SOLD
Sold on 01 Aug 2024 for $640,000

2/59 Prince Street
Mornington VIC 3931

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 166m2
Sold By
O'Brien Real Estate Mornington
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Property Details for 2/59 Prince St, Mornington

2/59 Prince St, Mornington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 166m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Mornington in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
85m2
Land Size
166m2
Local Government
Mornington Peninsula
Lot/Plan
2/RP11694

Last Listing description (September 2024)

Low on maintenance yet high on appeal with its striking architectural form and near-perfect beachside position, this quaint 2-bedroom unit represents the perfect offering for those looking to start out or size down.

A position back from the street reveals a unique facade with tropical gardens, opening into a spacious interior ready for its next lease on life. A large central lounge sits separate from a kitchen and dining area featuring modern appliances, with an adjacent laundry enticing the imagination with its butler's-pantry potential.

A covered alfresco deck sweeps outside through sliding doors, ready for relaxation and peace between a terrace and a neat rear yard, matching the relaxed appeal of the two robed bedrooms separately zoned around a pristine bathroom and separate toilet. Complete with multiple split-system units and a single garage, it sits a short walk from Dreamer Cafe and the beautiful foreshore, with Mount Martha and Mornington township convenience a short drive away.

Property History for 2/59 Prince St, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Sold
$640,000
01 Aug 2024
  • 01 Aug 2024
    Sold for $640,000
  • 26 Jul 2024
    Listed for Sale $640,000
  • 17 Jan 2013
    Sold for $300,000
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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 15,533 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.
There are currently 63 properties listed for sale, and 13 properties listed for rent in Mornington on OnTheHouse. According to CoreLogic's data, 527 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.