Question 1

Is Shoreham a nice place to live?

Accepted Answer

Shoreham is a small coastal village on the southern Mornington Peninsula, tucked between Point Leo and Flinders and facing Bass Strait. It has a relaxed seaside character where weatherboard cottages, holiday homes and newer low-rise houses sit alongside paddocks and coastal bush. Life here revolves around the beach and coastal walks, with a modest village centre and easy access to the peninsula’s cellar doors and coastal attractions. The suburb appeals to people seeking a rural-coastal lifestyle and sea views rather than fast urban convenience.

With just 679 residents and a median age of 61, Shoreham is a largely owner-occupied, settled community, with 84.8% of dwellings owned outright or with a mortgage. Everyday services are generally found in neighbouring towns; locally the suburb is anchored by the Shoreham Foreshore Reserve, which offers camping and has a committee of management, and a small community hall for public events. There are no significant new public infrastructure or civic projects reported.

Question 2

Is it expensive to live in Shoreham?

Accepted Answer

Renting a house in Shoreham currently runs to about $833 a week. Against a typical local household income of $2,012 a week as recorded at the most recent Census, that rent would take about 41.4% of a household's weekly income, which is a large share. If you're renting rather than buying, that rent share is the figure that matters and whether it feels expensive depends on your own circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Shoreham a good place to invest?

Accepted Answer

Shoreham's figures over the past 12 months tell two different stories. Median house values rose a solid 6.3% while the rent houses earn fell sharply, down 20.7%.

Put simply, the price a house is worth increased over the year but the income it earns from rent fell markedly. If capital growth is your focus, the 6.3% rise is the relevant figure; if rental income matters, the 20.7% drop is the key number. Whether that mix fits your plans depends on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	6.3%	N/A
Sold Past 3 months	2	N/A
Median days on market Past 12 months	60	N/A
Average rent Past 12 months	$833	N/A
Change in rent Past 12 months	-20.7%	N/A

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