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Mornington Peninsula Shire

Boneo

Boneo Property Market
& Suburb Profile

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MEDIAN PRICES IN BONEO

Median house price

(all agencies, last 12 months)$2.9m*

House price change

(all agencies, last 12 months)+14%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

BONEO price TRACKER

Houses

Boneo sales overview

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)352

Average held period in Boneo

(proptrack)8 years

Boneo Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$952pw

House rental price change

(all agencies, last 12 months)0.03%

Average rental yield for Houses

(all agencies, last 12 months)1.74%

Boneo total population size

(as at the last census)314

Median household size in Boneo

(as at the last census)2.6

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Boneo property types

  • Houses 67%
  • Other 33%

OCCUPANCY in Boneo

  • Owned 78%
  • Rented 11%
  • Other/Not Stated 11%
  • Singles 20%
  • Families 71%
  • Other 8%

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About Boneo

Boneo is a rural locality on the Mornington Peninsula in Melbourne, Victoria, Australia, approximately 65 km south of Melbourne's CBD, located within the Shire of Mornington Peninsula local government area. Boneo recorded a population of 314 at the 2021 Census.

Welcome to Boneo, Victoria! Nestled in a serene location, this charming suburb spans approximately 33.7 square kilometres and boasts an abundance of natural beauty. With an impressive 9 parks covering nearly 17.9% of the total area, residents can immerse themselves in tranquil green spaces right on their doorstep.

Discover the allure of Boneo, where scenic landscapes merge seamlessly with a close-knit community and a range of amenities. This is an idyllic place to call home, offering a balanced lifestyle and a welcoming environment for residents of all ages.

Education

Boneo Primary School
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Sales Comparison

Find out how Boneo median sales prices compare to neighbouring suburbs.

Boneo MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20256$1,425,00014.00%2$952pw1.74%
20245$1,250,000-14.68%2$927pw1.64%
20232$1,465,00032.58%1$893pw1.48%
20226$2,210,000-3.91%1$840pw1.29%
20219$2,300,000-8.55%0$791pw1.19%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20256$1,425,000+14.00%
20245$1,250,000-14.68%
20232$1,465,000+32.58%
20226$2,210,000-3.91%
20219$2,300,000-8.55%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20252$952pw1.74%
20242$927pw1.64%
20231$893pw1.48%
20221$840pw1.29%
20210$791pw1.19%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.