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VIC › Mornington › Mornington Tyabb Rd

1/291 Mornington Tyabb Rd, Mornington VIC 3931

For saleRural Property

$2,300,000–$2,530,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

6

Car spaces

39,254.507 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,300,000–$2,530,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,300,000–$2,530,000(Listing record · 19 May 2026)
  • FactLand 39,255 m²; no building size recorded.(Property record)
  • CalculationAsk is 129% above the Mornington median recorded sale ($1,005,000, n=9, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Mornington's advertised median rent ($617/wk), implied gross yield would be 1.39% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$2,300,000–$2,530,000

Asking range · $59/m² of land

No recorded sale for this property.

Mornington at a glance

25,996

People

$1,005,000

Median sale

$617/wk

Median rent

3.19%

Suburb gross yield

Median sale from 9 recorded sales (last 24 months) — a Districts calculation.

See the full Mornington report →

Vs Mornington

+128.9%

Median sale

Suburb $1,005,000

-1.80 pp

Gross yield

Suburb 3.19%

Suburb median $1,005,000 from 9 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$2,300,000
Stamp Duty (Victoria)
$129,500
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$2,436,814

$136,814 on top of the price (5.9% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Mornington's advertised median rent — not a rent for this listing.

Net yield
-0.11%
Annual cashflow (pre-tax)
$-122,016
Interest cover (DSCR)
-0.02
Annual rent
$32,084
Operating expenses
$34,500
Loan amount
$1,840,000
Annual interest
$119,600
Gross yield
1.39%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$2,300,000–$2,530,000available19 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $617/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mornington in one glance

Mornington at a glance

25,996

People

$1,005,000

Median sale

$617/wk

Median rent

3.19%

Suburb gross yield

Median sale from 9 recorded sales (last 24 months) — a Districts calculation.

See the full Mornington report →

Keep researching

  • Why Mornington? Read the area thesis →
  • What else is on the market in Mornington →
  • Other records on Mornington Tyabb Rd →

Listing material

Listed by Homes & Acreage

A Country Soul with Coastal Convenience

Breathtaking in its stillness, yet alive with a country soul that city or suburban life can only dream of, this entirely rejuvenated 4-bedroom home across 9.7 acres (approx.) showcases the most breathtaking balance of work, rest, and play. Balcombe Creek at the rear, views across Mount Eliza, a workshop complex that defies expectation, and Mornington's coastline moments away - the credentials here are as compelling as the calm.

A meandering driveway draws you in from the road to the beautifully renovated home, with the property revealing itself gradually across established grounds beyond. Inside, cathedral ceilings soar overhead, their exposed beams lending a raw, architectural character to the L-shaped lounge and dining spaces, before wrapping around to a kitchen of premium appliances, vibrant cabinetry, a fitted walk-in pantry, and a skylight overhead that floods the space with natural light.

The hallway draws the four bedrooms together around a brand-new bathroom and separate toilet, while the master flaunts a fitted walk-through robe and a stunning ensuite finished to an exceptional standard. Two of the three additional bedrooms feature fitted walk-in robes, while an open office easily doubles as a second living space.

Read the full description

The alfresco opportunity here extends well beyond a simple full-width verandah and beautiful natural grounds that undulate gently across its almost 10 acres, revealing a massive workshop complex open at one end to accommodate trucks and large machinery with ultra-high clearance, a full hoist, and a large open pan for manoeuvring. Separate enclosed workshop storage provides secure housing for large boats and caravans, plus there’s a self-contained 1-bedroom ensuite studio with a kitchenette and air conditioning, adding versatility for guests, extended family, or a home-based business.

Complete with a double garage under the main roofline alongside a separately powered utility and workshop room, a lifestyle beyond all else sits within easy reach of Mornington township, Port Phillip Bay, the Peninsula’s celebrated wineries, and city-bound freeway access, offering a unique lifestyle address matching seclusion with every convenience the region is beloved for.

Homes and Acreage is proud to be offering this property for sale – To arrange an inspection or for further information, please contact Grant Perry on 0429 314 087.

Features:

• Fully rejuvenated lifestyle property

• 9.7 acres (approx.)

• Renovated 4-bedroom home

• Open office/sitting area

• Country-meets-coast lifestyle

• Balcombe Creek across the rear

• Views across Mount Eliza

• Peaceful natural surroundings

• Meandering private driveway

• Cathedral ceilings with exposed beams

• L-shaped lounge and dining

• Kitchen with premium appliances

• Fitted walk-in pantry

• Master with fitted robes and luxe ensuite

• Two further bedrooms with fitted WIRs

• Full-width verandah

• Gently undulating land

• Massive workshop complex w/ truck access

• Ultra-high workshop clearance

• Vehicle hoist

• Large turning/manoeuvring area

• Secure enclosed storage for boat/caravan

• 1-bedroom guest studio with kitchenette and A/C

• Double garage with powered utility/workshop

• Approx. 5 mins to Mornington

• Approx. 3 mins to freeway access

Listing description written by Grant Perry, Homes & Acreage — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Living Areas: 1
  • Secure Parking
  • Shed
  • Water Tank

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.