21 Herbert Street, Mornington, VIC 3931 | Property Value & History | OnTheHouse
OFF MARKET

21 Herbert Street
Mornington VIC 3931

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 121m2
Land area: 985m2
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Last updated 2 Feb 2026
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Property Details for 21 Herbert St, Mornington

21 Herbert St, Mornington is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 985m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1980
Floor Size
121m2
Land Size
985m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS315226

Last Listing description (January 2026)

Commanding a blue-chip position within one of Mornington's most prestigious Beleura Hill streets, this exceptional property represents a rare and highly versatile opportunity. Privately set on an expansive 985 sqm (approx.) allotment, it is only a short stroll to the sand at Mills Beach and the caf culture of Main Street, offering both lifestyle appeal and outstanding development credentials.

The existing single-level brick residence presents in immaculate order with new internal paintwork, brand-new carpets, updated lighting and fresh window furnishings. Designed for abundant natural light, the home features cathedral ceilings, large picture windows and excellent indoor/outdoor connectivity. Accommodation comprises three bedrooms (main with ensuite), a central family bathroom, well-appointed kitchen and meals area, generous living domain opening to a covered alfresco terrace, a good-sized laundry with external access and a double lock-up garage. The property is currently tenanted, providing reliable holding income while future plans are realised.

Significantly, approved planning permits are already in place for the construction of a luxurious 5 bedroom, 3 bathroom, 3 car family residence. This valuable endorsement enables a purchaser to proceed with confidence, eliminating lengthy planning processes and ensuring a seamless transition from acquisition to construction.

Whether retained as a secure investment, renovated further, or developed immediately to create a landmark family estate, this property offers a compelling combination of location, scale and planning certainty seldom found in the Mornington market.

Currently rented at $550 per week on periodic tenancy
Land Size: 985sqm (approx)

Property History for 21 Herbert St, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Sold
$1,710,000
01 Nov 2023
  • 10 Oct 2025
    Listed for Sale Contact Agent
  • 04 Oct 2024
    Listed for Rent $675 / week
  • 01 Nov 2023
    Sold for $1,710,000
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About Mornington 3931

The size of Mornington is approximately 21.3 square kilometres. It has 58 parks covering nearly 13.4% of 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 15,843 properties. Over the last 5 years, Houses in Mornington have seen a 21.04% increase in median value, while Units have seen a 21.72% increase. As at 31 December 2025:

  • The median value for Houses in Mornington is $1,166,537 while the median value for Units is $799,952.
  • Houses have a median rent of $675 while Units have a median rent of $595.
There are currently 41 properties listed for sale, and 1 property listed for rent in Mornington on OnTheHouse. According to Cotality's data, 678 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.