38 Two Bays Road, Mount Eliza, VIC 3930 | Property Value & History | OnTheHouse
 
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38 Two Bays Road
Mount Eliza VIC 3930

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 157m2
Land area: 3755m2
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Property Details for 38 Two Bays Rd, Mount Eliza

38 Two Bays Rd, Mount Eliza is a 4 bedroom, 2 bathroom House and was built in 1980. The property has a land size of 3755m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
House
Year Built
1980
Floor Size
157m2
Land Size
3755m2
Local Government
Mornington Peninsula
Lot/Plan
5/LP66698

Last Listing description (April 2017)

AUCTION THIS SATURDAY 25th MARCH @1:00pm
Endless potential, scope to improve and an unbeatable high-set location neighbouring quality million-dollar plus homes. Be swept away by the colourful countryside views from this elevated 3737sqm (approx.) property on the stunning Mount Eliza hillside of prestigious Two Bays Road.
So many options present themselves here. You can live-in as-is, rent-out, renovate or extend the current character-filled, four-bedroom residence to suit your own lifestyle.

The sizeable split-level layout offers a well-equipped kitchen-to-meals area, spacious lounge room (with glowing open-fire), dining room, two separate bathrooms, large laundry and under-house storage which could easily be transformed into a wine cellar or rumpus room.
Set on a substantial, mostly cleared, bushland allotment, the u-shaped house design surrounds a fully-paved courtyard for alfresco entertaining, in addition to a new driveway and abundant off-street parking.
Watch the ever-changing sunrises in the morning, observe the glorious Moorooduc Plains and Westernport Bay into the distance and adore the peaceful tranquillity this elevated position delivers.
Conveniently situated close to Peninsula link freeway providing easy access to Melbourne's CBD and nearby to Eliza Park shops (great bakery!), bus transport and the rest of the wonderful Mornington Peninsula.

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Property History for 38 Two Bays Rd, Mount Eliza, VIC 3930

A timeline of how this property has performed in the market
Last Sold
$725,000
25 Mar 2017
Listed for Rent
23 Dec 2015
  • 25 Mar 2017
    Sold for $725,000
  • 02 Mar 2017
    Listed for Sale 650,000+
  • 08 Dec 2015
    Listed for Rent - Price not available
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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 7,896 properties. Over the last 5 years, Houses in Mount Eliza have seen a 20.65% increase in median value, while Units have seen a 21.92% increase. As at 31 December 2025:

  • The median value for Houses in Mount Eliza is $1,726,470 while the median value for Units is $799,330.
  • Houses have a median rent of $1,050 while Units have a median rent of $545.
There are currently 30 properties listed for sale, and 2 properties listed for rent in Mount eliza on OnTheHouse. According to Cotality's data, 369 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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