OFF MARKET

260 Bungower Road
Mornington VIC 3931

Bedrooms: 4
Bathrooms: 3
Car spaces: 6
Land area: 40460m2
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Property Details for 260 Bungower Rd, Mornington

Building Type
Land
Land Size
40460m2
Local Government
Mornington Peninsula
Lot/Plan
3/LP81447

Last Listing description (June 2009)

CREATING THE DREAM! BIG TIME!
THIS ONE WAS WORTH THE WAIT! & TOWN WATER CONNECTED! SENSATIONAL LIFESTYLE OPPORTUNITY BOASTING 10 ACRES OF HIGH & WELL DRAINED LAND WITH AN EXTRA LARGE 45 SQUARE BRICK HOMESTEAD, SET PRIVATELY & WELL BACK FROM ROAD, AND COMPRISES 4 BEDROOMS, 3 LARGE LIVING AREAS , LARGE COUNTRY STYLE KITCHEN AND INCLUDES AN ADJOINING 11 SQUARE SELF CONTAINED DUAL LIVING WING. FEATURES EXTRA HIGH 11 FT CEILINGS THROUGHOUT, DUCTED COOLING, & GAS FLOOR HEATING, MONITORED ALARM SYSTEM, ELECTRIC ENTRANCE GATES LEADING TO CIRCULAR DRIVE, AND ALSO INCLUDES A MASSIVE 6 CAR BRICK GARAGE AND 2 BAY COLORBOND SHED. PROPERTY IS YOUR CLASSIC ''GOOD BONES'' NEEDING ONLY SYMPATHETIC COSMETICS & ENHANCEMENTS TO TRANSFORM INTO YOUR LIFESTYLE HAVEN. SUPER CONVENIENT LOCATION WITH EASY ACCESS TO MORNINGTON CENTRAL SHOPPING FACILITIES & AMENITIES, SCHOOLS, RACETRACK, OUR PENINSULA'S MANY VINEYARDS AND THE NEW PENINSULA BYPASS ON COMPLETION. ABSOLUTELY IDEAL FOR THE HORSE FRATERNITY, EXECUTIVE FAMILY SEEKING RURAL PURSUITS WITH ROOM TO MOVE, ENTERPRISING SMALL BUSINESS OPERATORS/BUILDERS WITH BIG EQUIPMENT, BOATS ETC. AVAILABILITY OF SE WATER'S RECYCLED WATER (STA) WILL FURTHER ENHANCE APPEAL OF THIS PROPERTY. VENDORS INVITE EXPRESSIONS OF INTEREST & INSPECTIONS ARE WELCOME BY APPOINTMENT. FLEXIBLE SETTLEMENT & DEPOSIT TERMS WILL ALSO BE CONSIDERED.
ADDITIONAL FEATURE - 40.

Property History for 260 Bungower Rd, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Sold
$1,100,000
31 May 2009
  • 31 May 2009
    Sold for $1,100,000
  • 23 Apr 2009
    Listed for Sale NEG. OVER $970,000
  • 18 Dec 2006
    Listed for Sale $940,000 +
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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.