17 Queen Street, Mornington, VIC 3931 | Property Value & History | OnTheHouse
OFF MARKET

17 Queen Street
Mornington VIC 3931

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1102m2
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Property Details for 17 Queen St, Mornington

Building Type
Commercial
Land Size
1102m2
Local Government
Mornington Peninsula
Lot/Plan
2/RP14778

Last Listing description (May 2025)

EXPRESSIONS OF INTEREST CLOSING 1ST APRIL AT 3PM

Steps from Main Streets cafes, restaurants and boutique shopping, seize this unique opportunity to redevelop and create luxury new homes in Melbournes favourite seaside town. With potential for two/three new individual homes (STCA) in one of Morningtons most sought-after streets, this is a rare chance to make a statement in design and lifestyle so close to Morningtons beating commercial heart, the harbour and pristine beaches. Set on a huge 1102sqm allotment, the site is currently home to a 1960s-built block of seven two-bedroom apartments on short-term leases.

Just 250m from Royal Beach, 600m to Mothers Beach, 350m to the Centro shopping centre and 200m to a plethora of Main St shops and cafes, development opportunities like this are incredibly rare.

- Rare & unique redevelopment opportunity
- 1102sqm site zoned General Residential
- Approx dimensions 48.8m x 23m (approx.)
- Potential for three luxury townhouses (STCA)
- Prized Queen St address
- Existing older 7-unit apartment complex
- Currently 6 units leased
- Steps from Main St shops & cafes
- 250m to Royal Beach, 600m to Mothers Beach
- Quiet leafy no-thru street

Property History for 17 Queen St, Mornington, VIC 3931

A timeline of how this property has performed in the market
Listed for Rent
$260/w
24 Jul 2015
  • 06 Mar 2025
    Listed for Sale EXPRESSIONS OF INTEREST - $2,500,000 - $2,700,000
  • 24 Jul 2015
    Listed for Rent $260 / 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 15,834 properties. Over the last 5 years, Houses in Mornington have seen a 3.12% increase in median value, while Units have seen a 12.25% increase. As at 30 June 2026:

  • The median value for Houses in Mornington is $1,163,680 while the median value for Units is $832,745.
  • Houses have a median rent of $745 while Units have a median rent of $618.
There are currently 32 properties listed for sale, and 9 properties listed for rent in Mornington on OnTheHouse. According to Cotality's data, 645 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.