Otago · Dunedin
Mornington median house price
Median sale price
$640k
That’s 15% below the national median of $755k.
Updated September 2026 · Source: REINZ Monthly Property Report. Figures are indicative and rounded — a guide for first-home buyers, not a valuation.
Deposit
What deposit would you need in Mornington?
5% deposit
$32,000
10% deposit
$64,000
20% deposit
$128,000
Illustrative only. Lower deposits depend on eligibility and lender criteria.
How Mornington compares in Dunedin
Of the 3 Dunedin suburbs we track, Mornington is the 2nd most expensive, priced above 1 of the other 2. Its median is $40k below the Dunedin average of $680k.
Suburbs at a similar price
Thinking of buying your first home in Mornington? Use our borrowing power calculator to see what you could afford, or browse every suburb median across NZ.