Welcome to iSearch Property, your trusted estate agency in Mornington. Whether you’re buying or selling our experienced agents are here to guide you through every step with local knowledge and professional care.
Mornington, located approximately 57 km southeast of Melbourne, is a highly sought-after seaside locality on the Mornington Peninsula. Known for its stunning beaches, boutique cafes, and relaxed coastal lifestyle, it offers the perfect balance of nature, convenience, and community.
As dedicated property experts in Mornington, we bring in-depth knowledge of the area’s property trends, community, and pricing patterns. Our insight into Mornington's property market ensures accurate valuations, targeted marketing, and successful negotiations.
Our team is known for delivering excellent outcomes through honest advice, transparent communication, and a commitment to client success. The positive feedback from our clients speaks volumes about the service you can expect from iSearch Property.
Mornington’s property market has shown consistent growth, with coastal properties in high demand among families, professionals, and retirees. The area is a strong choice for both long-term investment and lifestyle buyers.
The market remains strong with steady annual growth across most property types, especially family homes and townhouses close to the beach and Mornington Main Street.
Absolutely. Mornington offers consistent rental yields, capital growth, and lifestyle appeal. These factors make it one of Victoria's best coastal investment locations.
We offer free property appraisals, a detailed marketing plan, and staging recommendations to help you sell at the best price possible. Timing, presentation, and pricing are key.
On average, properties in Mornington take 55-62 days to sell, with higher-end homes attracting buyers relatively quickly due to high demand.
Yes – it’s important that you engage a suitably qualified solicitor with conveyancing experience in ‘off the plan’ property contracts. There are unique areas of expertise required when providing legal advice on properties that are yet to be built which a general conveyancing solicitor may not be experienced in. These include the timing of titles being issued, covenants, inspection challenges, timing around council consents, etc. Some solicitors offer fixed fees for these types of services.
For many townhouse developments the property will have a ‘freehold title’, where you own the land, and anything built on it. However, as you share common areas (or walls) with your neighbours it’s best to have an agreement that protects your property long into the future. A Residents’ Agreement does just that – it sets up a professionally managed Residents’ Society that helps manage and maintain the communal facilities of the development for the benefit of all owners. It will ensure the development is adequately insured and common areas are safe, clean, and well-presented.
The main requirement of the Residents’ Society is to maintain common infrastructure, such as carparking, common area maintenance of the grounds, lighting, insurance, and management of any other services required. These services are specific to each development and the Society is tailored to the requirements of each development. A schedule of services with each Residents’ Society will provide details of the services being provided by the Society.
For apartments and some townhouses, they can be what’s called ‘stratum in freehold’ or ‘unit title’. For properties that are unit title, there is a requirement for there to be a Body Corporate.
With a unit title property, you own your apartment or unit outright and anything else listed in the record of title, such as garages, car parks and private outdoor areas. You also have an undivided share of the common property, such as lifts, lobby areas, driveways, and gardens.
Owning a unit title means there are different obligations to standard house and land ownership. Unit titles are governed by the Unit Titles Act 2010, which sets out the rights and responsibilities of a unit title owner, so that the group of units can be managed effectively.
When you buy a unit title, you automatically become a member of the Body Corporate, which is made up of all the unit owners acting as a group. Body Corporates handle the management and maintenance of the building and property. Most day-to-day decisions of the Body Corporate can be made by a Body Corporate committee or with the agreement of 50% or more of the unit owners. Some decisions will require the agreement of 75% or more of the unit owners. The Body Corporate must hold an Annual General Meeting at least once a year to discuss issues and vote on them.
You will usually pay an annual fee or levy to the Body Corporate, which will go towards budgeted Body Corporate expenses. The fee will include costs like insurance and management expenses (by an external contractor), contributing to a long-term maintenance fund and any services the body corporate arranges for its members (for example rubbish collection and cleaning communal areas).
There are also body corporate rules that each owner must adhere to. Please ask your sales agent for a copy of these and the proposed budget. As with any property purchase, it’s wise to seek legal advice. Your lawyer or conveyancer can help you understand the Body Corporate rules, your obligations and what you can and can’t do with your apartment or townhouse.
The following additional resources can help provide additional information on the property purchase process. Reference – REAA Website: settled.govt.nz
