5/88 Herbert Street, Mornington, VIC 3931 | Property Value & History | OnTheHouse
OFF MARKET

5/88 Herbert Street
Mornington VIC 3931

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 116m2
Land area: 273m2
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Property Details for 5/88 Herbert St, Mornington

5/88 Herbert St, Mornington is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 273m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1990
Floor Size
116m2
Land Size
273m2
Local Government
Mornington Peninsula
Lot/Plan
5/PS338362

Last Listing description (February 2023)

CONTACT AGENT FOR FURTHER INFORMATION

Generous proportions and a prosperous beachside position only paces from Mornington's coastlines and thriving cafe scene introduces this single-level sanctuary, with a wide-sweeping and private frontage.

House-sized proportions and light-filled dimensions capture effortless entertaining across distinct lounge and dining zones, where a bay window accompanies ample glazing to transfer leafy outlooks across both spaces. An open kitchen ensures the conversation continues whilst hosting, with a generous pantry, electric oven and gas cooktop providing easy food preparation.

Maintaining maximum privacy, the master bedroom complete with ensuite and walk-in robe presents with a peaceful ambiance, the result of a calm colour palette and both sheer and block-out window dressings. Furthered by an additional two bedrooms each with robes, the accommodation wraps a central bathroom with a private toilet, and dedicated laundry with rear access.

An extended paved entertaining space softened by raised garden beds welcomes easy outdoor entertaining, where both sheltered and sun-drenched conveniences present all-weather enjoyment. Showcasing an immaculate presentation that comes from years of care, this rear home of only five comes complete with ducted heating and evaporative cooling, and a double garage with workshop space.

-Positioned at the end of Herbert Street, sits Mills Beach with access to the Beleura Cliff Path (walking track)
-Discover Main Street's lively retail and cafe scene only a short, flat walk from home (via Stratton's Lane)
-The final of five residences within the complex; all currently owner occupiers
-Potential to further enhance to suite personal style, whilst comfortable for now
-Generous proportions amplify comfortable living and natural light
-Low-maintenance living within private surroundings
-Impeccably maintained with immaculate presentation
-Sensational downsizer, investment or first home

Property History for 5/88 Herbert St, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Sold
$878,000
08 Feb 2023
  • 08 Feb 2023
    Sold for $878,000
  • 23 Jan 2023
    Listed for Sale $850,000 - $895,000
  • 07 Jan 2011
    Transferred
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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 15,845 properties. Over the last 5 years, Houses in Mornington have seen a 20.75% increase in median value, while Units have seen a 23.95% increase. As at 30 November 2025:

  • The median value for Houses in Mornington is $1,137,446 while the median value for Units is $797,550.
  • Houses have a median rent of $675 while Units have a median rent of $590.
There are currently 42 properties listed for sale, and 6 properties listed for rent in Mornington on OnTheHouse. According to Cotality's data, 642 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.