5/3 Olley Way, Mornington, VIC 3931 | Property Value & History | OnTheHouse
OFF MARKET

5/3 Olley Way
Mornington VIC 3931

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 190m2
Land area: 410m2
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Property Details for 5/3 Olley Way, Mornington

5/3 Olley Way, Mornington is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 410m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in July 2012.

Building Type
Unit
Year Built
2007
Floor Size
190m2
Land Size
410m2
Local Government
Mornington Peninsula
Lot/Plan
5/PS538677

Last Listing description (October 2012)

Tastefully renovated throughout this home now has the modern look while still retaining a warm homely feeling. Three bedrooms plus study with large open living areas will give your family plenty of room to spread out and relax enjoying the low maintenance lifestyle many people have come to love.

A Kitchen with loads of bench space and storage finished with stainless steel appliances open to the dining and family room will keep the master chef content and the large lounge room with open fire place will be the choice location to relax during the winter months while the large outdoor entertaining area complete with decked undercover spa will have you relaxing in style with your friends and family all summer long.


The master bedroom with ensuite and walk in robe opens onto the spa deck inviting you for a therapeutic soak before bed time. Two other great sized bedrooms both with double robes plus a large study with loads of room for desks and bookcases is conveniently located close to the family room.

With many other features including gas ducted central heating, a built in speaker system wired throughout the living/entertaining areas of the home, located in a quiet secure court complex only a short stroll from Bentons Square Shopping Centre, Bentons Junior College and public transport you are sure to be impressed by this feature packed property so make sure you add this amazing home to your inspection list this weekend!

Proudly marketed by Blue Water Bay Real Estate - the experts in Mornington and Mount Martha Real Estate!

Property Code: 1333

Property History for 5/3 Olley Way, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Sold
$420,000
26 Jul 2012
  • 26 Jul 2012
    Sold for $420,000
  • 29 Mar 2012
    Listed for Sale $445,000
  • 12 Jun 2008
    Sold for $307,000
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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 15,784 properties. Over the last 5 years, Houses in Mornington have seen a 8.35% increase in median value, while Units have seen a 10.07% increase. As at 31 May 2026:

  • The median value for Houses in Mornington is $1,194,316 while the median value for Units is $814,385.
  • Houses have a median rent of $733 while Units have a median rent of $600.
There are currently 34 properties listed for sale, and 9 properties listed for rent in Mornington on OnTheHouse. According to Cotality's data, 665 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.