Property prices for sale in Mornington (Victoria)

The prices in real estate in Mornington, in the Victoria region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.

$1,085,959
Average price last 6 months
$1,100.17
Price/m² last 6 months
Average price per m2

The price per m² in Mornington has remained the same in the last 6 months. In October, the average price per m² was $1,060. In November this price pretty much remained the same at a value of $1,047 per m². In the following two months the price per m² has increased 106 %, going from $1,053.5 to $1,119.5 per m². The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,086.5 to $1,127.5 during February y March

Average price

Based upon to the price in Mornington (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $1,046,763. In November This price remains at $1,033,888. During the following two months (December, January) the price has had an average incrementation from $1,040,325.5 to $1,133,390.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $1,086,858 and $1,084,161 between February and March.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $996,369 they are 68 % more affordable than the average price for Mornington. The properties with the highest average price have 4 bedrooms, Their price is 36 % more costly than the average. After that we have properties with 3 bedrooms priced at $973,402.

With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of $939 / m², with an average $1,032 / m² price in Mornington. The properties with the highest average prices have 2 bedrooms. They are 67 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,172 / m².

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $996,369 it is 15 % cheaper than the average price in Mornington. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $850,977 it is 26 % more expensive than the average price.

According to the average cost per m², the most expensive property type would be "House" at an average cost of $1,141 / m² followed by "Condo" priced at $1,186 / m². "Condo" is the most costly type of property with a $1,186 / m² cost followed by "House" with an average price of $1,141 / m².

Charts data
Average price March
Average price per m² March
Number of properties used in Mornington
Number of properties used in region Victoria
$996,369
$1,032
3,068
355,870
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value