Mount Eliza VIC Property Investment

Mornington Peninsula · 3930

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Median House Price
$1.69M
As of 7 Nov 2026.
Rental Yield
N/A
Vacancy Rate
N/A
Median Weekly Rent
N/A
Median Unit Price
$815K
As of 7 Nov 2026.
Population (Census 2021)
18,734

Mount Eliza Short-Term Rental Market

Short-stay estimate: run a brief
Past price growth
Median house sale price growth, Mount Eliza: 4.7% a year, 2020 to 2025. Source: Valuer-General Victoria, Victorian Property Sales Report – Houses/Units by suburb 2015–2025 (released 9 Sep 2026). © State of Victoria (Department of Transport and Planning), licensed under CC BY 4.0 (creativecommons.org/licenses/by/4.0). Growth rates calculated by Estait. Sales count not published by the source. Past growth doesn't predict future prices.
New dwellings approved
New dwellings approved, Mornington Peninsula council area, 12 months to Aug 2026: 792. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Mount Eliza.

Suburb Metric Thresholds

3 green2 yellow2 red
Population growth 2016–21, postcode 3930 (ABS Census)
0.93 high impact
Median Household Income
2547 medium impact
Public Transport Score
3.8 medium impact
School Zone Quality
6.5 medium impact
Distance to CBD
43.82 medium impact
SEIFA Advantage/Disadvantage
10 medium impact
Owner Occupier Rate
89.6 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-09

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3930

Most disadvantagedLeast disadvantaged

Decile 10 of 10 — Low disadvantage

Population (suburb)

18,734

Education (IEO)

9/10

Econ. Resources (IER)

10/10

Schools

In your catchment

Mount Eliza Primary School
PrimaryGovernment
8/10
Mount Eliza Secondary College
SecondaryGovernment
7.1/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.