5 Thomas Street, Mornington, VIC 3931 | Property Value & History | OnTheHouse
 
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5 Thomas Street
Mornington VIC 3931

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 104m2
Land area: 594m2
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Last updated 19 Jan 2026
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Property Details for 5 Thomas St, Mornington

5 Thomas St, Mornington is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 594m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
1970
Floor Size
104m2
Land Size
594m2
Local Government
Mornington Peninsula
Lot/Plan
165/LP87708

Last Listing description (April 2023)

Presented for the astute buyer, a range of options unfold across an original footprint with scope to reimagine the 599sqm (approx.) allotment. Boasting the accessibility of a single level design balanced between major retail centres a comfortable position promises fuss-free living. Moments from Morningtons sparkling coastline and vibrant Main Street, the three bedroom residence allures with a space to embark on an exciting project.

Opening to the living space positioned for the afternoon sun, an original design remains true to its era with separate meals and kitchen zones requiring renovation to restore functionality. Thoughtfully crafted with the option to reconfigure interior walls, the layout invites an open-plan design to enlarge internal dimensions with complete freedom to choose finishes bolstered with character flair.

Continuing with a functional design three bedrooms share a central bathroom requiring the excitement of a renovation project to complete a functional home within the existing residence without the stress of seeking plans and permits.

Positioned for secure rental returns and effortless proximity to Morningtons every offering the location proposes a future of growth surrounded by local schools and lifestyle amenities

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Property History for 5 Thomas St, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Sold
$669,000
19 Mar 2023
  • 19 Mar 2023
    Sold for $669,000
  • 01 Mar 2023
    Listed for Sale $580,000 - $640,000
  • 29 Jul 1991
    Sold for $70,000
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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 15,844 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 34 properties listed for sale, and 2 properties listed for rent in Mornington on OnTheHouse. According to Cotality's data, 667 properties were sold in the past 12 months in Mornington.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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