Crib Point suburb profile
Crib Point is a small coastal village on the Western Port side of the Mornington Peninsula, known for its relaxed seaside character and broad foreshore reserve with a jetty and boat ramps that attract fishers and day boaters. The suburb sits beside the naval training base HMAS Cerberus and is served by the Stony Point rail line, giving a rural-coastal feel with links to larger centres. Streets mix older weatherboard cottages and seaside bungalows with more recent family homes, and the local pace suits people after a quieter, outdoors-oriented lifestyle with easy access to shoreline walks, bushland and small, community-focused shops.
Crib Point property market performance
Current median dwelling price$721,500Past 3 months
Property growth+5.7%Past 12 months
Crib Point has relatively few recent property sales, so there isn't enough recent data to publish a reliable median price for houses or units. The figures that are available show unit values rose a solid 9.7% over the last 12 months, while house values edged up 1.7% over the same period, so unit values grew faster than house values.
Over the last 3 months, 6 houses and 7 units were sold. Houses sold in a median of 41 days over the last 12 months, while units sold in a median of 25 days, so units sold faster than houses.
The rental market in Crib Point shows average weekly rents of $563 for houses and $560 for units. Over the last 12 months house rents edged up 1.4% and unit rents rose sharply 14.3%, so unit rents grew much more strongly than house rents.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | N/A | N/A |
Change in value Past 12 months | 1.7% | 9.7% |
Sold Past 3 months | 6 | 7 |
Median days on market Past 12 months | 41 | 25 |
Average rent Past 12 months | $563 | $560 |
Change in rent Past 12 months | 1.4% | 14.3% |
5 year median price trend for houses and units
Crib Point demographics
Crib Point is a community of 3,343 people with a median age of 39. The median total household income is $1,447 a week, which is about $75,244 a year.
Families make up the bulk of households. Couple families with children are the largest single group at 41.2%, and together with couple families without children (37.1%) they account for about 78.3% of families. One-parent families represent 20.4% of families, while other families are 1.4%.
Homes in Crib Point are mostly owner-occupied: 50.4% are owned with a mortgage and 30.8% are owned outright, giving an owner-occupied share of about 81.2%. Renters make up 18.8% of dwellings.
Suburbs near Crib Point
Some popular suburbs near Crib Point include:
How does Crib Point compare to nearby suburbs?
- Median house prices: Crib Point’s median house price is 9.0% higher than Hastings’s.
- Median unit prices: Crib Point’s median unit price is 18.0% higher than Hastings’s.
- House price growth: Property prices in nearby Somers have risen 7.9% more than in Crib Point over the past year.
- Unit price growth: Over the past 12 months, unit prices in Crib Point have grown 6.0% higher than in Bittern.
- Selling speed for houses: Properties in Crib Point are selling 57.7% faster than in Somers.
- Selling speed for units: Properties in Crib Point are selling 7.4% faster than in Hastings.
- Investment considerations: In Crib Point, the rental yield for house is 11.2% lower than the Melbourne average, while the rental yield for units is 5.1% lower.
- House price growth: Over the past 12 months, house prices in Crib Point have grown 25.6% lower than the average rate of growth across Melbourne.
- Unit price growth:Over the past 12 months, unit prices in Crib Point have grown 5.3% higher than the average rate of growth for units across Melbourne.

