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VIC › Rosebud › Morgan St

U1, 11 Morgan St, Rosebud VIC 3939

For saleTownhouse

$1,075,000–$1,180,000

For sale

Asking range

4

Bedrooms

3

Bathrooms

4

Car spaces

311 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,075,000–$1,180,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,075,000–$1,180,000(Listing record · 19 Aug 2026)
  • FactLand 311 m²; no building size recorded.(Property record)
  • CalculationRecorded Townhouse sales in Rosebud (last 5 years) with land size: median $2,977/m² of land (n=4). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 33% above the Rosebud median recorded sale ($810,000, n=113, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Rosebud's advertised median rent ($533/wk), implied gross yield would be 2.58% — 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

$1,075,000–$1,180,000

Asking range · $3,457/m² of land

No recorded sale for this property.

Local land rate: recorded Townhouse sales in Rosebud (last 5 years) with land size have a median of $2,977/m² of land (n=4). Districts calculation from recorded sales — not a valuation.

Rosebud at a glance

15,224

People

$810,000

Median sale

$533/wk

Median rent

3.42%

Suburb gross yield

Median sale from 113 recorded sales (last 12 months) — a Districts calculation.

See the full Rosebud report →

Vs Rosebud

+32.7%

Median sale

Suburb $810,000

-0.84 pp

Gross yield

Suburb 3.42%

Suburb median $810,000 from 113 recorded sales (last 12 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
$1,075,000
Stamp Duty (Victoria)
$59,125
Transfer/Registration Fee
$2,620
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
$1,140,445

$65,445 on top of the price (6.1% 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 Rosebud's advertised median rent — not a rent for this listing.

Net yield
1.08%
Annual cashflow (pre-tax)
$-44,309
Interest cover (DSCR)
0.21
Annual rent
$27,716
Operating expenses
$16,125
Loan amount
$860,000
Annual interest
$55,900
Gross yield
2.58%

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$1,075,000–$1,180,000available19 Aug 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 $533/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 2.6%. 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

Rosebud in one glance

Rosebud at a glance

15,224

People

$810,000

Median sale

$533/wk

Median rent

3.42%

Suburb gross yield

Median sale from 113 recorded sales (last 12 months) — a Districts calculation.

See the full Rosebud report →

Keep researching

  • Why Rosebud? Read the area thesis →
  • What else is on the market in Rosebud →
  • Other records on Morgan St →

Listing material

Listed by Ray White Rosebud

Luxury Coastal Living Just 500m from the Bay

Only appox. 500m from the pristine shores of Port Phillip Bay, this exceptional two-storey residence presents an enviable blend of refined coastal style, sophisticated finishes and effortless versatility. Whether you're seeking an elegant permanent residence, a premium beachside escape, a sound investment or a potential short-stay opportunity (STCA), this beautifully presented home offers an impressive range of possibilities.

Designed with a timeless Hamptons-inspired aesthetic, the residence showcases considered craftsmanship and an understated sense of luxury throughout. Brushed gold fixtures and fittings, a calming neutral palette and abundant natural light create an inviting ambience, while the versatile two-level floorplan provides excellent separation and flexibility for families, guests, retirees or holidaymakers.

Four generously proportioned bedrooms include built-in robes, with a primary suite thoughtfully positioned on each level. The luxurious bathrooms are beautifully appointed with freestanding bathtubs, wall-hung vanities, oversized 60x90 floor-to-ceiling tiles and elegant herringbone tiling to the showers, creating a sophisticated retreat at the end of every day.

Read the full description

At the centre of the home, the impressive designer kitchen is both beautiful and highly functional. Quality Westinghouse appliances include an induction cooktop, integrated undermount rangehood, dishwasher and substantial 900mm built-in oven. Caesarstone benchtops, an undermount sink, bespoke tiled splashback, crisp white shaker cabinetry and a generous butler's pantry elevate the space, making entertaining and everyday living equally effortless.

The open-plan living and dining domain extends seamlessly outdoors to a generous courtyard and stunning spotted gum timber decking. Perfect for long lunches, entertaining friends or unwinding after a day at the beach, this inviting outdoor space embraces the relaxed luxury of coastal living. Upstairs, leafy treetop views towards the water further enhance the home's sense of tranquillity.

Adding further appeal is the 6.5kW solar system connected to the electric iStore hot water unit, along with split-system heating and cooling, a remote double garage and beautifully low-maintenance gardens. For investors and holiday-home buyers, the premium presentation, flexible accommodation and exceptional coastal position create an appealing proposition with potential for short-stay accommodation, subject to relevant approvals and regulations.

Ideally positioned just moments from Rosebud's beautiful foreshore, cafés, shopping, parks and schools, this is a sophisticated coastal residence offering the rare combination of lifestyle, quality and versatility.

Property Features Include:

• Approx. 500m to the pristine Rosebud foreshore

• Elegant four-bedroom residence across two beautifully appointed levels

• Primary suite conveniently positioned on each level

• Designer kitchen with premium Westinghouse appliances

• Caesarstone benchtops and generous butler's pantry

• Luxurious bathrooms with freestanding baths and premium finishes

• Timeless white shaker cabinetry with brushed gold fixtures throughout

• Light-filled open-plan living and dining with treetop water views

• Stunning spotted gum timber decking and generous private courtyard

• 6.5kW solar system with electric iStore hot water

• Split-system heating and cooling to main living and primary suite

• Remote double garage and beautifully low-maintenance gardens

• Ideal permanent residence, holiday home or investment opportunity

• Potential for short-stay/Airbnb accommodation, subject to relevant approvals

Location:

• Approx. 500m to Rosebud Foreshore and Port Phillip Bay

• Approx. 700m to Rosebud's cafés, shops and vibrant beachside precinct

• Approx. 1.2km to Rosebud Plaza and major supermarkets

• Approx. 850m to Rosebud Primary School

• Approx. 1.4km to Rosebud Secondary College

• Approx. 600m to local parks and recreational reserves

• Approx. 1.5km to Rosebud Pier and coastal walking trails

• Easy access to the Mornington Peninsula Freeway and the Peninsula's renowned beaches, wineries and attractions

A rare opportunity to secure a beautifully finished coastal residence where premium design meets an enviable beachside lifestyle - inspection is sure to impress.

Listing description written by Michelle Bennie, Ray White Rosebud — reproduced as published, not verified by Districts.

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.