Roll up your sleeves and bring your paintbrush
Plain in street appearance but extraordinary in its offering this will be the property that got away if you don't act now. In original condition waiting to be renovated, the house features two living areas, two large bedrooms and French doors leading to a covered Alfresco dining area. What makes this property special is the location of this 407m2 (approx.) allotment on it's own title. Walking distance to Main St shops, schools and the beach in an area known for development and growth means this property offers excellent potential for the investor looking to buy and hold or renovate and add value. This is an opportunity not to be missed. Tenanted until 17/01/2015 at $1300 pcm.
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 21.04% increase in median value, while Units have seen a 21.72% increase. As at 31 December 2025:
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