Bittern, VIC 3918 is rated Watch in Handle's suburb model as at October 2026. The median house is $1,012,500 with a 3.6% gross yield, vacancy is 0.00% against 1.40% across Mornington Peninsula, and values have grown an average 6.3% a year over five years.
Every figure below is from the Handle suburb model, refreshed weekly. Mornington Peninsula is the council area.
| Metric | Bittern | Mornington Peninsula | Context |
|---|---|---|---|
| Median house price | $1,012,500 | $1,056,250 | |
| Median rent | $675 / week | +15.4% in 12 months | |
| Gross rental yield | 3.6% | 3.6% | |
| Vacancy rate | 0.00% | 1.40% | 0 homes for rent |
| Days on market | 35 days | ||
| Stock on market | 1.31% | 23 listings, 44 sales a year | |
| Months of inventory | 6.0 | ||
| 12-month growth | -11.2% | ||
| 5-year growth (a year) | +6.3% | +36% cumulative | |
| 10-year growth (a year) | +5.0% |
A median Bittern house was worth about $746,000 five years ago. Today it is $1,012,500, a +36% change, or 6.3% a year. Over 10 years the average is 5.0% a year, and the last 12 months added -11.2%.
Past growth is not a guide to future growth. It tells you how the suburb has behaved, not what it will do next.
The median house in Bittern rents for $675 a week, a 3.6% gross yield. Rents have moved +15.4% over the last 12 months, and vacancy sits at 0.00%, well under the 1.5% line we treat as tight.
There are 23 houses listed for sale against roughly 44 sales a year, which is 6.0 months of stock. Homes take 35 days to sell on average. Low stock and quick sales usually mean buyers are competing for what is listed.
Bittern has about 4,276 residents, up 8.4% over 10 years. Median household income is $1,801 a week, 91% of the VIC median. 84% of homes are owner-occupied, and 16% of mortgaged households are in mortgage stress.
Employment across Mornington Peninsula, where 24% of jobs are in government-backed sectors like health, education and public administration, plus 2 tracked infrastructure projects in the area.
Of the four signals our model scores, rental return and community fundamentals lead for Bittern and price growth trails. A suburb score is where we start, not where we stop: every property still has to pass our 29-check screen and fit your Exit Plan before we buy.
Data as at 26 October 2026 from SuburbsFinder, ABS Census and public project sources, scored by Handle's suburb model across 3,393 suburbs. Bands: Prime is roughly the top 10%, Strong the next 20%, Watch the next 15%. General information only, not financial advice. Past growth is not a guide to future growth.
Bittern is rated Watch in Handle's suburb model, in the top 50% of 3,393 Australian suburbs as at October 2026. The median house is $1,012,500 with a 3.6% gross yield and 0.00% vacancy. Whether it suits you depends on your borrowing, budget and plan, so we check every property against our 29-point screen before recommending it.
The postcode for Bittern, VIC is 3918. Bittern is in the Mornington Peninsula local government area, and our data below covers houses in Bittern itself rather than the wider council area.
The median house price in Bittern, VIC is $1,012,500 as at October 2026, against $1,056,250 across Mornington Peninsula. Values moved -11.2% over the last 12 months and averaged 6.3% a year over five years.
A median house in Bittern rents for $675 a week, a gross rental yield of 3.6%. The Mornington Peninsula median is 3.6%. Rents changed +15.4% over 12 months.
Vacancy in Bittern is 0.00%, against 1.40% across Mornington Peninsula. Below 1.5% is generally a tight rental market, which supports rents and shortens the time to find a tenant.
Employment across Mornington Peninsula is led by construction, health care and social assistance, retail trade, with 24% of jobs in government-backed sectors. Infrastructure in the area includes Mornington Peninsula Road Renewal Program and Community Animal Shelter Redevelopment. Homes sell in about 35 days with 6.0 months of stock.
Written by Ahijith (AJ) Chandra, co-founder of Handle Properties. Updated weekly; data as at 26 October 2026. Handle Properties is a licensed buyers agency, not a financial adviser.
Located in the dynamic state of VIC (postcode 3918), BITTERN is a vibrant real estate market. This suburb holds a median house price of $997,500 and has demonstrated an average buying growth of Up 20.0%. Last month, 23 houses were available, with 66 transactions completed in the past year. Properties spend around 33 days on the market, reflecting the area's demand with 1426 interested buyers. The average rental yield stands at 3.3%, with a weekly median rent of $530 per week and an average rent growth of Up 5.9%. Rental properties usually stay on the market for 21 days. The population in 2016 was 3699, which changed by +9.50% in the past five years. The median weekly household income is $1,446, reflecting an income change of +13.15% over the past five years. Residents have a median age of 42 years, and the suburb has an average annual growth for houses of +9.63%. To fully take advantage of BITTERN's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in BITTERN, Handle provides end-to-end property investment services, backed by data and experts.
The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.