1/769 Nepean Highway
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About this property
Ideally positioned just moments from the Esplanade and popular local venues including the Dava Hotel and Dreamer's Café, this well-located property presents an outstanding opportunity for both investors and lifestyle buyers. Only four years old, the home offers all the benefits of modern construction and features, with minimal upkeep, making it particularly appealing for those seeking a low-maintenance lifestyle or a set-and-forget investment. Whether you're looking to live in, lease out, or secure a Mornington foothold for the future, this property offers flexibility that is increasingly hard to find in today's market. Offering both long-term and short-stay income potential, the property has been appraised at $800 to $850 per week for permanent rental, while also presenting strong holiday letting returns of approximately $3,500 to $4,000 per week during peak summer periods, along with consistent year-round income opportunities. Inside, the home provides a light-filled and functional layout designed for easy living. The open-plan living and dining area connects seamlessly with the kitchen, creating a comfortable central hub for everyday living. Bedrooms are well-proportioned and serviced by a central bathroom, making the home equally suited to owner-occupiers, downsizers or tenants. Low maintenance in design, the property allows you to spend less time on upkeep and more time enjoying what this location has to offer. For investors, it's a set-and-forget opportunity in a proven rental pocket. For owner-occupiers, it's a chance to secure a well-located home with future upside. Opportunities that offer both lifestyle and income are rare and highly sought after.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 2
- Parking
- 2
- Land Area
- 230 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Mornington
This 3-bedroom house in Mornington, VIC 3931 sits within reach of public transport, local shops and nearby schools. It is listed 26% below the $1.26m median of 65 comparable houseswithin 5 km.
Schools near Mornington
- Mornington Special Developmental Schoolcombined · U · CoEd
- Benton Junior Collegeprimary · Prep-6 · CoEd
- Mornington Park Primary Schoolprimary · Prep-6 · CoEd
- Mornington Primary Schoolprimary · Prep-6 · CoEd
- St Macartan's Schoolprimary · Prep-6 · CoEd
- Advance College of Education Incorporated - Mornington Campussecondary
What's nearby
- Strachans Road/Nepean Highway (bus) — 235 m away
- Bottle-o Mornington — 996 m away
- Unnamed — 325 m away
- Unnamed — 350 m away
- Unnamed — 389 m away
Mornington at a glance
Full suburb profile- Population
- 25,759
- Median age
- 50
- Household income
- $1,451/wk
- Median rent
- $400/wk
- Median mortgage
- $2,000/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Mornington price trend
Median sold · House 3 bed
Compound growth -0.8% / yr over 4 yrs
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Price history
Listing price changes
1 price change recorded for this property
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