1/14 Tanti Avenue, Mornington VIC 3931
1/14 Tanti Avenue, Mornington VIC 3931
Townhouse-style dwelling in premium coastal pocket | 3 bed, 2 bath, 2 car configuration likely | Walk to Main Street and Mills Beach | High-end finishes expected | Small gated development feel
This property sits in one of Mornington’s most sought-after lifestyle locations, where the combination of beach proximity and Main Street convenience is genuinely hard to replicate. The likely three-bedroom, two-bathroom layout with double parking suits downsizers and empty nesters who want lock-and-leave living without sacrificing quality. The development’s premium positioning, with contemporary finishes and secure access, places it above typical suburban stock in this price range. For buyers seeking a low-maintenance coastal home with strong walkability, this represents a rare opportunity in a tightly held pocket.
The value picture here hinges on presentation and internal condition more than land size, given the townhouse format. The north-east aspect and potential for bay or coastal views could meaningfully lift appeal, while the absence of confirmed floor level or exact land dimensions means buyers should verify these details before committing. The mixed-use character of Tanti Avenue, with retirement and medical properties nearby, may temper privacy expectations slightly, but the established nature of the pocket suggests stability rather than uncertainty. Price formation will likely reflect how well the interior finishes compare to recent sales in the immediate cluster.
|| Comparable Sales: 17/17 Tanti Avenue sold $1,762,000 in Jul 2024; 9/14 Tanti Avenue listed around $1.5M–$1.6M | Property Price Band: $1.5M–$1.6M | Value Drivers: Interior finish quality, aspect and views, walkability to beach and Main Street
Detailed Independent Property Report prepared by PropCred Analyst team for 1/14 Tanti Avenue, Mornington VIC 3931
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Mornington VIC 3931 holds a coastal lifestyle position within commuter reach of Melbourne via Peninsula Link and the Frankston line, supported by retail hubs such as Mornington Plaza. Demand is driven by families aged 40-59, with 77.5% owner-occupiers and 48.2% family households, plus Melbourne downsizers seeking lifestyle properties and investors targeting units. Median house prices sit around $1.08m-$1.12m, but annual growth is mixed: recent readings range from -1.82% to +1.8%, with one gauge showing +3.2% for all dwellings. Units are firmer, with medians of $741,000-$782,500 and annual growth between 4.7% and 8.8%. Houses sell in 25-38 days, and annual sales volumes of 336-474 indicate steady turnover. Rental yields are modest: 3.35%-3.8% for houses, around 4% for units, with house rents at $700-$725 weekly. Future drivers include school catchments with NAPLAN results above state averages, infrastructure upgrades, and investor demand for units. Key constraints are high entry prices limiting first-home buyers, sensitivity to interest rates evidenced by fluctuating growth, and steady supply of around 500 annual sales.
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PropCred Estimated Value
Comparable Sales: 17/17 Tanti Avenue sold $1,762,000 in Jul 2024; 9/14 Tanti Avenue listed around $1.5M–$1.6M | Property Price Band: $1.5M–$1.6M | Value Drivers: Interior finish quality, aspect and views, walkability to beach and Main Street
Bedrooms
2
Bathroom
2
Parking
2
Land
310m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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