FOR SALE
$800,000 - $880,000

865 Nepean Highway
Mornington VIC 3931

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 872m2
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Prime Vacant Block in Sought-After Mornington Location

Positioned on the highly desirable Nepean Highway, this expansive vacant block at 865 Nepean Highway, Mornington presents an incredible opportunity to build your dream home or develop a prime investment in one of the Peninsula's most coveted locations. Boasting a generous 872m2 land size and offering a rare blank canvas, this parcel of land provides endless potential. Whether you're envisioning a luxury residence or a boutique development, this block is perfectly placed to take advantage of Mornington's vibrant
lifestyle.
• Close proximity to Mornington Main Street with its renowned cafés, restaurants, and shopping.
• Easy access to Mornington Beach and scenic coastal walks.
• Convenient transport links to Melbourne CBD via Nepean Highway and Peninsula Link.
Seize the chance to create something extraordinary in the heart of Mornington.
Should you require any further information, please do not hesitate to contact Ellis Schofield on 0431 063 163 or Adam Price on 0401 667 232 anytime.
Please note Photo ID is required for all inspections.
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
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Property Details for 865 Nepean Hwy, Mornington

Building Type
Land
Land Size
872m2

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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 57 properties listed for sale, and 14 properties listed for rent in Mornington on OnTheHouse. According to CoreLogic's data, 543 properties were sold in the past 12 months in Mornington.

Suburb Insights for Mornington 3931

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Ellis Schofield
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Adam Price
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Ray White Frankston
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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.