5 Thomas StreetMornington VIC 3931
Property Details for 5 Thomas St, Mornington
5 Thomas St, Mornington is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 599m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (April 2023)
Presented for the astute buyer, a range of options unfold across an original footprint with scope to reimagine the 599sqm (approx.) allotment. Boasting the accessibility of a single level design balanced between major retail centres a comfortable position promises fuss-free living. Moments from Morningtons sparkling coastline and vibrant Main Street, the three bedroom residence allures with a space to embark on an exciting project.
Opening to the living space positioned for the afternoon sun, an original design remains true to its era with separate meals and kitchen zones requiring renovation to restore functionality. Thoughtfully crafted with the option to reconfigure interior walls, the layout invites an open-plan design to enlarge internal dimensions with complete freedom to choose finishes bolstered with character flair.
Continuing with a functional design three bedrooms share a central bathroom requiring the excitement of a renovation project to complete a functional home within the existing residence without the stress of seeking plans and permits.
Positioned for secure rental returns and effortless proximity to Morningtons every offering the location proposes a future of growth surrounded by local schools and lifestyle amenities
Property History for 5 Thomas St, Mornington, VIC 3931
- 19 Mar 2023Sold for $669,000
- 01 Mar 2023Listed for Sale $580,000 - $640,000
- 29 Jul 1991Sold for $70,000
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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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