Crib Point
Only 3,343 people occupy Crib Point's 6.56 square kilometres on the Mornington Peninsula, producing a density of 509 people per km2, well below the metropolitan average. What stands out is the ownership profile: 30.8% own outright and 50.4% carry a mortgage, making this one of the more mortgage-dependent communities on the peninsula. Household income sits in the 43.9th percentile nationally, below the median, yet 81.2% of dwellings are separate houses, a figure more typical of outer-fringe suburbs than mid-coast locations. Healthcare and construction account for 36.3% of local employment combined, anchoring the economy in hands-on, service-facing work rather than professional office roles.
Population
3,343
Median Age
39.0
Household IncomeiMedian weekly household income (ABS Census)
$1,447/wk
DAs (12 months)iDevelopment Applications lodged in the past year
5
Median House
$680K
Apr-Jun 2024
The median house price reached $680,000 in the April to June 2024 quarter, down 18.6% from the peak of $835,000 recorded in July to September 2023. For context, prices have still risen 91.5% since 2013 when the median was $355,000, representing a compound annual growth rate of 4.8% over 14 years. Separate houses dominate at 81.2% of stock, with 55.6% of dwellings having 3 bedrooms and 24.7% having 4 or more. Monthly mortgage repayments average $1,603, and at a mortgage-to-income ratio of 25.6%, buyers are below the 30% stress threshold, which is a meaningful edge compared to many higher-priced coastal suburbs. Only 18.8% of residents rent, signalling a stable, owner-occupier driven market.
For Buyers
The median house price reached $680,000 in the April to June 2024 quarter, down 18.6% from the peak of $835,000 recorded in July to September 2023. For context, prices have still risen 91.5% since 2013 when the median was $355,000, representing a compound annual growth rate of 4.8% over 14 years. Separate houses dominate at 81.2% of stock, with 55.6% of dwellings having 3 bedrooms and 24.7% having 4 or more. Monthly mortgage repayments average $1,603, and at a mortgage-to-income ratio of 25.6%, buyers are below the 30% stress threshold, which is a meaningful edge compared to many higher-priced coastal suburbs. Only 18.8% of residents rent, signalling a stable, owner-occupier driven market.
For Investors
Rental demand is thin at 18.8% of households, well below the national renter share of around 30%, which limits the tenant pool for investors. Weekly rent of $340 against a $680,000 median implies a gross yield near 2.6%, modest but not extreme for a coastal market. The vacancy rate of 4.9% is elevated, sitting above the 3% threshold typically associated with balanced conditions, suggesting landlords face more competition for tenants than the headline figures imply. Only 4 development applications were lodged in the past 12 months, including a 2-lot subdivision, so new supply pressure is minimal. The long-run price CAGR of 4.8% over 14 years provides a reasonable capital growth base, though the 18.6% pullback from the 2023 peak indicates the market is still repricing from the COVID-era surge.
Development Activity
Total DAs
17
Last 12 Months
5
YoY ChangeiYear-over-year change in DA lodgements
+400.0%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Crib Point iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
St Joseph's School
Prep-6 · 201 students
Crib Point Primary School
Prep-6 · 251 students
Demographics
The median age of 39 is 1 year below the national figure of 40, placing Crib Point slightly younger than the national average without a significant skew. Overseas-born residents account for 12.6% of the population, which is 9 percentage points below the national figure, reflecting a predominantly locally-born community. Ancestry is heavily Anglo-Celtic: English leads at 1,542 residents, followed by Irish (383) and Scottish (380). University qualifications reach 15.3%, which is 14.8 percentage points below the national figure, consistent with the suburb's blue-collar and community-service occupational profile. Average household size of 2.5 matches the national average, and 26% of families are couples without children, while couples with children make up a larger 41.6% share of the 2,651 total families.
