10 Rainbow Place, Mornington, Vic 3931

$780,000 - $847,000

Unit
Type
3
Bedrooms
2
Bathrooms
2
Parkings

Last updated on Friday, July 03, 2026 ( See property details for 10 Rainbow Place, Mornington, Vic 3931)

$780,000 - $847,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A beautifully appointed, near-new three-bedroom home in Mornington offering low-maintenance coastal living just moments from beaches and vibrant village amenities.

🏡 Property Highlights

  • Near-new, turnkey three-bedroom, two-bathroom home in a sought-after seaside township
  • Two outdoor terraces perfect for entertaining and enjoying the coastal lifestyle
  • Premium upgraded kitchen and appliances with high-quality finishes
  • Low-maintenance, ground-floor design ideal for downsizers, professionals, and investors
  • Close proximity to top beaches including Mills Beach, Mothers Beach, and Fishermans Beach
  • Walking distance to vibrant Main Street Mornington with cafes, markets, and boutique shopping

✨ Key Features

  • Outdoor Area
  • Built-in Robes
  • Garage
  • Open-Plan Living
  • Waterfront / Views
  • Balcony
  • Pet-Friendly
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready

Mornington is a vibrant bayside township renowned for its unspoilt coastline, lively village atmosphere, and excellent amenities. It offers a perfect blend of weekend leisure and weekday convenience, with stunning beaches, world-class dining, and a strong community spirit. The area boasts a long history of capital growth and rental demand, making it an ideal location for both lifestyle and investment. Residents enjoy easy access to the Mornington Foreshore, coastal walks, and a variety of local markets and cafes.

What is the layout and size of the outdoor terraces?
The property features two outdoor terraces designed to maximise sunlight and outdoor living, ideal for entertaining or relaxing.
Are there any recent upgrades or renovations?
Yes, the kitchen and appliances have been upgraded to a premium specification, and the home is in near-new, turnkey condition.
What are the nearby beaches and outdoor activities?
The home is within walking distance to Mills Beach, Mothers Beach, and Fishermans Beach, with coastal walks and water-based activities readily accessible.
Is the property suitable for investment purposes?
Absolutely, the property offers a low-maintenance, high-appeal asset in a suburb with a strong record of capital growth and rental demand.
What amenities and services are available in Mornington?
Mornington provides excellent shopping, dining, schools, and community facilities, all within easy reach of the property.
Are there any upcoming planning or development applications in the area that could affect the property? What are the strata or body corporate fees and regulations, if applicable? Are there any known issues with the property such as structural defects or pest problems? Is the property compliant with all local building codes and regulations? What are the flood and bushfire risks in this area? Are there any easements or zoning restrictions that could impact future renovations or use? Is there any ongoing or planned construction nearby that could cause noise or disruption? What are the total ongoing costs including council rates, water, and maintenance? Are there any restrictions on pet ownership in the property or community? Has the property been tested for asbestos or other hazardous materials?

10 Rainbow Place, Mornington, Vic 3931 - More Details

$780,000 - $847,000

Tucked into a quiet, tightly held pocket of one of the Mornington Peninsula's most sought-after seaside townships, 10 Rainbow Place offers something genuinely rare: a beautifully appointed, near-new home in turnkey condition, positioned just moments from the sparkling waters of Port Phillip Bay and the heart of vibrant Mornington Village. Lightly lived in and immaculately presented, this is a home where the hard work has already been done - the only thing left to do is unpack the car and pour the first glass of peninsula pinot.

A thoughtfully designed three-bedroom, two-bathroom residence with a double garage and not one but two outdoor terraces - perfect for tracking the sun, entertaining year-round, or simply enjoying a quiet coffee in the morning air. The kitchen and appliances have been upgraded to a premium specification, delivering the kind of finish that's increasingly difficult to find at this price point in this postcode.

