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flag Australia's Mornington Peninsula home prices rose 6.3% yearly to $1.009M by Nov 2025, driven by buyer demand and lower rates.

flag 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. flag Growth is strongest in affordable suburbs like Frankston North, Langwarrin, and Sandhurst, where prices surged over five years. flag Listings increased in mid-2025, and homes sold faster, with the median time on market dropping to 27 days. flag 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. flag Prestige areas remain competitive, while high-end properties see less activity.

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