FOR SALE
$200,000

331/98 Bungower Road
Mornington VIC 3931

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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The Brief: DOWNSIZE OR RETIRE IN STYLE!

It's Addressed:
MORNINGTON GARDENS HOLIDAY VILLAGE
OVER 55’S - NO PETS - NO INVESTORS.
IF YOU THINK YOU CAN’T AFFORD TO RETIRE ON THE PENINSULA– CHECK THIS OUT!
Loaded with charm and beautifully presented, this fabulous home is very liveable as is though provides a great opportunity for a renovation project. Set on a quiet and private allotment, the home offers a good sized lounge room, dining room, cute kitchen, main bedroom with built in robes, 2nd bedroom or study, combined bathroom and laundry, verandah, garden shed and a natural garden setting.
Situated in the permanent residential area of the complex in a truly picturesque setting among other villa style homes, this delightful home presents an affordable retirement option for the over 55’s.
This unique facility offers security, privacy, a community atmosphere and a peaceful environment and offers a perfect opportunity to free up your life financially and enjoy a relaxed and stress free lifestyle!!
With all the facilities that Mornington has on offer at your doorstep and loads of benefits including NO STAMP DUTY, this is definitely one home to consider!
For more Real Estate in Mornington contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
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Property Details for 331/98 Bungower Rd, Mornington

331/98 Bungower Rd, Mornington is a 2 bedroom, 1 bathroom Retirement. The place is currently for sale with AREA SPECIALIST KEYSBOROUGH.

Building Type
Retirement

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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 2011 was 22,421 people. By 2016 the population was 23,995 showing a population growth of 7.0% in the area during that time. The predominant age group in Mornington is 60-69 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 2011, 71.5% of the homes in Mornington were owner-occupied compared with 71.6% in 2016.

Mornington has 15,589 properties. Over the last 5 years, Houses in Mornington have seen a 31.12% increase in median value, while Units have seen a 21.93% increase. As at 30 November 2024:

  • The median value for Houses in Mornington is $1,110,129 while the median value for Units is $767,883.
  • Houses have a median rent of $690 while Units have a median rent of $580.
There are currently 56 properties listed for sale, and 14 properties listed for rent in Mornington on OnTheHouse. According to CoreLogic's data, 547 properties were sold in the past 12 months in Mornington.

Suburb Insights for Mornington 3931

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Susan Clavin
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AREA SPECIALIST KEYSBOROUGH
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.