1/40 Mitchell Street, Mornington, VIC 3931 | Property Value & History | OnTheHouse
OFF MARKET

1/40 Mitchell Street
Mornington VIC 3931

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 139m2
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Property Details for 1/40 Mitchell St, Mornington

1/40 Mitchell St, Mornington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 139m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in January 2025.

Building Type
Unit
Year Built
1988
Floor Size
85m2
Land Size
139m2
Local Government
Mornington Peninsula
Lot/Plan
1/RP7071

Last Listing description (June 2025)

This neat two-bedroom unit offers a relaxed low-maintenance lifestyle in a boutique block of just two. Perfect for first home buyers starting out on their property journey, investors or those looking to downsize.

Set on a corner block with picturesque parkland views, this property is perfectly positioned to enjoy the best of the area & awaiting your cosmetic influence. Stroll to Wilson Road shops, Fisherman's Beach, and Main Street, and savour beautiful sunsets from your doorstep. An ideal property for those seeking their first home to personalise & modernise or investment property amongst the serene setting.

- A generous living area seamlessly flows into the well-equipped kitchen with gas cooktop, electric oven and overhead range hood.

- Two double-sized bedrooms, complete with built-in robes
- A central bathroom with shower, bathtub and vanity, plus a separate laundry and toilet for added practicality
- Secure private rear patio
- A single lock-up garage

If you're considering this property as a potential investment or are interested in exploring other investment opportunities, please contact our rental department manager Sally Jones on 0419 895 227.

Property History for 1/40 Mitchell St, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Sold
$580,000
15 Jan 2025
Listed for Rent
$310/w
18 Oct 2018
  • 15 Jan 2025
    Sold for $580,000
  • 26 Nov 2024
    Listed for Sale Under Contract
  • 25 Jul 2018
    Listed for Rent $310 / week
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About Mornington 3931

The size of Mornington is approximately 21.3 square kilometres. There are 58 parks, covering nearly 13.4% of the total area. The population of Mornington in 2016 was 23989 people. By 2021 the population was 25759 showing a population growth of 7.4% in the area during that time. The predominant age group in Mornington is 70-79 years. Households in Mornington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mornington work in a professional occupation.In 2021, 73.30% of the homes in Mornington were owner-occupied compared with 71.60% in 2016.

Mornington has 15,786 properties. Over the last 5 years, Houses in Mornington have seen a 8.35% increase in median value, while Units have seen a 10.07% increase. As at 31 May 2026:

  • The median value for Houses in Mornington is $1,194,316 while the median value for Units is $814,385.
  • Houses have a median rent of $733 while Units have a median rent of $600.
There are currently 32 properties listed for sale, and 9 properties listed for rent in Mornington on OnTheHouse. According to Cotality's data, 664 properties were sold in the past 12 months in Mornington.

Suburb Insights for Mornington 3931

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.