Mornington Peninsula guide

Is Mornington a wealthy suburb?

Quiet bayside street lined with eucalyptus and other trees, weatherboard homes behind low fences and a glimpse of blue sea at the end of the road

Mornington is a comfortable suburb with a high share of homeowners and professionals, but it is not among the highest-earning places in Australia. The ATO's top 10 suburbs by average taxable income, for 2023 to 2024, does not include it. The census figures below show the Mornington area as established and mostly owner-occupied.

What the 2021 Census shows

The Australian Bureau of Statistics (ABS) figures below cover the Mornington area (Eastern Victoria), which is wider than the suburb itself.

MeasureMornington area, 2021 Census
Population65,261
Median age47
Median weekly household income$1,900
Professionals24.2% of employed people
Managers18.2%
Technicians and trades workers13.4%
Homes owned outright42.7%
Homes owned with a mortgage38.2%
Homes rented15.1%

A household income of $1,900 a week works out to about $98,800 a year (1,900 x 52).

Homes and ownership

More than 80 per cent of homes in the area are owned, either outright (42.7 per cent) or with a mortgage (38.2 per cent). Renters make up 15.1 per cent.

How Mornington compares with the Peninsula's wealthiest suburb

Portsea, further down the Peninsula, ranked first in Australia for average taxable income in 2023 to 2024, at $321,988. Toorak and Hawksburn ranked second at $277,708. Those figures measure average income per taxpayer in a postcode, while the Mornington figure above measures weekly household income across a wider area, so the two cannot be compared directly.

Read our guides on the richest suburb in Victoria and the most expensive suburb on the Peninsula for the full price and income tables.

What this article cannot say

  • No Victorian median household income was gathered here, so there is no state benchmark for the $1,900 figure.
  • No median house price for the town of Mornington was found.
  • No socio-economic index (SEIFA) score was available.

Check those on the ABS QuickStats and SEIFA pages before you call the suburb above or below average.

Questions people ask next

Is Mornington richer than the rest of the Peninsula?

Portsea earns more on average, according to ATO data. Mornington's figures describe a broad, owner-occupier community.

Is Mornington expensive to buy in?

This article has no verified house price for the town. Check a recent suburb report.

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