1/53 Beleura Hill Road, Mornington VIC 3931

Pricing gap | pool upkeep | rental drop risk | dated floorplan The sharp gap between the $1.3k weekly asking rent and the $950–$1.09k estimate signals the property may be overpriced for the current rental market, creating a 12–20% vacancy risk that could pressure your holding costs if you plan to lease. While the 2016 purchase price of $990k and the building age from 2008 show a decade of capital growth, the Mornington Peninsula market has cooled for townhouses of this size, and the pool and deck represent ongoing maintenance liabilities without a corresponding premium in rent. Unless you intend to live here for at least five years to absorb a potential price correction closer to the $1.44–$1.48 million Domain main estimate, this property is best held as a long-term owner-occupied home rather than a near-term investment flip. The in-ground pool and ensuites, combined with the fully fenced yard and dual garage spaces, make this townhouse competitively rare in the 3931 postcode for families who want turn-key luxury without a full house footprint. Mornington Primary and Secondary College zones add structural demand for buyers with school-aged children, and the remote garage and NBN FTTN provide functional convenience that suits professional couples downsizing or relocating from Melbourne. To secure this property on your terms, now is the time to stress-test your financing against a 10% purchase price discount and request a full pool inspection report before any offer.