1/10 Surrey Street, Mornington VIC 3931

1/10 Surrey Street, Mornington VIC 3931
Spacious 4-bed 2-bath unit with dual parking | Street-front position in established Mornington precinct | Appeals to downsizers seeking lock-up garage | Steady performer in unit-heavy market|This four-bedroom two-bathroom unit with two parking spaces suits downsizers or small families prioritising low-maintenance living near coastal amenities. As a street-front unit it stands out from rear-block peers offering direct access and a sense of independence uncommon in strata complexes. Its generous bedroom count provides flexible living space for extended stays or home offices appealing to buyers transitioning from larger homes. In a street blending units and detached houses this property slots neatly into the middle ground neither the smallest apartment nor oversized family pad. Buyers drawn here often include retirees or professionals valuing the balance of space and convenience over expansive gardens. Similar units in the local market hold value steadily due to Mornington’s demand for secure parking amid rising vehicle ownership. The front positioning enhances privacy and street presence boosting kerb appeal for future resale. Long-term it benefits from the suburb’s lifestyle draw maintaining relevance as preferences shift toward compact yet functional homes. Overall its setup positions it well for consistent occupancy or trade-up potential in a selective buyer pool.

Market Insight:

Mornington is a major coastal centre on the Mornington Peninsula attracting strong demand from lifestyle buyers and retirees. Housing prices have experienced strong long-term growth due to coastal lifestyle appeal and limited supply. The suburb offers beaches, wineries, and a vibrant hospitality scene. Its accessibility from Melbourne continues to support buyer demand.

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

Built

Recent Assessments