Back 1/769 Nepean Highway
Off Market

1/769 Nepean Highway

Mornington VIC 3931

3
2
2
230 m²
House
Last sold for $920,000
Julie LockJulie Lock, last sold this property on 28 June 2026 after 124 days on market.

Overview

Modern Comfort & Beachside Convenience

Ideally positioned just moments from the Esplanade and popular local venues including the Dava Hotel and Dreamer’s Café, this well-located property presents an outstanding opportunity for both investors and lifestyle buyers. Only four years old, the home offers all the benefits of modern construction and features, with minimal upkeep, making it particularly appealing for those seeking a low-maintenance lifestyle or a set-and-forget investment. Whether you're looking to live in, lease out, or secure a Mornington foothold for the future, this property offers flexibility that is increasingly hard to find in today’s market. Offering both long-term and short-stay income potential, the property has been appraised at $800 to $850 per week for permanent rental, while also presenting strong holiday letting returns of approximately $3,500 to $4,000 per week during peak summer periods, along with consistent year-round income opportunities. Inside, the home provides a light-filled and functional layout designed for easy living. The open-plan living and dining area connects seamlessly with the kitchen, creating a comfortable central hub for everyday living. Bedrooms are well-proportioned and serviced by a central bathroom, making the home equally suited to owner-occupiers, downsizers or tenants. Low maintenance in design, the property allows you to spend less time on upkeep and more time enjoying what this location has to offer. For investors, it’s a set-and-forget opportunity in a proven rental pocket. For owner-occupiers, it’s a chance to secure a well-located home with future upside. Opportunities that offer both lifestyle and income are rare and highly sought after.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
230 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mornington over the last 12 months, the estimated median property value of 1/769 Nepean Highway is $990k.

Median value
$990k
Estimated value range
$640k - $3m
Median days on market
31
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mornington. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/769 Nepean Highway

2026
Sold
$920,000
28 Jun 2026 by Julie Lock, of Seachange Property
2022
Sold
$1,060,000
Private Sale/Treaty on 20 Nov 2022 by Lina Luppino, of Jones Luppino Real Estate

Happy sellers in Mornington

69%
69% of sellers in Mornington reported that their sale price either exceeded or met their price expectations.

Mornington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 42 reviews in Mornington over the last 12 months.

Local market activity for 3 bedroom houses in Mornington

In the last 12 months, 177 three-bedroom houses similar to 1/769 Nepean Highway, have been sold.

This represents a 8% increase in three-bedroom houses sales when compared to the previous 12 months.

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