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VIC › Mornington › Queen St

18 Queen St, Mornington VIC 3931

House

$1,850,000

Last sold

28 June 2022

3

Bedrooms

2

Bathrooms

2

Car spaces

300 m²

Land

249 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,850,000 (28 June 2022).(Recorded sale)
  • CalculationRecorded House sales in Mornington (last 5 years) with land size: median $1,740/m² of land (n=34). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 (GRZ1) under the ZN.(Vicmap Planning · 1 Sept 2026)

What could make it worth less?

  • FactVEGETATION PROTECTION OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)
  • FactDESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)

What should you verify next?

  1. 1VEGETATION PROTECTION OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No 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

What this lot has actually traded at

Last sold

$1,850,000

28 June 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.

See the full Mornington report →

Vs Mornington

+84.1%

Median sale

Suburb $1,005,000

-1.46 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 and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE - SCHEDULE 1

GRZ1

Jurisdiction

Mornington Peninsula

Mornington Peninsula, VIC

Planning overlays

  • DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 202445239

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. Sold$1,850,00028 June 2022
  2. Listedprice unknowncompleted16 Mar 2022
  3. Listedprice unknowncompleted16 Mar 2022

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?

Confidence: medium

Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 302 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.

What could kill that thesis?

Confidence: low

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. The listing may look cheap relative to land or the street. What reduces it: VEGETATION PROTECTION OVERLAY - SCHEDULE 1; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1. 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

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

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

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 302 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

    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?

    Knownlow

    The listing may look cheap relative to land or the street. What reduces it: VEGETATION PROTECTION OVERLAY - SCHEDULE 1; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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 Queen St →

Listing material

Listed by Nicholas Lynch

Merindah

An exclusive offering of inspired luxury, this immaculate Marklews designed home is masterfully designed and quality built for effortless beachside living. There is no better location, privately positioned within a tranquil cul-de-sac, you can enjoy easy access to all the glamour of Main Street, the beach, retail and restaurants, and the open space of Mornington Park all within a leisurely stroll.

A spectacular wide entrance is a perfect introduction to the home, revealing a sensational zoned layout over two grand levels, highlighted by an entertainer's aspect that captures stunning north-facing bay views from the alfresco terrace. Enriched with an elegance that works equally well for entertaining or enjoying some quiet time, the vast, light-filled open-plan living and dining zone is underpinned by a stone-topped kitchen showcasing integrated Fisher & Paykel appliances and sleek storage, including an integrated fridge/freezer.

The trio of bedrooms are staged over two levels, with the main bedroom showcasing lavish proportions with a fully fitted walk-in robe and an indulgent bath-ensuite with a dual access powder room. The remaining two and a separate study sit alongside a family-sized bathroom downstairs, providing direct access to the private courtyard terrace and low-maintenance surroundings.

Read the full description

Well established and easy maintenance gardens complements the tranquillity of the entire home, where polished timber floors, and use of stone add to the luxurious comfort levels, further enhanced by a large laundry, ducted heating and split system AC (evap AC in the main bedroom), security system, mains gas BBQ points and a double remote garage with internal and drive-thru access.

* Superb Marklews luxury design with stunning bay views

* Divine focus on indoor-outdoor living & entertaining

* Ultra-modern & easy maintenance with tranquil gardens

* Elite location just steps from Main Street & the beach

* Polished timber floors on the 1st level

* High ceilings throughout

* Stone kitchen with integrated Fisher & Paykel appliances

* Open-plan living connects with the semi-enclosed alfresco

* Luxurious master bedroom with indulgent bath ensuite & WIR

* Two additional bedrooms & a large ground-floor study

* Ducted heating & split system AC

* Double remote garage with internal & drive-thru access

Photo I.D. Required at all Inspections.

Listing description written by Bailey White, Nicholas Lynch — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 1
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.