3 Morven Street Mornington VIC 3931

4 / 3 / 2 / 863 m2

Here you can find what you need to know about 3 Morven Street , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Mornington, VIC and much more.

Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931
Property photo of 3 Morven Street Mornington VIC 3931

Property Insights

3 Morven Street Estimated Value

$1,570,000 - $1,999,000

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.
Medium confidence estimate
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Last sold for $1,680,000 on 04/03/2020

Sale Type: Unknown

This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
High confidence
Gross
Cashflow
Unavailable
Estimated
Gross Yield
Medium confidence
Natural Hazard Risk
Example Only
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 4
Bathrooms 3
Car Spaces 2
Land Size 863 m2
Floor Area 272 m2
House Type House: Standard
Council Area Mornington Peninsula
Year Built 1980
Zone General Residential Zone - Schedule 1
Lot/Plan 96/LP12851 Mornington VIC
Property Type House

Last listing description (March 2020)

MORNINGTON'S BEST VIEWS
A bespoke beachside sanctuary capturing one of the most magnificent bay-and-township views available in Mornington, this resort-style home brings Bali to Beleura Hill, in style. This substantial entertainer is back-dropped by a panorama stretching from Melbourne's CBD to the Southern Peninsula, with the township of Mornington on full display below. Its a feast for the senses, whether sipping cocktails by the tropical pool and spa or dining alfresco gazing at passing cruise and container ships, twinkling city and township lights, the You Yangs and the Bellarine Peninsula. This renovated 4-bedroom tri-level home delivers luxury living in one of Mornington's most desirable seaside locations, walking distance to the heart of Main Street and to Mills Beach. Fall in love with the relaxed vibe, the expansive open-plan living and the entertaining balcony embracing the ever-changing view and endless sunsets.

- Elevated 863 sqm (approx) allotment gazing high over Mornington
- Choice of two master bedrooms with deluxe, fully-tiled ensuites
- Entry-level living and dining, flowing onto an alfresco entertaining balcony
- Deluxe stone and s/steel kitchen with 900mm appliances inc a gas cooktop
- Stunning stone breakfast island set beneath a high ceiling
- Large butler's pantry with a 900mm oven and exceptional storage/bench space
- Full-width viewing balcony plus a large alfresco balcony with an outdoor kitchen
- Living and dining with panoramic views and an adjacent stone-topped bar
- Salt-chlorinated, gas-heated in-ground pool and spa with poolside decking
- Large covered Balinese-style terrace with built-in bench seating
- Ducted heating, ducted evaporative cooling, 2 feature gas log fireplaces
- Space to park a boat off-street plus a remote double garage with a workshop
- 1.5kW solar panels, 2 powder rooms, commercial-grade tinted windows
- Huge walk-in under-house storage, video intercom, under-stair storage
- Bespoke attic/storage upstairs with a powder room and a broad bay view

"Brought to you by Vendor Marketing Melbourne's most qualified vendor advocates www.vendormarketing.com.au"

Property Timeline

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State Auction Clearance Rates - July 2020

Auctions Clearance rate
VIC 275 65%
ACT 31 65%
NSW 324 62%
NT 2 100%
QLD 82 48%
SA 29 66%
TAS 1 0%
WA 9 33%

Suburb Insights

Mornington, VIC 3931

No data available Part of: Mornington Peninsula Council

Get neighbourhood info and insights with our Suburb Profile

View Mornington Suburb Profile View properties in Mornington

Occupancy


Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 3 Morven Street, including the property sale history and estimated market value as well as insights into Morven Street and Mornington 3 Morven Street Mornington VIC 3931