OFF MARKET

132/98 Bungower Road
Mornington VIC 3931

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 30 Dec 2024
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Property Details for 132/98 Bungower Rd, Mornington

132/98 Bungower Rd, Mornington is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces.

Building Type
Townhouse
Local Government
Mornington Peninsula

Last Listing description (May 2015)

Located in the Mornington Gardens Holiday Village and in need of some renovation lies your opportunity to secure a permanent home at a bargain price! Purely for the over 55's and with no stamp duty, this is a great opportunity to live in a relaxed environment and use your well earned savings for travel or spoiling yourself. This older style home is in need of some TLC on the interior, however the outside is attractive with a new verandah at the front and rear of the property. The bedroom is very small, however it could easily be converted to a study and the newly extended lounge room has enough space to add some bi-fold doors and create a main bedroom, while still allowing room for a lounge room and a dining area. There is a communal laundry within the park, although the option to renovate and create a new bathroom/laundry will certainly add value to the property. There is a single garage with direct under cover access to the front door. The Holiday Village is for permanent residents only with no pets. If you thought you couldn't afford to live in Mornington, think again!

Property History for 132/98 Bungower Rd, Mornington, VIC 3931

A timeline of how this property has performed in the market
  • 15 Apr 2015
    Listed for Sale $59,000
  • 16 Apr 2011
    Listed for Sale $59,000

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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 15,591 properties. Over the last 5 years, Houses in Mornington have seen a 40.90% increase in median value, while Units have seen a 21.70% increase. As at 31 December 2024:

  • The median value for Houses in Mornington is $1,097,094 while the median value for Units is $761,734.
  • Houses have a median rent of $700 while Units have a median rent of $580.
There are currently 51 properties listed for sale, and 14 properties listed for rent in Mornington on OnTheHouse. According to CoreLogic's data, 559 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.