48 Redbourne Avenue, Mount Eliza, VIC 3930 | Land for sale | OnTheHouse
FOR SALE
$1,280,000

48 Redbourne Avenue
Mount Eliza VIC 3930

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1162m2
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Rare Land Holding: 1,162m² (Approx.) of Pure Luxury Potential in Mount Eliza

The Ultimate Ranelagh Estate Canvas – 1,162m² (approx.) of Pure Potential
An exceedingly rare vacant block in the highly coveted, historic heart of Mount Eliza’s premier 'Ranelagh Estate', this magnificent 1,162m² (approx.) allotment pairs prestige and promise in a blue-chip location. Presenting an elite blank canvas for the discerning buyer demanding architectural freedom, this unique site offers the ultimate opportunity to craft a cutting-edge seaside sanctuary.
With the previous dwelling completely removed and the site cleanly cleared, the standard and costly hurdles of demolition are entirely behind you. This premium site stands completely ready for its next grand chapter.
Ideal Proportions for Landmark Design
Boasting a highly desirable 18.6m frontage and an expansive 67.7m depth, the block offers a beautifully proportioned, flat rectangular footprint. Coupled with its favored north-facing aspect, it provides the perfect foundation to maximize natural light, execute a striking multi-level design, and potentially capture beautiful upper-level bay views while effortlessly catering to modern luxury living.
An Unrivaled, Tree-Lined Backdrop
Peace and privacy are completely assured. The deep rear boundary sits directly adjacent to the pristine Rupert White Reserve, establishing a stunning, permanent backdrop of mature greenery. Imagine designing a master suite or a poolside alfresco domain that looks out over nothing but tranquil, nature-filled parkland—an acreage-style sense of seclusion right in the heart of suburbia.
A Lifestyle Beyond Compare
Bask in the convenience of having everything at your fingertips. Nestled in a whisper-quiet, family-friendly street known for its ease of access, a short, leisurely stroll places you barely moments from the vibrant town centre.
- Leave the car in the garage and walk to Mt Eliza Village for your morning latte, boutique shopping, or dining at upscale cafes and restaurants.
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Property Details for 48 Redbourne Ave, Mount Eliza

Building Type
Land
Land Size
1162m2
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About Mount Eliza 3930

The size of Mount Eliza is approximately 23.4 square kilometres. There are 46 parks, covering nearly 8.9% of the total area. The population of Mount Eliza in 2016 was 17888 people. By 2021 the population was 18734 showing a population growth of 4.7% in the area during that time. The predominant age group in Mount Eliza is 10-19 years. Households in Mount Eliza are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mount Eliza work in a professional occupation.In 2021, 89.60% of the homes in Mount Eliza were owner-occupied compared with 88.00% in 2016.

Mount Eliza has 7,897 properties. Over the last 5 years, Houses in Mount Eliza have seen a -2.79% decrease in median value, while Units have seen a 10.27% increase. As at 31 July 2026:

  • The median value for Houses in Mount Eliza is $1,695,054 while the median value for Units is $753,849.
  • Houses have a median rent of $1,070 while Units have a median rent of $595.
There are currently 42 properties listed for sale, and 1 property listed for rent in Mount eliza on OnTheHouse. According to Cotality's data, 346 properties were sold in the past 12 months in Mount eliza.

Suburb Insights for Mount Eliza 3930

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.