12 Elaroo Ave, Phillip Bay is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 411m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in March 2024.
Enjoy the serenity as the sun sets over Yarra Bay and enjoy the good life in this tightly held village enclave. Completely original and ripe for redevelopment, this freestanding cottage set on a 405sqm parcel of land with unobstructed water views is surrounded by acres of beautiful parklands, secluded beaches and tranquil bays that make Phillip Bay the East's serene paradise. This rare and unique property provides an exceptional opportunity to create your own waterfront oasis.
- Generous 405sqm parcel of land with 12.2m frontage
The size of Phillip Bay is approximately 0.6 square kilometres. It has 5 parks covering nearly 29.1% of total area. The population of Phillip Bay in 2016 was 704 people. By 2021 the population was 721 showing a population growth of 2.4% in the area during that time. The predominant age group in Phillip Bay is 50-59 years. Households in Phillip Bay are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Phillip Bay work in a professional occupation.In 2021, 79.20% of the homes in Phillip Bay were owner-occupied compared with 80.40% in 2016.
Phillip Bay has 285 properties. Over the last 5 years, Houses in Phillip Bay have seen a 39.42% increase in median value, while Units have seen a 84.47% increase. As at 31 January 2026:
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