5/2 Ross Street, Mornington, VIC 3931 | Property Value & History | OnTheHouse
OFF MARKET

5/2 Ross Street
Mornington VIC 3931

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 5/2 Ross St, Mornington

5/2 Ross St, Mornington is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2010.

Building Type
Unit
Year Built
2010
Local Government
Mornington Peninsula
Lot/Plan
5BS/PS613017

Last Listing description (April 2025)

SOHO

Celebrating a quality of life of the strongest desire, this 2-bedroom, 2-bathroom apartment reveals the ultimate package of cosmopolitan living and a relaxed beachside lifestyle, irresistibly positioned in the heart of vibrant Main Street and approximately 200m from Scout Beach and Mothers Beach.

Resting in a convenient first-floor position, this light-filled retreat appreciates its contemporary design with an open-plan living and dining area and a sleek stone kitchen featuring a gas cooktop. Floor-to-ceiling sliding doors open to bring the surrounding lifestyle ever closer, with a balcony terrace embracing its glorious northern orientation and promising endless enjoyment, whether relaxing alfresco-style, soaking up the sun, or catching the sea breeze.

Stylish with marble-inspired stone benchtops, two bathrooms include a primary bathroom and an ensuite to the main bedroom, with both bedrooms enjoying the comfort of carpeted floors and built-in robes. A laundry, storage cage and secure undercover parking complete the amenities, whilst secure entry, an intercom, and reverse-cycle air conditioning provide added comfort.

A gainful investment, the property has most recently been operating as a permanent holiday rental, with figures available on request should you wish to continue this income stream, and there's the option to purchase the property furnished.

Located in the heart of the Peninsula's largest beachside village, a destination with over 370 fashion, dining and wellness establishments, and across the road from 400 Gradi - the two-time title holder awarded Best Pizzeria in Oceania, further afield explore the world-renowned wineries, golf courses, and Peninsular Hot Springs, whilst it's an easy 50 minute (approx) commute to Melbourne CBD with freeway access nearby.

- Open-plan living and dining
- Stylish kitchen with stone benchtops
- North-facing balcony with sweeping Village views
- Main bedroom with ensuite
- Double-glazed windows, reverse-cycle air conditioning
- Secure entry and intercom
- Secure basement parking and a storage cage
- Unbeatable lifestyle location
- Established AIR BNB
- Fully furnished if required
- Returning 60K plus per annum on average over the last 3 years
- Walk in walk out

Property History for 5/2 Ross St, Mornington, VIC 3931

A timeline of how this property has performed in the market
  • 28 Jan 2025
    Listed for Sale $960,000 - $1,050,000
  • 09 Apr 2024
    Listed for Sale $960,000 - $1,050,000
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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 18.10% increase in median value, while Units have seen a 20.38% increase. As at 31 January 2026:

  • The median value for Houses in Mornington is $1,179,805 while the median value for Units is $812,084.
  • Houses have a median rent of $680 while Units have a median rent of $595.
There are currently 43 properties listed for sale, and 2 properties listed for rent in Mornington on OnTheHouse. According to Cotality's data, 679 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.