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Sold on 07 Nov 2024 for $852,500

5/103 Prince Street
Mornington VIC 3931

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 324m2
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Property Details for 5/103 Prince St, Mornington

5/103 Prince St, Mornington is a 3 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 324m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom Unit sold in Mornington in the last 12 months.

Building Type
Unit
Land Size
324m2
Local Government
Mornington Peninsula
Lot/Plan
5/PS411420

Last Listing description (November 2024)

A shining jewel on Prince Street, this three-bedroom residence offers the low-maintenance lifestyle of a compact allotment whilst preserving an individual street frontage. 350m from the esplanade clifftop, this location promises proximity to local amenities and a commitment to the coastal lifestyle.

Bathed in natural light, an open plan design maximises a sense of space with ample glazing and crisp white interiors. The kitchen preserves original finishes in immaculate condition including stainless steel appliances, whilst the meals area opens to the rear courtyard. Beautifully presented for an immediate move-in the garden maintains privacy with perimeter hedging and direct access from the garage.

Accommodation comprises a main bedroom positioned to enjoy the morning sun, complete with a walk-in robe and direct access to a shared bathroom. Two additional bedrooms include built-in robes to complete the internal layout.

Walking distance to the beach and local shops, this home presents with refreshed interiors and a fully fenced front yard where a private driveway provides access to the oversized double garage. Unbeatable on location, this beachside pocket remains a favourite of those seeking a single-level downsizer.

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Property History for 5/103 Prince St, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Sold
$852,500
07 Nov 2024
Listed for Rent
21 Jan 2019
  • 07 Nov 2024
    Sold for $852,500
  • 31 Oct 2024
    Listed for Sale $780,000 - $850,000
  • 07 Jan 2019
    Listed for Rent - Price not available
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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 15,534 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 61 properties listed for sale, and 13 properties listed for rent in Mornington on OnTheHouse. According to CoreLogic's data, 530 properties were sold in the past 12 months in Mornington.

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