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 › Park Ave
$1,770,000
Last sold
9 Aug 2023
4
Bedrooms
2
Bathrooms
4
Car spaces
1,330 m²
Land
357 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$1,770,000
9 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Mornington (last 5 years) with land size have a median of $1,766/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
+76.1%
Median sale
Suburb $1,005,000
-1.38 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 data is being calculated
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
VICPlanning 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.
Official flood overlay has not been retrieved (processing). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (processing). 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 Stone Real Estate Mornington PeninsulaOffering a divine lifestyle inspired by a love for the tranquil tropics of Port Douglas, this Mornington home enjoys a magical connection with the outdoors, with professionally landscaped gardens of palms and a mini orchard, veggies and chicken pen providing a touch of self-sustainability.
A true retreat of privacy and serenity, large windows and french doors deliver an open flow out to multiple alfresco spaces surrounding the home with settings among the treetops and views over the canopy to Mt Martha and Arthurs Seat.
Behind an enchanting entrance with a boardwalk sweeping up to a glass entry, the brilliant floorplan splits over three levels with separate wings for parents, kids and for impressive entertaining.
The uppermost level is the pinnacle of comfort and class with vast open plan lounge and dining areas that flow out to an extensive alfresco balcony, while a first-class designer kitchen has a walk-in pantry and two serveries out to surrounding alfresco spaces. The lower level living area services the children's wing which opens to an extensive terrace beside the gardens, while the master suite has a private balcony in a tropical setting, luxury ensuite, dressing room and a home office or nursery across the hall.
Among a prestigious estate of beautiful homes, moments from local Bentons Square shopping cente, Summerfield Wetlands, civic parkland and minutes to ever-vibrant Main St, the home also features internal access to a four-car garage with ample space for a boat, jetskis or a home gym, as well as a powered rear studio ideal for your projects or podcasting.
* Heavenly family living on a large 1330sqm allotment
* Jarrah floors, stone benchtops, cedar window frames
* Soft-closing drawers, Bosch dishwasher, gas cooktop
* Ensuite with freestanding bath, twin vanity and shower
* Wood heater, zoned ducted heating, evaporative cooling
* Panel heaters, split-systems, surround sound
* Laundry opening to courtyard with outdoor shower
* Trees with almonds, figs, nectarines, plums, apples, oranges and lemons
Listing description written by Lauren Wild, Stone Real Estate Mornington Peninsula — reproduced as published, not verified by Districts.