SOLD
Sold on 21 Mar 2024 for $615,000

5/4-6 Oakland Street
Mornington VIC 3931

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 71m2
Land area: 144m2
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Property Details for 5/4-6 Oakland St, Mornington

5/4-6 Oakland St, Mornington is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1975. The property has a land size of 144m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Mornington in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
71m2
Land Size
144m2
Local Government
Mornington Peninsula
Lot/Plan
5/RP7877

Last Listing description (June 2020)

This delightful home offers the versatility of an investment, (currently tenanted to long term tenants), or as a home to live in.
Safety and security are paramount and easily provided as this unit is located at the rear of this well maintained complex of 8 units. Ready to move straight in, or inviting your personal touches to modernise you will be impressed with the layout and potential of this home.
Large windows frame the living room, which also provides space for dining; whilst the kitchen overlooks the rear covered entertaining space. Two bedrooms, each with built in robes and a family bathroom and separate toilet allow for privacy and guest/child accommodation.

The gardener in you will love to lose yourself pottering in the front courtyard garden, as this is well established and provides plenty of greenery and privacy, with visits from the local birdlife.
Storage is provided both inside and outside the home.
Off street parking for two cars, one under cover enables a short walk from the car to the front door, with your groceries.
Public transport is a mere stroll away, with bus stops along the Nepean Highway. Close enough to walk to ??Wilsons Road and Dava Drive Shops, Mornington??s Main Street, Bentons Square, beach, walking trails, parks, shopping, entertaining is all conveniently close to home.
Act now to secure your prime piece of Mornington real estate before someone else does!!
Please note, Photo ID is required at all inspections.

Property History for 5/4-6 Oakland St, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Sold
$615,000
21 Mar 2024
Listed for Rent
$275/w
20 Nov 2013
  • 21 Mar 2024
    Sold for $615,000
  • 13 Jan 2020
    Sold for $460,000
  • 18 Nov 2019
    Listed for Sale $460,000 - $480,000
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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 62 properties listed for sale, and 15 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.