12 Bungower RoadMornington VIC 3931
Property Details for 12 Bungower Rd, Mornington
12 Bungower Rd, Mornington is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 643m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom House sold in Mornington in the last 12 months.
Last Listing description (November 2024)
This vintage, solid brick home offers a fantastic opportunity for first home buyers, developers, or business owners ready to roll up their sleeves and unlock its full potential. With council plans and permits already approved for two side-by-side dwellings, this property presents endless possibilities for development.Situated just a 1km walk from Mornington's St Macartan's Primary School and backing onto a peaceful reserve, the property offers both convenience and tranquility. Its excellent main road exposure adds to the appeal for future development or business use.Just moments from Mornington's bustling Main Street, you'll be close to a vibrant scene where food and entertainment are booming, making this location highly desirable for those looking to be at the heart of it all.While the home is in need of a creative touch, it provides the perfect foundation for those with vision. Whether you're looking to build, develop, or simply add your personal flair, this property is a rare find with ample potential.
Property History for 12 Bungower Rd, Mornington, VIC 3931
- 21 Nov 2024Sold
- 17 Oct 2024Listed for Sale $695,000
- 07 Aug 2021Transferred
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0About 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.
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