SOLD
Sold on 01 Feb 2024 for $630,000

12/1140 Nepean Highway
Mornington VIC 3931

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 166m2
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Property Details for 12/1140 Nepean Hwy, Mornington

Building Type
Commercial
Land Size
166m2
Local Government
Mornington Peninsula
Lot/Plan
12/SP23042

Last Listing description (August 2023)

Be a part of this vibrant practice, with an office of approximately 12m2 (3m x 4m)
Features include;
- Light filled reception and waiting area

- Shared kitchen and bathroom facilities
- Ample carparking
- Rent is inclusive of outgoings
- Available 1st December

Please call Michelle Adams on 0407 743 858 to arrange an inspection.

Property History for 12/1140 Nepean Hwy, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Sold
$630,000
01 Feb 2024
Listed for Rent
$25/w
24 Aug 2023
  • 01 Feb 2024
    Sold for $630,000
  • 15 Nov 2022
    Listed for Rent $15,600 / month
  • 23 Jan 2020
    Listed for Rent $14,300 / week
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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 15,491 properties. Over the last 5 years, Houses in Mornington have seen a 31.27% increase in median value, while Units have seen a 26.81% increase. As at 31 August 2024:

  • The median value for Houses in Mornington is $1,047,818 while the median value for Units is $784,008.
  • Houses have a median rent of $680 while Units have a median rent of $570.
There are currently 64 properties listed for sale, and 13 properties listed for rent in Mornington on OnTheHouse. According to CoreLogic's data, 550 properties were sold in the past 12 months in Mornington.

Suburb Insights for Mornington 3931

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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.