the Mornington Peninsula property market presents a stable investment landscape. Over the last 12 months, houses have seen an annual growth rate of -0.45% and units have grown by 4.75%. These figures reflect the evolving demand within VIC, offering potential for long-term value preservation.
Based on the latest market snapshot, median property prices in Mornington Peninsula range from $1,100,000 for houses to $705,000 for units. These values are calculated based on recent transaction data and current buyer activity across the VIC region.
For investors targeting cash flow, houses rent for $670 /pw with a 3.17% yield, while units rent for $575 /pw with a 4.24% yield. This rental performance is a key indicator of strong tenant demand within the Mornington Peninsula area.
Market Insights Last Updated: March 2026