3/22 Alameda Avenue, Mornington VIC 3931

3/22 Alameda Avenue, Mornington VIC 3931
3/22 Alameda Avenue, Mornington VIC 3931 is a 4-bedroom, 3-bathroom townhouse/unit with 2–3 parking spaces depending on the data source, on a 1,014 m² parcel recorded for the whole lot/address block. The property was listed for sale as a townhouse/unit in Mornington. 4-bed, 3-bath townhouse | 1,014m² site | dual living potential | Mornington location | parking for 2–3 cars This property offers a rare configuration for a townhouse in Mornington, with four bedrooms and three bathrooms on a substantial 1,014m² parcel. That land size is unusually generous for a multi-dwelling site, which may provide opportunities for additional outdoor space or future subdivision potential depending on local planning provisions. The property serves best buyers seeking a low-maintenance yet spacious home—particularly families needing multiple living zones or downsizers who want room for visitors without a large block to manage. Its position within a multi-dwelling address suggests a more compact residential character than a standalone house, but the larger floorplan and parking provision place it above typical unit stock in the area. The age and finish quality of the property are not confirmed, so its condition relative to newer townhouses in Mornington could materially affect value. A dated interior or older building services may require budgeting for upgrades, while a well-maintained or renovated property would command a stronger price. The variation in parking allocation across records hints that one space might be a visitor spot or shared arrangement, which could influence convenience for multiple vehicles. Buyers should verify the exact floor level and whether the layout is single-level or split-level, as this affects accessibility and liveability. The property’s market position appears to sit above the typical unit price point, so forming a view on price should rely on direct inspection and comparable sales of similar-sized townhouses in the immediate area.
Detailed Independent Property Report prepared  by PropCred Analyst team for 3/22 Alameda Avenue, Mornington VIC 3931
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk ! 1
Income Risk
Execution Risk 2
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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

4

Bathroom

3

Parking

3

Land

1014m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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