21/20 Main Street, Mornington, VIC 3931 | Property Value & History | OnTheHouse
OFF MARKET

21/20 Main Street
Mornington VIC 3931

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 65m2
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Last updated 21 Sep 2026
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Property Details for 21/20 Main St, Mornington

21/20 Main St, Mornington is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 65m2. While the property is not currently for sale or for rent, it was last sold in July 2018.

Building Type
Unit
Year Built
2019
Land Size
65m2
Local Government
Mornington Peninsula
Lot/Plan
206/PS742588

Last Listing description (September 2026)

Currently rented $750 per week until January 2027

Positioned within the award-winning & iconic 'Miramar' building, "Lulu @ Miramar" offers a rare opportunity to secure a truly special one-bedroom apartment in one of Mornington's most tightly held and sought-after locations. Showcasing bay views from the private balcony and just moments from the shoreline, this residence delivers the perfect blend of lifestyle, convenience, and income potential. Whether you're an investor, holidaymaker, or owner-occupier, this beautifully presented, fully furnished apartment is ready to enjoy immediately while offering exceptional flexibility and strong returns.

Property Highlights:

Prime central location approx. 800m to Mother's Beach and Mornington Park
Positioned in the iconic, award-winning Miramar complex
Light-filled one-bedroom apartment on the second floor (lift access across 4 levels)
Private balcony with bay views
Fully furnished move straight in or continue as a high-performing Airbnb.
Proven income stream: Holiday rental approx. $250-$500 per night. Permanent rent approx. $38,000p.a.
Ideal for investors, downsizers, first-home buyers, or holidaymakers
Secure fob entry and underground stacker car parking

Lifestyle Features:
Spectacular rooftop terrace with 250+ degree bay and coastline views
Communal BBQ area, seating zones, and firepit perfect for entertaining
Shared veggie patch for residents
Surrounded by cafs, restaurants, and boutique shopping
Two supermarkets within easy walking distance
Public transport connecting Frankston to Portsea also at your doorstep

Why You'll Love It:
Rare opportunity to secure a sub-$1M property in a premium Mornington location
Flexibility to live in, lease out, or holiday let
Strong, established income history
Turnkey offering with everything in place

Property History for 21/20 Main St, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Sold
$630,000
12 Jul 2018
Listed for Rent
$750/w
18 Jan 2023
  • 04 May 2026
    Listed for Sale $700,000-$770,000
  • 21 Apr 2026
    Listed for Rent $745 / week
  • 12 Dec 2022
    Listed for Rent - Price not available
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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 15,853 properties. Over the last 5 years, Houses in Mornington have seen a -6.51% decrease in median value, while Units have seen a 2.16% increase. As at 31 August 2026:

  • The median value for Houses in Mornington is $1,108,841 while the median value for Units is $780,355.
  • Houses have a median rent of $755 while Units have a median rent of $625.
There are currently 34 properties listed for sale, and 12 properties listed for rent in Mornington on OnTheHouse. According to Cotality's data, 643 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.