SOLD
Sold on 09 Mar 2024 for $1,395,000

56 Adelaide Street
Mornington VIC 3931

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 119m2
Land area: 801m2
Sold By
McEwing Partners
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Property Details for 56 Adelaide St, Mornington

56 Adelaide St, Mornington is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 801m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Mornington in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
119m2
Land Size
801m2
Local Government
Mornington Peninsula
Lot/Plan
7/LP34496

Last Listing description (March 2024)

Enticing the imagination with endless possibilities for a luxury brand new beachside residence or a suite of high-end townhouses, this original seaside home on 801m2 (approx) offers the ultimate blue-chip beachside location for redevelopment (STCA) in footsteps of every essential. A pleasant stroll to Fishermans Beach for a morning dip and the Wilsons Road eateries for lunch, this quiet residential precinct is always in demand and just 950m to ever-bustling Main Street with restaurants, boutiques and all essential services. Long-loved and well-preserved, the existing single-level residence would suit the rental market as you await plans and permits for future endeavours. With separate living and dining, an original kitchen with gas stove, two bedrooms, a bathroom with separate toilet, carport, lock-up garage and shed, all the amenities are there for a quick and easy lease. Backdropped by an intoxicated coastal ambience, this site would lend itself superbly to a magnificent two-storey residence gazing out across the coastal panorama of this enviable beachside locale.

- Original seaside home on 801m2 (approx) with unbridled potential

- Blue-chip beachside locale for a newbuild or luxe townhouses (STCA)
- Stroll to Fishermans Beach & the Wilsons Road cafes & restaurants
- 950m to ever-vibrant Main Street with boutiques, bistros & amenities
- Well-preserved circa-1960s residence with separate living & dining
- Classic kitchen with gas stove, original bathroom, carport, shed & garage
- Highly rentable as you await plans & permits for a greater vision
- Coveted & quiet beachside location close to excellent schools
- Large block with potential for subdivision or dual occupancy (STCA)
- Potential views across the coastal panorama from a 2nd level
- Prime location near parks, the golf course, harbour and beaches
- Rare opportunity to secure a beachside property with endless possibilities

Property History for 56 Adelaide St, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Sold
$1,395,000
09 Mar 2024
Listed for Rent
$290/w
05 Nov 2013
  • 09 Mar 2024
    Sold for $1,395,000
  • 05 Feb 2024
    Listed for Sale $1,275,000 - $1,375,000
  • 23 Nov 2023
    Transferred
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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 15,491 properties. Over the last 5 years, Houses in Mornington have seen a 31.27% increase in median value, while Units have seen a 26.81% increase. As at 31 August 2024:

  • The median value for Houses in Mornington is $1,047,818 while the median value for Units is $784,008.
  • Houses have a median rent of $680 while Units have a median rent of $570.
There are currently 64 properties listed for sale, and 13 properties listed for rent in Mornington on OnTheHouse. According to CoreLogic's data, 550 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.