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Mornington Peninsula Shire

Population

168,948

Mornington Peninsula Shire is a Local Government Area in Australia comprising 39 suburbs with a population of 168,948 residents. For property investors analysing Mornington Peninsula Shire capital growth potential, this council area ranks in the top 20% of Australian LGAs for investment opportunity based on our proprietary scoring algorithm.

The current median house price in Mornington Peninsula Shire is approximately $1.1M, making it a premium market suited to capital growth strategies. Mornington Peninsula Shire property investment fundamentals show strong signals, supported by positive population growth trends and healthy employment diversity across industries. This positions Mornington Peninsula Shire as one of the best council areas to invest in for Australian property investors seeking long-term capital appreciation.

Growth Performance Prediction

Top 20% of areas

Since 2015, the Picki High Performance Growth algorithm has been selecting the best places to invest across Australia. Over that time it has been responsible for selecting over 400 million dollars worth of properties for property investors and has generated 110% higher capital growth when compared to the average.

Overall Growth Potential

80%Very Good

Outperforms 80% of all LGAs

Key Market Indicators

Good Employment Health

Employment Score

5/5

Good Lifestyle Factors

Life Score

5/5

High Opportunity

Opportunity Score

5/5

Investment Outlook

This area shows strong growth potential with excellent indicators across key market factors, suggesting favourable conditions for property investment.

Em

Employment Diveristy

Retail Trade - 14.00%

Health Care and Social Assistance - 14.00%

Construction - 11.00%

Accommodation and Food Services - 10.00%

Others - 51.00%

Commute Time

42mins

22kms

Common Transport Methods
car75%
walk3%
train1%
Income Growth

Average Income

39 Suburbs in Mornington Peninsula Shire

Ordered by Best Projected Short Term Growth (Green = Buying window)

Trend Indicators:

Price/yield increasing compared to previous period
Price/yield decreasing compared to previous period
Suburb Name
Asking Price
Yield
McCrae
$1.3m
2.46%
Tyabb
$695.0k
3.67%
Fingal (Vic.)
$2.1m
2.63%
Merricks North
$2.9m
4.19%
Red Hill (Vic.)
$1.9m
2.42%
Sorrento (Vic.)
$1.9m
2.87%
Arthurs Seat
$1.8m
2.86%
Cape Schanck
$1.9m
4.21%
Flinders (Vic.)
$5.5m
2.25%
Main Ridge
$4.7m
1.25%
Merricks Beach
$1.8m
2.90%
Moorooduc
$2.7m
3.25%
Portsea
$4.1m
3.98%
Shoreham
$3.0m
3.80%
Somers
$1.6m
3.35%
Blairgowrie
$1.7m
3.63%
Point Leo
$3.0m
3.67%
Balnarring
$1.6m
2.98%
Bittern
$865.0k
3.23%
Merricks
$2.8m
1.38%
Mount Eliza
$1.9m
3.39%
Mount Martha
$1.7m
3.51%
Rye
$1.3m
3.38%
Somerville (Vic.)
$890.0k
3.77%
Baxter
$690.0k
4.52%
Dromana
$1.3m
3.58%
Red Hill South
$1.9m
3.24%
Rosebud West
$760.0k
3.65%
Rosebud
$840.0k
3.80%
Tootgarook
$1.1m
3.62%
Crib Point
$750.0k
3.87%
Hastings (Vic.)
$770.0k
4.11%
Boneo
-
8.31%
Tuerong
-
1.13%

Mornington Peninsula Shire Property Investment FAQs

Is Mornington Peninsula Shire a good area for property investment in 2026?

Mornington Peninsula Shire ranks in the top 20% of all Australian Local Government Areas for property investment potential. This places Mornington Peninsula Shire among the best LGAs in Australia for capital growth, with strong fundamentals including population growth, employment diversity, and infrastructure development. Property investors looking for long-term appreciation should consider Mornington Peninsula Shire as a priority market.

What is the median house price in Mornington Peninsula Shire?

The current median house price across Mornington Peninsula Shire is approximately $1.1M. This median price reflects sales data from properties across all 39 suburbs within the Local Government Area. As a premium property market, Mornington Peninsula Shire typically attracts investors focused on capital appreciation and wealth preservation rather than high rental yields.

What are the best suburbs to invest in Mornington Peninsula Shire?

Mornington Peninsula Shire contains 39 suburbs, each with unique investment characteristics and suburb scores. The best suburbs for investment within Mornington Peninsula Shire depend on your investment strategy - whether you're seeking capital growth, rental yield, or a balanced approach. Use our suburb analysis tools to compare all 39 suburbs in Mornington Peninsula Shire ranked by our proprietary suburb score, which factors in price growth trends, rental yields, vacancy rates, and demographic indicators.

What is the capital growth outlook for Mornington Peninsula Shire?

Mornington Peninsula Shire's capital growth outlook is positive based on current market indicators. Key drivers supporting capital growth in Mornington Peninsula Shire include strong population growth, diverse employment opportunities, and infrastructure investment. These fundamentals suggest continued property value appreciation in the medium to long term.

What is the population of Mornington Peninsula Shire?

Mornington Peninsula Shire has a population of approximately 168,948 residents across its 39 suburbs. Population growth is a key indicator for property investment as it drives housing demand. Mornington Peninsula Shire's population metrics contribute positively to its investment score, indicating growing demand for housing in the area.

How many suburbs are in Mornington Peninsula Shire council area?

Mornington Peninsula Shire Local Government Area contains 39 suburbs. Each suburb has its own property market dynamics, median prices, and investment potential. When investing in Mornington Peninsula Shire, it's important to analyse individual suburbs rather than relying solely on LGA-level data. Our platform provides detailed suburb scores and analytics for all 39 suburbs to help you identify the best investment opportunities within Mornington Peninsula Shire.

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