October 2026 data · Mornington Peninsula · VIC
Cape Schanck house prices: median price and growth
- Median house
- $1.30m ▼ −13.9% in 12 months
- Median unit
- $790k Too few sales for a change
The median house price in Cape Schanck is $1.30m (October 2026), down 13.9% over 12 months. Units have a median of $790k. That puts Cape Schanck below the typical Mornington Peninsula suburb ($1.54m) and number 4 of the 4 suburbs around it.
Median house price
- $2.25M+
- $2M–$2.25M
- $1.75M–$2M
- $1.5M–$1.75M
- $1.25M–$1.5M
- $1M–$1.25M
- $750K–$1M
- $500K–$750K
- <$500K
Cape Schanck price changes
| Type | Median | 3 mo | 6 mo | 12 mo |
|---|---|---|---|---|
| House | $1.30m | ▲ +4.0% | 0.0% | ▼ −13.9% |
| Unit | $790k | – | – | – |
Changes compare the median with three, six and twelve months earlier. A dash means too few sales for a reliable figure. How these figures are worked out.
Cape Schanck compared with nearby suburbs
Suburbs within about 1 km of Cape Schanck, dearest house median first. Select a column heading to sort.
| House | Unit | |||||||
|---|---|---|---|---|---|---|---|---|
| Flinders | $2.23m | ▼ −5.1% | ▲ +5.7% | ▼ −5.1% | $1.02m | – | – | – |
| Boneo | $2.02m | – | – | – | – | – | – | – |
| Fingal | $1.78m | – | – | – | $430k | – | – | – |
| Cape Schanck | $1.30m | ▲ +4.0% | 0.0% | ▼ −13.9% | $790k | – | – | – |
Living in Cape Schanck
From the 2021 ABS Census: Cape Schanck against the Mornington Peninsula council area and VIC. Council and state percentages count all their residents; their medians are the middle suburb by population.
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| Figure | Cape Schanck | Mornington Peninsula (council) | VIC |
|---|---|---|---|
| People | |||
| Population | 569 | 168,816 | 6,503,500 |
| Median age | 55 | 49 | 39 |
| Families with children | 🔒 | 🔒 | 🔒 |
| Born overseas | 16.9% | 17.7% | 30.0% |
| Language other than English at home | 🔒 | 🔒 | 🔒 |
| Work and education | |||
| Median household income | $2,189/wk | $1,468/wk | $1,856/wk |
| Median personal income | 🔒 | 🔒 | 🔒 |
| Professionals and managers | 🔒 | 🔒 | 🔒 |
| Unemployment | 🔒 | 🔒 | 🔒 |
| Bachelor degree or higher | 🔒 | 🔒 | 🔒 |
| Completed Year 12 | 🔒 | 🔒 | 🔒 |
| Housing | |||
| Owned outright | 🔒 | 🔒 | 🔒 |
| Owned with a mortgage | 🔒 | 🔒 | 🔒 |
| Rented | 6.3% | 18.7% | 28.5% |
| Separate houses | 🔒 | 🔒 | 🔒 |
| Flats and apartments | 🔒 | 🔒 | 🔒 |
| Median weekly rent | 🔒 | 🔒 | 🔒 |
| Median mortgage repayment | 🔒 | 🔒 | 🔒 |
| Advantage | |||
| SEIFA advantage (IRSAD), Australian decile | 🔒 | 🔒 | 🔒 |
🔒 Age, occupation and ancestry breakdowns for Cape Schanck, its council and VIC
Source: ABS Census of Population and Housing 2021. More figures, maps and the 2016 Census are in Location Insights.
Common questions
What is the median house price in Cape Schanck?
The median house price in Cape Schanck was $1.30m in October 2026, down 13.9% on a year earlier. The typical Mornington Peninsula suburb median was $1.54m.
What is the median unit price in Cape Schanck?
The median unit price in Cape Schanck was $790k in October 2026.
Is Cape Schanck more expensive than nearby suburbs?
Of the 3 neighbouring suburbs with a median house price, 3 are dearer than Cape Schanck and 0 are cheaper or the same.
Where does this data come from?
Prices come from REA sales data for October 2026, all bedroom counts, refreshed monthly. Medians cover sales over the past 12 months; changes are shown only where at least 10 homes of that type sold.