64 Venice Street, Mornington VIC 3931
64 Venice Street, Mornington VIC 3931
4-bedroom detached house on 707 m² | 1969 build with modern coastal aesthetic | Owner-occupier family appeal | Established Mornington location with school catchments
The property is competitively positioned through its combination of a generous 707 m² land holding and a 4-bedroom, 2-bathroom configuration, which is less common in Mornington’s newer infill stock. The modern coastal aesthetic and master suite with ensuite and walk-in robe suggest a finished interior that suits family living, while the absence of bushfire, flood, or heritage overlays reduces planning friction. This house sits in an established residential area with reliable NBN and 5G coverage, and it is zoned for Mornington Primary School and Mornington Secondary College. It best serves owner-occupier families seeking a larger established home on a sizeable lot, or downsizers who value space and a coastal-style presentation without needing immediate renovation.
The 1969 build date means the property may require attention to systems such as roofing, wiring, or insulation, which could affect long-term maintenance costs and buyer willingness to pay a premium. The building coverage of 31% on a 707 m² lot leaves land that might be suited for future extension or a studio, but any development would need council approval. The floor level or storey configuration is not confirmed, so a buyer should verify whether the layout is single-level or split, as this influences accessibility and market appeal. These factors may materially shape the property’s value and should be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 64 Venice Street, Mornington VIC 3931
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
1
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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
2
Parking
2
Land
707m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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