27 Allen Drive, Mount Eliza, VIC 3930 | Property Value & History | OnTheHouse
 
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27 Allen Drive
Mount Eliza VIC 3930

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Floor area: 329m2
Land area: 1329m2
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Last updated 2 Feb 2026
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Property Details for 27 Allen Dr, Mount Eliza

27 Allen Dr, Mount Eliza is a 4 bedroom, 3 bathroom House with 3 parking spaces and was built in 1985. The property has a land size of 1329m2 and floor size of 329m2. While the property is not currently for sale or for rent, it was last sold in January 2025.

Building Type
House
Year Built
1985
Floor Size
329m2
Land Size
1329m2
Local Government
Mornington Peninsula
Lot/Plan
10/LP79017

Last Listing description (May 2025)

When it comes to real estate investment, the golden rule is: location. Allen Drive epitomises this principle, standing out as one of Mount Eliza's most sought-after streets. Perfectly situated in the heart of the suburb, it's just a two-minute walk to the vibrant Mount Eliza Villagea lifestyle convenience that's hard to match.

As you enter Allen Drive, the appeal is evident. Over the years, this street has become synonymous with high buyer demand and stunning, architecturally designed homes. For instance, 12 Allen Drive (a 1,389m block) sold for $2,370,000 in 2019, only to be redeveloped into a modern masterpiece.

Now, 27 Allen Drive offers a rare opportunity. Set on a 1,329m prime block, this remarkable double-storey home is far too impressive to consider demolishing. Its street presence is undeniable, with an expansive frontage - a unique feature in this exclusive area.

FEATURES THAT IMPRESS

From the moment you step inside this magnificent double storey abode, you will appreciate the masterfully achieved layout and generous proportions.

This unique interactive property maximises diverse functionality, embracing a multitude of versatile living and entertaining zones. Tailoring scale, the well-configured floor plan showcases easy flow of indoor and outdoor entertaining. An expansive open plan kitchen, dining and dual lounge precinct flows through to an expansive decking overlooking a private yard and in-ground solar heated swimming pool.

Perfectly accommodating a variety of family needs, this inviting residence features a home theatre/rumpus room on the ground floor and a generously sized living area on the first floor, complete with an adjoining bar and kitchenette. Space is never in short supply here.

For buyers seeking an immediate move-in option, this home is ready to enjoy as-is. However, for those eager to modernize to your own individual taste and add value, the potential is immense.

With brand-new single-level homes in less desirable locations selling for $3.2$3.5 million, this property presents an opportunity to reap significant returns.

With interest rates expected to decrease in 2025, now is the perfect time to secure your investment and plan for future modifications or enhancements.

OTHER PROPERTY FEATURES

The property's layout caters perfectly to family living. The pool is an instant highlight, creating a fun and inviting space for children and their friends during summer. Additional features include:

Ducted heating and refrigerated cooling
Stone benchtops throughout
A 12,000L water tank, fruit trees, and secure fencing
A circular driveway with space for boats or additional vehicles
A large-covered verandah and beautifully landscaped gardens

A RARE OPPORTUNITY

Allen Drive properties are tightly held, and opportunities like this are rare. Don't miss your chance to secure a home that combines lifestyle, convenience, and growth potential.

We look forward to seeing you at the open for inspection. If you're unable to attend but are ready to buy, please contact me at 0433 480 870 to arrange a private viewing.

Make Allen Drive your next address.

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Property History for 27 Allen Dr, Mount Eliza, VIC 3930

A timeline of how this property has performed in the market
Last Sold
$2,100,000
23 Jan 2025
  • 23 Jan 2025
    Sold for $2,100,000
  • 25 Nov 2024
    Listed for Sale $2,050,000 - $2,250,000
  • 19 Mar 2020
    Listed for Sale $1,800,000 - $1,900,000
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About Mount Eliza 3930

The size of Mount Eliza is approximately 23.4 square kilometres. It has 46 parks covering nearly 8.9% of 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 10.88% increase in median value, while Units have seen a 24.11% increase. As at 31 January 2026:

  • The median value for Houses in Mount Eliza is $1,674,820 while the median value for Units is $791,444.
  • Houses have a median rent of $1,050 while Units have a median rent of $520.
There are currently 35 properties listed for sale, and 3 properties listed for rent in Mount eliza on OnTheHouse. According to Cotality's data, 368 properties were sold in the past 12 months in Mount eliza.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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