4/18 Beatty ParadeMornington VIC 3931
Property Details for 4/18 Beatty Pde, Mornington
4/18 Beatty Pde, Mornington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 119m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (April 2024)
This 2 bedroom villa unit is an entry level beachside opportunity that ticks many boxes, and offers great potential to take advantage of its detached position at the rear of a neat complex of 4 and its generous courtyard and outdoor space. Whilst mostly original in condition, the scope to renovate and refurbish is compelling and by doing so, wisely capitalise on its quiet location in close walking distance to Main St.
Entering via a vestibule, the living space is cosy and enjoys afternoon sun and gas heating whilst the adjacent kitchen is functionally retro and could easily be made more open-plan via a simple floorplan tweak. Both bedrooms feature BIR's and share a combined bathroom and laundry which in turn provides access to the securely fenced courtyard and a rear door to the lockup single garage.
Currently occupied by a month by month tenancy, this unit will also appeal to investors seeking an immediate return on investment and the long term reward of being positioned in a highly coveted location.
Property History for 4/18 Beatty Pde, Mornington, VIC 3931
- 21 Sep 2023Sold for $505,000
- 31 Aug 2023Listed for Sale $495,000 - $540,000
- 24 Sep 2003Transferred
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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 15,589 properties. Over the last 5 years, Houses in Mornington have seen a 31.12% increase in median value, while Units have seen a 21.93% increase. As at 30 November 2024:
- The median value for Houses in Mornington is $1,110,129 while the median value for Units is $767,883.
- Houses have a median rent of $690 while Units have a median rent of $580.
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