40 Strachans Road, Mornington, VIC 3931 | Property Value & History | OnTheHouse
OFF MARKET

40 Strachans Road
Mornington VIC 3931

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 315m2
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Property Details for 40 Strachans Rd, Mornington

40 Strachans Rd, Mornington is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 315m2. While the property is not currently for sale or for rent, it was last sold in July 2000.

Building Type
House
Land Size
315m2
Local Government
Mornington Peninsula
Lot/Plan
2/PS419781

Last Listing description (October 2023)

Steeped in history as one of Mornington's original coastal homes, 'Lemontree Cottage' is an enchanting 1920s gem fusing old world charm and contemporary updates to deliver a rare beachside package complete with a lucrative side income from the self contained Airbnb accommodation in the rear.

A corner property with two entrances, the home is filled with the timeless charm of yesterday with towering ceilings, original floorboards, sash windows, picture rails and sparkling chandeliers, while a luxurious studio guest house at the rear provides a lucrative side income from the self contained Airbnb accommodation.

Pretty as a picture behind picket fence and flowering cottage gardens, the main residence impresses with a crisp white interior, a sumptuous lounge with gas fireplace and an elegant kitchen with a dishwasher, Belling oven and large adjoining dining room.

Down a hall two generous bedrooms share a gorgeous bathroom with black and white chequered floor tiles, frameless glass shower and updated vanity.

An enchanting rear deck provides lovely alfresco space with a towering green wall of ivy that hides a secret gate opening to the rear cottage, which currently nets approximately $35,000 a year on the holiday rental market.

Flanked by a wraparound deck with both covered and sunsoaked zones, the luxurious studio guest house boasts a lovely bedroom, kitchenette and ensuite bathroom, along with its own private access and driveway to deliver absolute peace and privacy for guests or visiting family.

Literally footsteps to the clifftop trails meandering down to a selection of crystal coves, a short stroll to cafes and takeaways, and around 2 minutes' drive (or 20 minutes' walk) to the bounty of wine bars, bistros and restaurants along Main Street, this delightful property would also thrive on the B&B market as two separate accommodations.

Property History for 40 Strachans Rd, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Sold
$150,000
08 Jul 2000
Listed for Rent
19 Sep 2009
  • 09 Jun 2023
    Listed for Sale $1,250,000 - $1,350,000
  • 16 Jun 2012
    Listed for Sale OFFERS OVER $690,000
  • 27 Feb 2011
    Listed for Sale $650,000
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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, 644 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.