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111 Maxwell Street,
Mornington VIC 3931

This property is Off Market

All about Mornington Homes for sale in Mornington

The Average property price in this area is $1,187,788, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 1.45 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Belle Property 56 VAN NESS AV, $1,150,000 - $1,265,000 3 Beds - 1 Baths - 2 Parking Within 0.3 km Ray White UNIT 8, 239 DUNNS RD, 575000 2 Beds - 1 Baths - 1 Parking Within 0.6 km Ray White 865 NEPEAN HWY, 800000 0 Beds - 0 Baths - 0 Parking Within 0.8 km Belle Property 19A CARNOUSTIE GR, $1,800,000 - $1,980,000 4 Beds - 2 Baths - 2 Parking Within 1.0 km Belle Property UNIT 10, 32 SPRAY ST, $570,000 - $630,000 2 Beds - 2 Baths - 1 Parking Within 1.0 km Belle Property UNIT 2, 14 CORAL RD, $2,650,000 - $2,900,000 4 Beds - 3 Baths - 3 Parking Within 1.4 km Harcourts UNIT 8, 653-654 ESPLANADE, $685,000 - $740,000 2 Beds - 1 Baths - 1 Parking Within 1.4 km Harcourts UNIT 2, 10 NAPLES ST, $1,300,000 - $1,400,000 3 Beds - 2 Baths - 2 Parking Within 1.5 km Belle Property 11 NELSON ST, $1,580,000 3 Beds - 2 Baths - 6 Parking Within 1.5 km Belle Property UNIT 4, 5 SHELLEY ST, $800,000 - $880,000 3 Beds - 2 Baths - 1 Parking Within 1.8 km OneAgency 1 MORNING MIST CT, $1,730,000 - $1,795,000 5 Beds - 2 Baths - 5 Parking Within 1.8 km Belle Property UNIT 7, 57 HERBERT ST, $4,700,000 - $4,950,000 4 Beds - 3 Baths - 2 Parking Within 1.9 km Belle Property UNIT 1, 12 SHELBOURNE CT, $1,450,000 - $1,550,000 3 Beds - 2 Baths - 2 Parking Within 2.2 km LJ Hooker UNIT 4A, 784 ESPLANADE, $939,000 8 Beds - 4 Baths - 4 Parking Within 2.4 km

Recently Sold Properties in this Area

About Mornington

With an average age of 42, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $411. The average family earns a weekly income of $2,059 with a typical household size of 2.5 and a 100.0% employment rate.

Consistent high demand relative to supply is a key feature in Mornington driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Mornington are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Mornington classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Mornington requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Mornington we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Mornington a better buying opportunity than it may have been in the past.

Public Transport

Leawarra

Somerville train

Chelsea

Tyabb Station train

Bittern Station train

Moorooduc

Mornington train

Bonbeach

Seaford

Hastings

General Points of Interest

Bentons Square

Beleura

Somerville Shopping Centre

Eliza Square golf

Devils Bend Golf Course sport

Baxter Tennis Club

Wetland Viewpoint monument

Gallipoli oak

Flinders Monument golf

Mount Martha Public Golf Course

Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 3067 asthma sufferers and 1199 people living with diabetes. In addition, 1783 people have a heart/vascular condition and 3008 people live with three or more chronic diseases.

A good place to invest in property?

Mornington a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

48 / 100

52 / 100

Industry

19 / 100

17 / 100

Population

50 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

41 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Mornington Secondary College Benton Junior College
Balcombe Grammar School
Mount Martha, VIC, 3934 Independent Prep-12
St Macartan's School
Mornington, VIC, 3931 Independent Prep-6
Mornington Primary School
Mornington, VIC, 3931 State Prep-6
Padua College
Mornington, VIC, 3931 Independent 7-12
Mornington Special Developmental School
Mornington, VIC, 3931 State U
Benton Junior College
Mornington, VIC, 3931 State Prep-6

Property Story

111 Maxwell Street, Mornington, Vic, 3931 is a residential property with 3 bedrooms, 2 bathrooms and 3 Parking spaces. The estimated value of this home is $1,150,000 while properties of this type typically sell for between $620,000 and $3,050,000 in this suburb. The estimated distance to the sea is only 1.45km and at least 1.5KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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