306 Canadian Bay Road, Mount Eliza, VIC 3930 | Property Value & History | OnTheHouse
OFF MARKET

306 Canadian Bay Road
Mount Eliza VIC 3930

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 2143m2
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Property Details for 306 Canadian Bay Rd, Mount Eliza

306 Canadian Bay Rd, Mount Eliza is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 2143m2. While the property is not currently for sale or for rent, it was last sold in August 1983.

Building Type
House
Land Size
2143m2
Local Government
Mornington Peninsula
Lot/Plan
1/LP90612

Last Listing description (August 2026)

Gracing a leafy corner block of more than half an acre *, this classic four-bedroom-plus-study Mount Eliza residence is rich in bespoke mid-century charm. Its high-end contemporary fit-out, multi-gen family friendly floorplan and spacious, light-filled living and entertaining spaces are captivating, as are its alfresco decking and inground solar-heated swimming pool.

Privately positioned down a long garden-lined drive featuring a turning circle centred with a sculptural eucalypt, the abundantly glazed north-facing circa-1960s faade is resplendent with vertical weatherboards and a double-brick chimney-wall topped with an iconic rotating cowl.
Inside, original Tasmanian oak floorboards flow through the expansive open-plan living and dining space, headed by a gourmet stone-topped kitchen with a broad island bench/breakfast bar and equipped with quality appliances including a Bosch oven and dishwasher and a Blanco gas cook top. Copious natural light floods in through banks of sliding doors, presenting lush garden and pool outlooks, with seasonal Bay glimpses, while a fabulously scaled original open fireplace adds a warming ambience, complemented by split system heating/cooling.

The adaptable four-bedroom, three-bathroom layout offers options for master suites, studies and living spaces. An elevated rear bedroom suite, with kitchenette, ensuite and undercover deck access could be ideal for home-based business pursuits, a studio or AirBnb, or just the set-up for multi-generational families.
The sparkling salt-chlorinated, solar-heated swimming pool has been newly fenced and is surrounded by glorious gardens incorporating meandering pathways, a mix of native trees and shrubbery, productive fruit trees, including lemon, cherry, mulberry and cumquat, and raised vegetable beds. There is even a bocce court, perfectly positioned for leisurely summer afternoons, and an original Hills Hoist rotary clothesline.

Additional features include rooftop solar panels, a new heat-pump hot water service, water tanks, multiple options for storage including two garden sheds and a greenhouse, under-house storage, a woodshed, a double carport plus plenty of off-street parking including spaces for caravans, boats and trailers.

This fabulous family-friendly location, on the edge of Mount Elizas prized Woodland precinct, is surrounded by tranquil natural bushland reserves including the Kackeraboite Creek trail, Moorooduc Quarry Flora and Fauna park and the Banool Bushland Reserve. Walk to the local shops and caf, transport, plus walk to local schools including St Thomas More Primary School (just across the road), Peninsula Grammar and Mount Eliza Primary School, and its just minutes to Mount Eliza village and the beaches.

* approximate land size

Property History for 306 Canadian Bay Rd, Mount Eliza, VIC 3930

A timeline of how this property has performed in the market
Last Sold
$65,000
25 Aug 1983
  • 27 Jul 2026
    Listed for Sale $1,650,000 - $1,750,000
  • 25 Aug 1983
    Sold for $65,000
  • 23 Mar 1978
    Sold for $56,700
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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 7,902 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 49 properties listed for sale, and 1 property listed for rent in Mount eliza on OnTheHouse. According to Cotality's data, 343 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.