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