12/5 Satu WayMornington VIC 3931
Property Details for 12/5 Satu Way, Mornington
Last Listing description (November 2023)
This great 118m2* warehouse in Mornington's Industrial Estate, is located just off Mornington-Tyabb Road, allowing ease of access to Nepean Hwy and Peninsula Link.
Key features include:
* Warehouse: 118m2*
* Electric container height roller door
* NBN connected
* 2 car parks, plus off-street parking
For further information or to arrange an inspection, please contact:
Tom Crowder
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorised use is strictly prohibited.
Property History for 12/5 Satu Way, Mornington, VIC 3931
- 02 Apr 2024Sold for $540,000
- 08 Nov 2023Listed for Sale $580,000
- 07 Jun 2017Sold for $299,200
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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.
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