42 Spence StreetMornington QLD 4825
Property Details for 42 Spence St, Mornington
42 Spence St, Mornington is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1965. The property has a land size of 1012m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last transferred in December 2024.
Last Listing description (August 2017)
If you are looking for an easy-care property for super investing - look no further. This recently renovated 2 x 2 bedroom block, furnished duplex is ready for your buying pleasure as a fantastic addition to your portfolio! Each unit features 2 spacious bedrooms with built in robes, split system airconditioning; modular kitchens; separate laundries and entertainment areas; neat tiled bathrooms. With absolutely no money needing to be spent you can relax and let the money roll in, or realise the possibility of future growth with huge flat back yard offering ample room to build further dwellings on the block (subject to council approval).
The current owner has done all the work so you don't have to, adding many new features to make the tenants happy: security screens; brand new colourbond fencing; fully repainted inside and out; electrical box upgrade; new kitchen in unit 2; new roof. The list of extras is endless and the opportunities for the lucky new owner of this property are boundless! Give us a call today to view - you will be glad you did.
Property History for 42 Spence St, Mornington, QLD 4825
- 05 Dec 2024Transferred for $300,000
- 03 Sep 2015Listed for Sale Not Disclosed
- 03 Oct 2014Listed for Sale $429,000
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0About Mornington 4825
The size of Mornington is approximately 1.0 square kilometres. It has 2 parks covering nearly 9.8% of total area. The population of Mornington in 2016 was 1764 people. By 2021 the population was 1846 showing a population growth of 4.6% in the area during that time. The predominant age group in Mornington is 30-39 years. Households in Mornington are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mornington work in a professional occupation.In 2021, 32.80% of the homes in Mornington were owner-occupied compared with 38.50% in 2016.
Mornington has 997 properties. Over the last 5 years, Houses in Mornington have seen a -8.46% decrease in median value, while Units have seen a -8.81% decrease. As at 31 December 2025:
- The median value for Houses in Mornington is $237,092 while the median value for Units is $243,305.
- Houses have a median rent of $420 while Units have a median rent of $305.
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