2/17 Tanti Avenue, Mornington VIC 3931

2/17 Tanti Avenue, Mornington VIC 3931
heritage apartment | dual parking | walk to beach and main street | premium Mornington location This property sits in a rare position: a heritage conversion with modern finishes, two dedicated parking spaces, and a walk-to-everything location that is difficult to replicate. The internal size, likely around 139 square metres, is generous for a two-bedroom apartment and places it closer to a small house in usable space. For a buyer seeking a low-maintenance home or a lock-and-leave with strong rental appeal, the combination of ducted air conditioning, double glazing, floorboards, and an open fireplace offers genuine liveability. The building’s heritage character and communal grounds add a point of difference that standard new apartments lack. This unit best suits downsizers, professionals, or investors who value location and quality over raw land. The bushfire and heritage overlays are the primary constraints, limiting structural changes and adding compliance cost if renovations are planned. The conflicting size data between listings is a due diligence flag that must be resolved before exchange. Rental estimates vary from $705 to $910 per week, so yield assumptions should be conservative. The suburb’s 6.2 percent annual growth supports capital appreciation, but the property’s price point places it at the top of the two-bedroom market. Hold this as a medium-term residence or a stable rental; do not expect rapid flipping gains.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/17 Tanti Avenue, Mornington VIC 3931
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Market Insight:

Mornington is a well-established coastal suburb, prized for its lifestyle and proximity to Melbourne, attracting a stable owner-occupier base of families and downsizers. Demand is driven by this demographic seeking a permanent coastal lifestyle, while investor interest is focused on the unit segment. Recent price trends show a stable but nuanced market, with house values experiencing modest fluctuations while units demonstrate stronger growth momentum. Future performance will be supported by enduring lifestyle appeal and quality schooling, though high entry prices present a constraint on affordability and broader buyer access.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

2

Land

1.49 acres

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