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9 Pearson 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 $1,562,629, this is based on recent transactions.
  • Distance to the coast 0.75 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Mornington

With an average age of 54, households expect an average monthly mortgage payment of $1,552 or a weekly rent payment of $496. The average family earns a weekly income of $1,829 with a typical household size of 1.9 and a 98.54% 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

General Points of Interest


Population

(Country of Birth not stated 5%)

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


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Mornington Primary School Mornington Secondary College
  • Mornington Primary School

    Mornington, VIC, 3931 State Prep-6

  • Benton Junior College

    Mornington, VIC, 3931 State Prep-6

  • Osborne Primary School

    Mount Martha, VIC, 3934 State Prep-6

  • Mornington Secondary College

    Mornington, VIC, 3931 State 7-12

  • Mornington Special Developmental School

    Mornington, VIC, 3931 State U

  • Kunyung Primary School

    Mount Eliza, VIC, 3930 State Prep-6

  • Mornington Park Primary School

    Mornington, VIC, 3931 State Prep-6

  • St Macartan's School

    Mornington, VIC, 3931 Independent Prep-6

  • Padua College

    Mornington, VIC, 3931 Independent 7-12

  • Peninsula Grammar

    Mount Eliza, VIC, 3930 Independent Prep-12


Property Story

9 Pearson Street, Mornington, Vic, 3931 is a residential property with 4 bedrooms, 2 bathrooms and 2 Parking spaces. The estimated distance to the sea is only 0.75km and 0.7KM 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

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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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