2/31 Transmission StreetMornington QLD 4825
Property Details for 2/31 Transmission St, Mornington
2/31 Transmission St, Mornington is a 5 bedroom, 2 bathroom Unit. The property has a land size of 809m2.
Last Listing description (September 2023)
*Showing appox 10.1% return on investment!
Making its debut onto the market is this amazing investment opportunity on Transmission Street. This block boasts 2 units with separate yards & carport. Unit 1 is fully tiled throughout with an open lounge & dining room. The kitchen is tucked away with gas cooking and loads of cupboard and bench space making cooking a breeze. 3 bedrooms all ranging in size, the bathroom is modern with shower and toilet and an external laundry. Unit 2 is down the back with a huge lounge & dining room, vibrant kitchen with heaps of cupboard and bench space. 2 generous sized bedrooms, shower over tub facilities and an internal laundry.
These two units will not last long! If this investment opportunity sounds good to you, call City & Country Realty Sales Team to arrange an inspection today! Kieran Tully 0416 117 001 or Sam Johnston 0467 076 756
Property Code: 4133
Property History for 2/31 Transmission St, Mornington, QLD 4825
- 04 May 2023Listed for Sale $389,000
- 11 Jan 2022Listed for Sale UNDER CONTRACT
- 07 Dec 2020Listed for Rent - Price not available
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0About Mornington 4825
The size of Mornington is approximately 1 square kilometres. It has 2 parks covering nearly 9.8% of total area. The population of Mornington in 2011 was 1,918 people. By 2016 the population was 1,754 showing a population decline of 8.6% in the area during that time. The predominant age group in Mornington is 20-29 years. Households in Mornington are primarily couples with children 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, 40.4% of the homes in Mornington were owner-occupied compared with 38.5% in 2016.
Mornington has 991 properties. Over the last 5 years, Houses in Mornington have seen a 14.26% increase in median value, while Units have seen a -27.64% decrease. As at 31 October 2024:
- The median value for Houses in Mornington is $240,911 while the median value for Units is $223,790.
- Houses have a median rent of $450 while Units have a median rent of $280.
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