SOLD
RECENT ADVICE
Sold on 17 Jul 2024 for $238,000

118/98 Bungower Road
Mornington VIC 3931

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 118/98 Bungower Rd, Mornington

118/98 Bungower Rd, Mornington is a 2 bedroom, 1 bathroom Retirement with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Retirement sold in Mornington in the last 12 months.

Building Type
Retirement
Local Government
Mornington Peninsula

Last Listing description (July 2024)

It's Addressed:

Fully renovated and well-designed, this residence offers an excellent retirement or downsizing option for those over 55.

The unit features a spacious lounge and dining area, a well-appointed kitchen equipped with ample storage, and a large breakfast bar. The master bedroom and second bedroom or study have built-in robes and direct access to the beautiful bathroom. Other features include timber floors, lovely window furnishings, laundry facilities, a charming facade, split system heating and cooling, and a single carport.

Situated in the permanent residential area of the complex in a truly picturesque setting among other villa-style homes, this delightful unit presents an affordable retirement option for the over 55’s.

This unique facility offers security, privacy, a community atmosphere, and a peaceful environment.

If you’re OVER 55, this is 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!

SORRY NO PETS!! NO INVESTORS!!

Call us today to arrange an inspection

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.

Property History for 118/98 Bungower Rd, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Sold
$238,000
17 Jul 2024
  • 17 Jul 2024
    Sold for $238,000
  • 17 Apr 2024
    Listed for Sale $250,000 - $280,000

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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 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 15,533 properties. Over the last 5 years, Houses in Mornington have seen a 43.75% increase in median value, while Units have seen a 21.35% increase. As at 31 October 2024:

  • The median value for Houses in Mornington is $1,097,753 while the median value for Units is $759,595.
  • Houses have a median rent of $698 while Units have a median rent of $575.
There are currently 63 properties listed for sale, and 13 properties listed for rent in Mornington on OnTheHouse. According to CoreLogic's data, 527 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.