Butler Ave

Mornington | Victoria

Unrivaled in

True Character

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Jasmin Scott

Presented At

$1,850,000

Bedrooms

Bathrooms

Parking

Garden

Gate

Water View

High Altitude

Ocean View

Privacy

Panoramic / Scenic View

Investment Property

4 Butler Ave, Mornington VIC 3931, Australia, Mornington, Victoria, Australia. - Photo 1

4 Butler Ave, Mornington VIC 3931, Australia, Mornington, Victoria, Australia. - Photo 2

4 Butler Ave, Mornington VIC 3931, Australia, Mornington, Victoria, Australia. - Photo 3

4 Butler Ave, Mornington VIC 3931, Australia, Mornington, Victoria, Australia. - Photo 4

4 Butler Ave, Mornington VIC 3931, Australia, Mornington, Victoria, Australia. - Photo 5

4 Butler Ave, Mornington VIC 3931, Australia, Mornington, Victoria, Australia. - Photo 6

4 Butler Ave, Mornington VIC 3931, Australia, Mornington, Victoria, Australia. - Photo 7

4 Butler Ave, Mornington VIC 3931, Australia, Mornington, Victoria, Australia. - Photo 8

4 Butler Ave, Mornington VIC 3931, Australia, Mornington, Victoria, Australia. - Photo 9

4 Butler Ave, Mornington VIC 3931, Australia, Mornington, Victoria, Australia. - Photo 10

4 Butler Ave, Mornington VIC 3931, Australia, Mornington, Victoria, Australia. - Photo 11

Butler Ave

Mornington | Victoria

4 Butler Ave, Mornington VIC 3931, Australia, Mornington, Victoria, Australia. , Mornington , Victoria

BELEURA HILL BEACHSIDE OPPORTUNITY

Expressions of Interest close Tuesday 3rd December (unless sold prior) Nestled in one of Mornington's most sought-after Beleura Hill streets, just moments from the iconic Mills Beach, this three-bedroom, double-story home offers a unique blend of art deco charm and development potential. Set on a private 868-square-metre (approx.) block surrounded by tranquil gardens, this property captures stunning bay views and a lifestyle steeped in coastal beauty. On the market for the first time in over 20 years, this solidly built 1970s home features high ceilings and expansive windows that flood the interiors with natural light. Offering endless opportunities, the property invites you to renovate and enhance its existing character or take advantage of its prime location to create a new dream home or potential redevelopment (STCA). Just a short walk to the sands of Mills Beach and the vibrant cafes and boutiques of Main Street, this is a rare opportunity to enjoy Mornington's prized lifestyle and blue-chip coastal address.

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Property Location

4 Butler Ave, Mornington VIC 3931, Australia, Mornington, Victoria, Australia., Mornington Victoria

Local Weather & Climate

Mornington, Victoria

Current Conditions Updated recently

59 °F

Clear sky

Feels Like 58°F

Humidity 78%

Wind 1 mph

Visibility 6.2 mi

Sunrise 7:47 PM

Sunset 9:21 AM

5-Day Forecast

Fri 13 Feb

Clouds

High 59°

Low 56°

Sat 14 Feb

Clouds

High 76°

Low 60°

Sun 15 Feb

Clear

High 75°

Low 62°

Mon 16 Feb

Clear

High 83°

Low 65°

Tue 17 Feb

Clouds

High 85°

Low 62°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Mornington?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

A$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for Australia. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Australia tax year 2024 (fiscal year: July-June), rules effective from 1987. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$1,850,000

4 Butler Ave, Mornington VIC 3931, Australia, Mornington, Victoria, Australia.

Mornington, Victoria

3 Beds

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Market Opinion

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Our perspective on current market conditions in Mornington. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $185,000,000 20% down ($37,000,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$15,897/day

Your home may appreciate while you sleep

$111,585/week $483,534/mo $5,802,408/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$101.8M

+$144.4M

$144.4M Potential Equity

vs $101.8M lost to rent over 10 years

$37.0M Down Payment Growth

3.9x

10yr

$144.4M

8.1x

20yr

$299.0M

12.6x

30yr

$467.2M

Wealth Comparison

×1,112

Equivalent to 1,112 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $467.2M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $217.9M +18%

Market $251.9M +36%

Optimistic $290.7M +57%

$144.4M est. equity

20 Years

Conservative $256.6M +39%

Market $343.1M +85%

Optimistic $456.9M +147%

$299.0M est. equity

30 Years

Conservative $302.2M +63%

Market $467.2M +153%

Optimistic $718.0M +288%

$467.2M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 4 Butler Ave, Mornington VIC 3931, Australia, Mornington, Victoria, Australia have?

This house at 4 Butler Ave, Mornington VIC 3931, Australia, Mornington, Victoria, Australia features 3 bedrooms.

What is the listing price for 4 Butler Ave, Mornington VIC 3931, Australia, Mornington, Victoria, Australia?

This property is listed at $185,000,000.

Is now a good time to buy a home in Mornington?

Based on current market indicators, Mornington shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is 4 Butler Ave, Mornington VIC 3931, Australia, Mornington, Victoria, Australia?

This is a house located in Mornington, Victoria. The property is situated in an established neighborhood with convenient access to local amenities and services.