Age Distribution
Bedrooms
Dwelling Structure
81.2%
Houses
18.6%
Townhouse
0.2%
Apartment
Tenure
Crib Point has a strongly owner-occupier character: 30.8% own outright, 50.4% carry a mortgage, and only 18.8% rent, a tenure split that sits well above the national ownership rate. The stock is almost entirely separate houses at 81.2%, with semi-detached dwellings making up 18.6% and apartments a negligible 0.2%. Three-bedroom dwellings are the mode at 55.6%, followed by 4-plus bedrooms at 24.7%. Looking at the full price history, the median fell from $740,000 in January to March 2024 to $680,000 in April to June 2024, and is 18.6% below the $835,000 peak of mid-2023. Housing stress indicators are below concern thresholds: rent-to-income at 23.5% and mortgage-to-income at 25.6% both sit under the standard 30% stress line.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$1,603
Rent / wk
$340
HH Size
2.5
Personal Income / wk
$730
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
4.9%
Unoccupied
66
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
23.5%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
25.6%
Community Profile
Ancestry
Household Composition
26.0%
Couples, no children
2,651
Total families
Economy & Employment
Healthcare is the dominant employer at 18.8% of the local workforce (195 workers), followed closely by Construction at 17.5% (181 workers). Education adds 11.5% (119 workers) and Manufacturing 9.3% (96 workers), with Retail rounding out the top five at 7.4%. By occupation, Community and Personal Service workers lead at 230, followed by Labourers at 202 and Professionals at 182. The unemployment rate of 4.7% is slightly above the national average, and the participation rate of 58.8% is moderate, with 853 residents not in the labour force. Personal weekly income of $730 puts the suburb below median nationally, consistent with a workforce concentrated in community services, trades, and manufacturing rather than higher-paying professional sectors.
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
57.1%
Part-time
38.2%
Participation
58.8%
Employed
1,506
Occupations
Top Industries
University
15.3%
Postgraduate
3.2%
Born Overseas
12.6%
Dwellings
1,266
Transport to Work
Car dependency is high at 92.7% of workers commuting by car, compared to just 0.8% using public transport, which is well below the national public transport mode share. Walking and cycling account for 1.7% of commutes. The crime rate of 47 incidents per 1,000 residents covers 157 total offences, with property and deception offences the largest category at 64 incidents, followed by crimes against the person at 46. Volunteering is at 13.6% of residents, and 6.3% (200 people) require daily assistance. Housing stress indicators are healthy: rent-to-income at 23.5% and mortgage-to-income at 25.6% both remain below the 30% stress threshold, making day-to-day affordability more manageable than in higher-priced coastal markets. No schools are recorded within the suburb boundary in this dataset.
Drive
92.7%
Public Transport
0.8%
Walk / Cycle
1.7%
Work from Home
N/A
Safety & Crime
Total Offences
157
Year ending June 2024
Rate per 1,000 People
47.0
Offence Categories
Source: Crime Statistics Agency Victoria / SA Police
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Crib Point compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Crib Point a good suburb to live in?
Crib Point suits buyers seeking a quiet coastal peninsula location with strong owner-occupier stability. Around 81.2% of dwellings are separate houses, 84.7% of residents stayed put in the prior year, and housing stress indicators are low with mortgage-to-income at 25.6%. The trade-off is very high car dependency at 92.7% and university qualifications of 15.3%, well below the national figure.
What is the median house price in Crib Point?
The median house price is $680,000, recorded in the April to June 2024 quarter. This is 18.6% below the suburb peak of $835,000 in July to September 2023. Monthly mortgage repayments average $1,603, and the long-run price growth since 2013 is 91.5%, representing a compound annual growth rate of 4.8% over 14 years.
What schools are in Crib Point?
No schools are recorded within the Crib Point boundary in this dataset. Families rely on schools in surrounding Mornington Peninsula suburbs. The local population has university qualifications at 15.3%, which is 14.8 percentage points below the national figure, reflecting the suburb's trade and service-sector employment base.
Is Crib Point safe?
Crib Point recorded 157 total offences in the reference period, a crime rate of 47 per 1,000 residents. Property and deception offences were the largest category at 64 incidents, followed by crimes against the person at 46. The rate of 47 per 1,000 can be compared against other VIC suburbs to assess relative safety.
Is Crib Point good for property investment?
The rental market is limited, with only 18.8% of residents renting and a vacancy rate of 4.9%, above the 3% balanced-market threshold. Weekly rent of $340 against a $680,000 median implies a gross yield of around 2.6%. The long-run price CAGR of 4.8% over 14 years supports a capital growth case, though the current 18.6% pullback from the 2023 peak means the market is still repricing.
How is Crib Point's population changing?
Crib Point's population stands at 3,343 with a residential stability rate of 84.7%, meaning most residents stayed in place in the prior year. The suburb has a low development pipeline with only 4 planning applications in 12 months, which limits new supply and population growth. The median age of 39 is 1 year below the national figure, indicating a slightly younger than average profile.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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