The layout and condition of this home make it a standout option for an unusually broad cross-section of buyers:
*Downsizers releasing equity from larger metropolitan homes will appreciate the low-maintenance footprint, ground-floor convenience and lock-and-leave practicality
*Young professionals and couples can enjoy a polished, ready-to-go base within easy reach of Melbourne
*Families benefit from three bedrooms, dual bathrooms and immediate access to top-tier schools
*Second-home and weekend buyers get a true lock-up-and-leave coastal retreat with zero renovation overhang
*Investors are presented with a low-maintenance, high-appeal asset in a suburb with a long, consistent record of capital growth and rental demand

Mornington is the jewel in the crown of the Mornington Peninsula - a sun-drenched bayside township roughly 60 kilometres south-east of Melbourne's CBD. It is the rare suburb that offers the best of both worlds: weekend energy, world-class hospitality and unspoilt coastline on one hand, weekday convenience, established infrastructure and genuine community on the other.
Life here is dictated by the rhythm of the bay. Mornings begin with a coffee on Main Street or a swim at Mothers Beach. Afternoons stretch into long lunches at one of the peninsula's celebrated cellar doors. Evenings are spent watching the sun melt into the water from the historic Mornington Pier - or, increasingly, from one of two private terraces at Rainbow Place.

The home sits within walking and easy driving distance of several of the area's most beloved beaches:
*Mills Beach - home to the iconic, candy-coloured beach boxes that have become synonymous with the Mornington brand
*Mothers Beach - a gentle, family-friendly cove sheltered by Schnapper Point and the Mornington Pier
*Fishermans Beach - the quieter, locally loved stretch favoured by paddleboarders, swimmers and dog walkers.

The Mornington Foreshore and Coastal Walk links these beaches via one of Victoria's most picturesque clifftop trails - an everyday luxury that residents quickly take for granted.

Just a short stroll or quick drive away, Main Street Mornington is consistently ranked among Victoria's premier village shopping and dining strips. The tree-lined boulevard hums with destination cafes, wine bars, boutique fashion, fresh produce grocers, day spas and weekend markets. Favourites within easy reach include the Mornington Farmers' Market, Commonfolk Coffee, Via Boffe and a deep bench of long-running family restaurants.
For everyday needs, Mornington Central and Bentons Square Shopping Centre cover the major supermarkets, fashion, services and specialty retailers - meaning a weekly grocery run never requires leaving the township.

Schools, Services and Community
Mornington offers a complete schooling ecosystem from prep through to Year 12:
*Primary: Mornington Primary School, Mornington Park Primary, Benton Junior College
*Secondary: Mornington Secondary College, Padua College (independent Catholic, multi-campus)
*Specialist & Early Years: Mornington Special Developmental School and a strong network of childcare and kindergarten providers

Connected to Melbourne, Removed from the Rush
Despite its holiday-town feel, Mornington is genuinely commutable. Peninsula Link and the Mornington Peninsula Freeway provide a clean run to EastLink and the wider Melbourne motorway.
Type
Unit
Bedrooms
3
Bathrooms
2
Parkings
2
Study
1

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Three Dimensional Virtual Tour - 10 Rainbow Place, Mornington, Vic 3931

Map & nearby places — 10 Rainbow Place, Mornington, Vic 3931

Login to experience 10 Rainbow Place, Mornington, Vic 3931 in 3D

Sign in to unlock the photorealistic 3D Immersive View of this property — fly over the home and its street, and see exactly what's around it before you book an inspection.

  • Photorealistic 3D aerial & street-level flyover
  • Nearby schools, parks, shopping, transport, health & dining
  • Walking & driving routes with live travel time from the front door
  • Orbit-home, street & suburb camera presets
  • Satellite & hybrid map views, full-screen mode
  • Free for every Real Search member — no cost to explore
Login to view 3D Immersive View New to Real Search? Create a free account

Email Enquiry To OBrien Real Estate - Mornington

  • Personal Information Collection Statement
    This form is only to be used for sending genuine email enquiries to the Agent. Real Search Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Explore More About Mornington

Real Search makes searching for your new home easy with properties for sale in Mornington and properties for rent in Mornington. Are you looking for specific type of property? Real Search has units for sale in Mornington and houses for sale in Mornington. Real Search also provides 1 bedroom unit for sale in Mornington, 2 bedroom unit for sale in Mornington & 3 bedroom unit for sale in Mornington. Find best real estate agents in Mornington. You can also check real estate agencies in Mornington. Research the property market of Mornington with a property report and suburb profile report on Real Search.

  • Disclaimer
    Our service utilises AI search capabilities based on publicly available indexed data for non-commercial purposes and testing phase. The above information is an excerpt from publicly available data and may be subject to errors or changes. RealSearch.com.au makes no representations or warranties regarding the accuracy of this data. Please consult the Agency/Agents directly for the most up-to-date information.