1255 Nepean Highway, Mount Eliza, VIC 3930 | Property Value & History | OnTheHouse
FOR SALE

1255 Nepean Highway
Mount Eliza VIC 3930

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 803m2
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Property Details for 1255 Nepean Hwy, Mount Eliza

1255 Nepean Hwy, Mount Eliza is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 803m2.This Property is currently listed for sale with Eview Group - Eview Group

Building Type
House
Land Size
803m2
Local Government
Mornington Peninsula
Lot/Plan
2/LP82422

Last Listing description (July 2026)

Behind its secure brick fencing, this striking Spanish Mission-style residence captures all the warmth and retro appeal of the 1970s while offering exceptional scope for the future. With its rendered brick construction, character-filled timber doors, ornate cornices, and floating teak-look floors, the home exudes timeless charm and quality craftsmanship.

The central hostess kitchen sits at the heart of the home, perfectly connected to the meals area and a sun-soaked north-facing decked alfresco-ideal for entertaining family and friends year-round. The living spaces are generously sized and flow seamlessly, while the three well-proportioned bedrooms are thoughtfully zoned for privacy. The master suite enjoys a walk-in robe and ensuite bathroom, providing a peaceful retreat.

Set on a commanding 803m corner allotment with two huge street frontages of aprrox. 40 meters each and secure off-street parking for multiple vehicles, boats, or caravans, this property presents a wealth of opportunities. Move in and enjoy the spacious layout, renovate and modernise to your style, or redevelop and take full advantage of its exceptional position and zoning flexibility. With its high level exposure and favourable zoning this property could be suitable for medical, dental, vet rooms etc. STCA and or planning.

Perfectly placed to enjoy the best of Mt Eliza living, this address is close to elite schools including Peninsula Grammar, Padua College, Toorak college, Mt Eliza Secondary, Mt Eliza Primary and Kunyung Primary. Only a short distance to Mt Eliza Village for boutique shopping, cafs, and dining, and embrace the coastal lifestyle with pristine beaches only moments away. Easy access to Peninsula Link, arterial roads, and public transport make commuting effortless.

Mt Eliza stands proudly as the gateway to the Mornington Peninsula-and 1255 Nepean Highway is your opportunity to secure a rare, character-filled property in this highly sought-after locale.

A 70s classic, a solid investment, and a versatile future - inspect today and imagine the possibilities.

Property History for 1255 Nepean Hwy, Mount Eliza, VIC 3930

A timeline of how this property has performed in the market
  • 08 May 2026
    Listed for Sale Contact Agent - Offers Invited - Inspect by appointment only
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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 7,914 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 45 properties listed for sale, and 2 properties listed for rent in Mount eliza on OnTheHouse. According to Cotality's data, 339 properties were sold in the past 12 months in Mount eliza.

Suburb Insights for Mount Eliza 3930

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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.