Local Government Area (LGA) Research · Data as of Sept 2026

Property Investment in Mornington Peninsula, VIC

39 suburbs in Mornington Peninsula council area · Part of Greater Melbourne · Population ~172,217 · 89,110 dwellings · 724 km²

Mornington Peninsula Council Average R-Score 80 / 100 — top suburb in Mornington Peninsula scores 99/100

Market conditions here are running warmer than most

Most of the demand and supply indicators we track are sitting above the national midpoint this month.

Unlock all Mornington Peninsula suburb rankings & highest-scoring streets ↓

Figures reflect Ripehouse Advisory’s monthly 27-indicator suburb bake (Sept 2026). General information only — not personal financial advice.

Top suburb in Mornington Peninsula99

Highest R-Score out of 39 suburbs in Mornington Peninsula

Mornington Peninsula council average80

Across 38 scored suburbs in Mornington Peninsula

Suburb medians in Mornington Peninsula range from $700,000 to $6,500,000.

3-year population movement: +1.6%. Annual new dwelling approvals: 0.9% of stock (~783 dwellings). Tracked infrastructure pipeline: $330M. Key employment sectors: Health Care and Social Assistance (14%), Retail Trade (14%), Construction (11%), Accommodation and Food Services (10%).

Typical suburb median price$1,240,000

Across 39 suburbs in Mornington Peninsula (Sept 2026) · ~104 days on market.

Gross rental yield & rent3.3%

Median asking rent ~$770/wk · Vacancy 4%.

Top suburb R-Score in Mornington Peninsula99/100

Highest-scoring suburb out of 39 in Mornington Peninsula. Unlock the top suburbs ↓

Find a Suburb or Street in Mornington Peninsula

Filter the 39 suburbs in Mornington Peninsula or click Check streets on any suburb to inspect its individual streets.

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See which suburbs and streets in Mornington Peninsula score highest on the 27-indicator Ripehouse R-Score and Street Score — plus the underperforming pockets to avoid. Free, instant, and unlocks every suburb and street across Australia.

  • Top 10 & Bottom 5 suburbs in Mornington Peninsula ranked by R-Score
  • 4-pillar score breakdown & 3-year price, rent and DOM charts
  • Top 12 highest-scoring streets in Mornington Peninsula (block-level Street Score)
  • Highest-yielding & fastest-selling suburbs in Mornington Peninsula

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Suburbs in Mornington Peninsula — Suburb Research & Street Scores

Every suburb in the Mornington Peninsula council area. Click a suburb name to view its Suburb R-Score report, or click Best streets to see how every street in that suburb ranks.

Mornington Peninsula (VIC) FAQs

Frequently Asked Questions: Property Investment in Mornington Peninsula

Key facts and market data from the Sept 2026 Ripehouse Advisory research bake for Mornington Peninsula (Victoria).

Is Mornington Peninsula (VIC) a good council area for property investment in 2026?

As of Sept 2026, Mornington Peninsula (Victoria) has an average Ripehouse R-Score of 80/100 across 39 suburbs, with its strongest suburb scoring 99/100. Across Mornington Peninsula, the typical suburb median price is $1,240,000, median weekly rent is $770/wk, gross rental yield is 3.3%, and vacancy sits at 4%.

Which suburbs in Mornington Peninsula have the highest R-Score right now?

In the Sept 2026 Ripehouse research bake, the highest-scoring suburbs in Mornington Peninsula (VIC) are Mccrae (99/100, median $890,000), Baxter (96/100, median $720,000), Boneo (96/100, median $1,380,000), Dromana (95/100, median $830,000), Main Ridge (93/100, median $2,900,000). Each suburb is evaluated monthly across 27 demand, supply, momentum, and yield indicators.

What is the median house price, rent and rental yield in Mornington Peninsula?

Across Mornington Peninsula (VIC), the median suburb property price is $1,240,000, median asking rent is $770/wk, and median gross yield is 3.3%, with homes averaging 104 days on market. The highest-yielding suburbs in Mornington Peninsula include Boneo (11.3%), Mccrae (5%), Baxter (4.6%).

What are the demographics and size of the Mornington Peninsula council area?

Mornington Peninsula is a Local Government Area in Victoria (part of Greater Melbourne) with an ABS estimated resident population of 172,217, approximately 89,110 dwellings, covering 724 sq km.

What are the best streets in Mornington Peninsula (VIC)?

Every street across all 39 suburbs in Mornington Peninsula is scored on the Ripehouse Street Score. Select any suburb below to view its street-by-street rankings.