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Australia's Mornington Peninsula home prices rose 6.3% yearly to $1.009M by Nov 2025, driven by buyer demand and lower rates.
The Mornington Peninsula property market in Australia is rebounding, with median house prices rising 6.3% year-on-year to $1.009 million by November 2025, according to Cotality.
Growth is strongest in affordable suburbs like Frankston North, Langwarrin, and Sandhurst, where prices surged over five years.
Listings increased in mid-2025, and homes sold faster, with the median time on market dropping to 27 days.
Buyers, including first-time buyers and investors from NSW, are returning, drawn by lower interest rates and value, especially in the $900,000 to $1 million range.
Prestige areas remain competitive, while high-end properties see less activity.
Los precios de las viviendas en la Península Mornington de Australia aumentaron un 6,3% anual a $ 1.009M para noviembre de 2025, impulsados por la demanda de los compradores y las tasas más bajas.