Victoria groups its suburbs into thirteen regions and publishes a median for each, computed over every lease in the region.
At $580 a week, Mornington Peninsula is higher than 62% of the 13 VIC regions we hold.
Rents there are up 5.5% over the past year, about the same as the typical VIC region (up 4.8%).
Based on 6,697 new leases, which is a large enough sample to be steady quarter to quarter.
Moving annual median, being the median across every lease signed in the preceding twelve months, which is smoother than a quarterly figure and lags one.
Ranked by the same figure in the same quarter, so they are comparable. Sort by any column, or search the list by name.
| Suburb | Median weekly rent | Rent change — 1 year | New leases | Compare |
|---|---|---|---|---|
| Mt Eliza-Mornington-Mt Martha | $695 | Up 3.7% | 962 | |
| Dromana-Portsea | $595 | Up 8.2% | 1,681 | |
| Hastings-Flinders | $580 | Up 5.5% | 587 | |
| Seaford-Carrum Downs | $560 | Up 7.7% | 1,477 | |
| Frankston | $550 | Up 7.8% | 1,990 |
Market data sources are named beside the figures above. APRIQ keeps the publication period, source, licence and calculation method available for inspection. See full sources & methodology →
