12 Millbank Drive, Mount Eliza, VIC 3930 | Property Value & History | OnTheHouse
OFF MARKET

12 Millbank Drive
Mount Eliza VIC 3930

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 314m2
Land area: 2703m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 3 Aug 2026
Low

High
Save

Property Details for 12 Millbank Dr, Mount Eliza

12 Millbank Dr, Mount Eliza is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 2703m2 and floor size of 314m2. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
House
Year Built
1975
Floor Size
314m2
Land Size
2703m2
Local Government
Mornington Peninsula
Lot/Plan
215/LP84755

Last Listing description (June 2023)

Set in the highly coveted Woodlands Area in Mount Eliza, on two thirds of an acre stands this luxuriously appointed freshly updated home. Sprawling across 4 levels with a versatile floor-plan, this home is ideal for a growing or combining family. With a seemingly endless floor-plan, the main hub of the home is split across the two first levels.

The first level showcases a formal lounge and dining area with marble open fire-place. Flowing through to a spacious open-plan kitchen with an island bench, adjacent to a spacious dining area, ideal for those who like entertaining. The second level features an informal lounge and wood heater, perfect for spending time relaxing with family and friends.


The main living areas of the home flow out to the alfresco deck and paved area, which leads to an This property offers the complete lifestyle package, with space and all the luxury extras.

Other features of the home include:
- 5 spacious bedrooms with built-in robes
- Master with walk-in robe and ensuite
- Three family friendly bathrooms recently updated
- Private study nook or lounge
- Extensive natural gardens, with garden care included in the rent
- Triple carport with attic storage above
- Ducted Heating, ducted air conditioning , split system air conditioner and smart ceiling fans
Sun shade and block out blinds in all rooms

The Woodlands area is highly sought after for its proximity to prestigious schools, the sophisticated Mount Eliza Hub, an array of stunning beaches, leafy woodlands and all the best that the Mornington Peninsula offers. All this whilst being approximately an hour's drive from Melbourne CBD (60km approximately). This is a fantastic lifestyle opportunity, don't let this home pass you by.

**To Inspect**
Please refer to the listed inspection time/s. If no inspection time is available or you are not able to make the listed time/s please click "Get in Touch" to request an Inspection Time or Contact Agent and register your interest.

**Please Note**
Open for Inspection times and property availability is subject to change without notice. We highly recommend registering for an inspection you are going to attend to avoid disappointment for cancellations. If you are registered for an inspection, you will be notified by SMS if the inspection is cancelled.

**Caution**
Marshall White has exclusive leasing rights to this property. We do not advertise on Gumtree, Facebook Marketplace or any other social media platforms. Please beware of scammers and apply only via the official advertising link using the Snug platform.

Property History for 12 Millbank Dr, Mount Eliza, VIC 3930

A timeline of how this property has performed in the market
Last Sold
$1,100,000
07 Dec 2016
Listed for Rent
$1.10k/w
23 Jun 2023
  • 06 Jun 2023
    Listed for Rent $1,100 / week
  • 07 Dec 2016
    Sold for $1,100,000
  • 14 Nov 2016
    Listed for Sale $990,000 +
Sign in to see more transactions
Commute Calculator

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

Market Insights
Mount Eliza Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mount Eliza Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
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.