395 Elgar Rd, Mont Albert is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 732m2 and floor size of 258m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Situated on a prominent corner allotment with a wide frontage spanning 732sqm approx. this substantial period home offers a value packed entry level into the Mont Albert market. It presents a rare opportunity for those with vision to undertake a full front-to-back renovation, with loads of flexible family accommodation and enormous potential to transform. Alternatively, given the generous land area and its proximity to the highly desirable Box Hill amenities, developers may see merit in a multi-residential development (STCA).
The interior over two levels includes period features, stained woodwork and panels typical of its era. A wide entrance foyer flows to a generous front sitting and dining room, downstairs main bedroom with built-in robes, a period-style bathroom and large laundry. A further four bedrooms, study area, second family bathroom and a balcony are located on the upper level.
The expansive living areas include an informal family room with a bay window, a dining space and a well-appointed kitchen featuring quality Westinghouse and Dishlex appliances alongside a walk-in pantry. These spaces flow seamlessly to an alfresco dining and entertaining area, shaded by a charming vine-clad pergola. Additional features include ducted heating, reverse-cycle air conditioning, an original fireplace, ample internal storage including roof storage, side access and a double carport accessible from Mont Albert Road.
This outstanding opportunity offers an ultra-convenient lifestyle suited to all age groups. Enjoy being moments from the popular Hamilton Street shops, Surrey Hills Village and Box Hill Central, with its renowned shopping and restaurant precinct, as well as Box Hill train station, Box Hill Hospital and the Aqualink Recreation Complex. An array of fine schools, Deakin University, parklands, the new Union Station, and bus and tram services are all within easy reach, along with further shopping options and simple access to the Eastern Freeway.
The size of Mont Albert is approximately 1.7 square kilometres. It has 5 parks covering nearly 2.4% of total area. The population of Mont Albert in 2016 was 4840 people. By 2021 the population was 4948 showing a population growth of 2.2% in the area during that time. The predominant age group in Mont Albert is 50-59 years. Households in Mont Albert are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mont Albert work in a professional occupation.In 2021, 69.60% of the homes in Mont Albert were owner-occupied compared with 70.00% in 2016.
Mont Albert has 2,818 properties. Over the last 5 years, Houses in Mont Albert have seen a 4.80% increase in median value, while Units have seen a 7.56% increase. As at 31 March 2026:
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