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Off Market

229/431 Racecourse Road

Mornington VIC 3931

2
2
1
Retirement
Susan SmithSusan Smith, last sold this property on 22 December 2025 after 119 days on market.

Overview

DEPOSIT TAKEN - Light-filled ground floor apartment with lagoon views!

With fabulous views of the lagoon, Apartment 229 is available to view and reserve, and is newly reinstated with fresh paint, carpet and updated kitchen appliances. This lovely 2br north-facing ground floor apartment has easy access to the undercover carpark, offering versatile, spacious interiors, designed to maximise natural light, space and functionality. This contemporary apartment features an open plan kitchen, dining and living, flowing onto a generous ground floor balcony overlooking the lagoon and gardens. The spacious master bedroom features a full ensuite and built in wardrobes. The second bedroom is light and bright with built in robe, and room for a home office or guests, with second full bathroom. There is also a 24-hour monitored emergency call system, secure basement parking with storage cage. Peninsula Grange Retirement Community provides contemporary coastal living in a secured and friendly environment. Peninsula Grange is located in the seaside suburb of Mornington, approximately 45 kilometres from Melbourne's CBD. This vibrant, lively area offers a host of delights, including the sparkling waters of Port Phillip Bay, a range of retail outlets and seashore strolls. Equipped with a range of amenities, Peninsula Grange has been designed to offer you the very best for your lifestyle. From keeping yourself active in the gym, to pampering yourself in the hair and beauty salon, you will find what you need to make each day enjoyable. Features include: - Community Centre with bar and picturesque lake views - Indoor heated swimming pool - Library - Bowling green - Wide open spaces and walking paths - Barbecue areas and parks - Arts studio Phone Susan Smith, Sales Manager to arrange a sales tour.

Features

2 bedrooms
2 bathrooms
1 carspace
Retirement

Estimated Value

Based on this property and similar 2 bedroom retirement properties sold in Mornington over the last 12 months, the estimated median property value of 229/431 Racecourse Road is $271.5k.

Median value
$271.5k
Estimated value range
$195k - $330k
Median days on market
117
Estimated value trend
8%
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 229/431 Racecourse Road

2025
Sold
Undisclosed
Private Sale/Treaty on 22 Dec 2025 by Susan Smith, of Australian Unity

Happy sellers in Mornington

74%
74% 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 40 reviews in Mornington over the last 12 months.

Local market activity for 2 bedroom retirement properties in Mornington

In the last 12 months, 8 two-bedroom retirement properties similar to 229/431 Racecourse Road, have been sold.

This represents a 80% decrease in two-bedroom retirement properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mornington

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Brett Trebilcock

Sellers who recommend Brett Trebilcock have praised them for being clear communication, friendly, local expert, responsive, honest, supportive and trustworthy

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Julie Lock

Sellers who recommend Julie Lock have praised them for being clear communication, local expert, responsive, friendly, supportive, dedicated and pleasant

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Robert Lewis

Sellers who recommend Robert Lewis have praised them for being clear communication, local expert, responsive, dedicated, detail-oriented, friendly and reliable

  •   4.9   (255 reviews)
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Geoff Oxford

Sellers who recommend Geoff Oxford have praised them for being local expert, clear communication, supportive, dedicated, honest, reliable and great negotiation

  •   4.9   (356 reviews)
  •  5 Reviews in Mornington
  •  4 Sales in Mornington
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