Find the top real estate agents in Mornington Peninsula

The Mornington Peninsula, also known as The Peninsula, is a mixed coastal and hinterland market where seaside lifestyle meets small-acreage living. Sorrento and Portsea sit at the seaside end and tend to draw seasonal, higher-priced buyers, while Mornington, Mount Eliza and Mount Martha are more family-focused and Red Hill and Merricks anchor the quieter hinterland with small vineyards and lifestyle-block appeal. Median prices have softened gently, down 2.1% on the year to $950,000, the lowest level in three years, and the median remains comfortably below the cycle high of September 2022.

The Peninsula Link remains a major commuter artery that keeps the area within reach of city buyers, and a steady drift of sea-changers and remote workers is sustaining demand for properties with generous outdoor space and room for a home office. Local council-led foreshore improvements and a busier summer hospitality scene in Rye and Rosebud are lifting the appeal of coastal listings for lifestyle and holiday-oriented buyers. Homes are selling in a median of 40 days, much the same pace as a year ago. Auctions are clearing at 53% over the past year.⁽¹⁾

Mornington Peninsula real estate agents often emphasise local knowledge, experience and a focused understanding of the local market. This is a fragmented market, with the top 3 agents handling just 6% of sales over the past year. Their median sale of $875,000 sits 7.9% below the broader area median of $950,000, which can reflect the mix of homes they list. Their listings sold in a median of 42 days, 2 days slower than the area's typical 40 days, converting 66.9% of their listings into a successful sale, 7.8 percentage points ahead of the area's 59.1%.

The average commission rate is 1.85% (around $18,000 on a median-priced home). Rates often increase to reflect longer campaign periods and broader marketing reach. When selecting an agent, look beyond the commission rate. Compare their specific track record in your local area, their recent sales volume, and their experience with properties similar to yours. Receive a personalised shortlist of top agents in your local area from our agent comparison tool to sell more confidently.