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.
VIC › Mornington › Barkly St
$2,425,000
Last sold
27 Aug 2022
5
Bedrooms
3
Bathrooms
2
Car spaces
865 m²
Land
Districts View
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
Last sold
$2,425,000
27 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in Mornington (last 5 years) with land size have a median of $1,740/m² of land (n=34). Districts calculation from recorded sales — not a valuation.
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.
Vs Mornington
+141.3%
Median sale
Suburb $1,005,000
-1.87 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.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Mornington Peninsula
Mornington Peninsula, VIC
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 865 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 865 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 24; VEGETATION PROTECTION OVERLAY - SCHEDULE 1; EROSION MANAGEMENT OVERLAY - SCHEDULE 7. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
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.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 865 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowOfficial parcel about 865 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 24; VEGETATION PROTECTION OVERLAY - SCHEDULE 1; EROSION MANAGEMENT OVERLAY - SCHEDULE 7. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by Nicholas LynchAuction Location: 145 Barkly Street, Mornington
Enjoying an exclusive Beleura Hill locale with soaring bay and city vistas, this family residence on 865sqm (approx.) presents the pinnacle of classic coastal grandeur with sublime living spaces and all-encompassing alfresco entertaining.
A north-facing wall of full-width windows and wraparound balconies take full advantage of an elevated aspect, offering a sensational Port Phillip Bay panorama view from Arthurs Seat and Melbourne CBD.
A practical configuration maximises its astounding perspective, with open-plan living, kitchen, dining and family spaces enjoying a seamless transition through sliding doors to the far-reaching entertaining deck. A large Caesarstone island takes centre stage with Miele-appliances kitchen, complemented by an alfresco woodfire pizza oven and garden-bound deck on the ground floor for complete culinary indulgence.
Styled with hardwood timber floors, decorative mouldings and renovated bathrooms, the entry level features a formal lounge, four robed bedrooms. The graceful master suite, enjoys the romance of an open fireplace, a walk-in robe and renovated ensuite.
Additional features include a double garage with brilliant under-house storage/office space, dual street access, reverse cycle airconditioning, ducted heating, rainwater tanks, solar power and an unrivalled position, nestled between Mornington Golf Club, Mills Beach, highway access and the enticing cafe culture of Main Street.
* Classic grandeur with exquisite bay panoramas
* Focused around extensive alfresco entertaining
* Take in Arthurs Seat, Bellarine and Melbourne CBD
* Open-plan living, dining and family
* Caesarstone kitchen with Miele appliances
* Master bedroom with open fireplace, renovated ensuite
* Four additional bedrooms around downstairs living area
* Dual street access, double garage with ample storage
* Reverse-cycle air conditioning and ducted heating
* Sited between Mornington Golf Club, beaches & Main St
Photo I.D. required at all Inspections.
Listing description written by Bailey White, Nicholas Lynch — reproduced as published, not verified by Districts.