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134/98 Bungower Road, Mornington$262,500
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134/98 Bungower Road

Mornington, VIC 3931, Australia
$250,000 – $275,000
2 bed 1 bath5 ha

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About this property

Behind a secure gated entry in Mornington, this two-bedroom unit offers a relaxed, low-maintenance lifestyle within a peaceful over-55s community. The setting is quiet and well kept, with established greenery enhancing privacy and a naturally slower pace of life. A decked front porch introduces the home, framed by mature hedging and complemented by external awnings for added shade and privacy. Inside, the living room connects with a dedicated dining area and adjoining kitchen with an upright oven. The main bedroom includes built-in robes, while a second bedroom sits nearby. A central bathroom and separate laundry with external access complete the layout. Split-system heating and cooling, along with ceiling fans, provide comfort. Outdoors, a paved courtyard features a garden shed, with visitor parking available on site. Residents enjoy access to shared facilities including a recreation room, library, children's playground, electric BBQs and picnic areas. This affordable opportunity is a strong fit for downsizers, offering a genuinely low-commitment base with lock-and-leave flexibility. Bus transport is within walking distance, making it simple to get around without relying on the car. Local shops are close for daily essentials, while Main Street's cafés, restaurants and retail are just a short drive away. Port Phillip Bay forms a calm coastal backdrop, lending itself to time spent beside the water. Homes and Acreage is proud to be offering this property for sale. To arrange an inspection or for further information, please contact Sophie Campbell on 0455 487 926. Feautures: - No stamp duty - No council rates - No investors - No exit fees - No pets - Owner occupiers only

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Land Area
5 ha
Listed
3 weeks ago

Repayment calculator

$1,273/month
$636 /fortnight
Loan $210,000 at 6.10% over 30 years

Upfront costs

Deposit$52,500
Stamp duty$10,820
Conveyancing (est.)$2,000
Total upfront$65,320
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Mornington

This 2-bedroom apartment in Mornington, VIC 3931 sits within reach of public transport, local shops and nearby schools. It is listed 80% below the $1.31m median of 68 comparable apartmentswithin 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

  • Mornington (train)1.7 km away
  • Little Shop of Horrors Costumery & Pop-Culture Emporium1.8 km away
  • Unnamed2.1 km away
  • Apex Park2.2 km away
  • Unnamed2.2 km 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 · Unit 2 bed

Compound growth +1.2% / yr over 4 yrs

$706kcurrent median

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1 price change recorded for this property

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