Average rent in Point Nepean, VIC2026

Point Nepean is part of the Mornington Peninsula council area and sits 64km out from the Melbourne CBD, with around 19,811 residents at the 2021 ABS Census. Renters here typically pay $376/week, which is above the Victoria median of $363/week. About 19% of households rent — the rest are owners or paying down a mortgage.

$376/wk

ABS 2021 Census median

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Suburb at a glance

Population
19,811

ABS 2021

Median age
53
Distance to Melbourne
64 km
Households renting
19%
Separate houses
96%
Flats / apartments
0%
Born overseas
14%
Top occupation
Professionals
LGA
Mornington Peninsula

Renting in Point Nepean

Point Nepean sits close to the Victoria median, with renters typically paying $376/week — within striking distance of the state-wide $363/week baseline (ABS Census 2021). The suburb is largely owner-occupied: 77% of households own outright or with a mortgage, and only 19% rent. Housing stock is dominated by separate houses (96%), giving the suburb a settled, family-oriented character that's reflected in the median age of 53 and a population of around 19,811. The most common occupation is Professionals, and 14% of residents were born overseas. 64km from Melbourne, Point Nepean is the kind of mid-market suburb that usually sees stable rent trajectories rather than rapid spikes — though state rent indices since 2021 are worth checking against your reported figure above.

Frequently asked questions

What's the median rent in Point Nepean?+
According to the ABS 2021 Census, the median weekly rent in Point Nepean, VIC was $376. The live figure at the top of this page reflects what RenterSay users have reported more recently. State-wide rent indices suggest the 2021 number is by now well behind current asking rents — use it as a baseline, not a quote.
How does Point Nepean rent compare to Victoria?+
At the 2021 Census, Victoria's state median rent was $363 a week. Point Nepean sat at $376 — 4% above the state average. The suburb is 64km from Melbourne, and rent generally scales with how close you are to the CBD, transit links, and the local dwelling mix (96% separate houses, 0% flats here).
Which suburbs near Point Nepean have lower rent?+
A few nearby suburbs come in cheaper than Point Nepean's $376/week (ABS 2021): Whittlesea, Melbourne CBD - East, Upwey - Tecoma. On the higher end, you've got Truganina - South West, Mernda - North, Cranbourne West. Just remember that cheaper rent doesn't always mean better value — commute times, transit access, and the actual condition of the housing stock matter too. You can add to the live picture for your area using the rent submission form below.

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