40 The Ridge, Mount Eliza, VIC 3930 | Property Value & History | OnTheHouse
OFF MARKET

40 The Ridge
Mount Eliza VIC 3930

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 260m2
Land area: 1860m2
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Property Details for 40 The Ridge, Mount Eliza

40 The Ridge, Mount Eliza is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 1990. The property has a land size of 1860m2 and floor size of 260m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
1990
Floor Size
260m2
Land Size
1860m2
Local Government
Mornington Peninsula
Lot/Plan
2/LP97817

Last Listing description (August 2023)

Situated on one of Mount Eliza?s iconic roads, this quintessential family home offers multiple living and outdoor entertaining spaces for your coastal life. A short walk to Peninsula Grammar as well as Mount Eliza and St Thomas More Primary Schools, this house on 1854 sqm (approx.) has been updated with a mindful attention to the details. Offering five bedrooms (two with en-suites) and multiple indoor and outdoor living options, it?s anchored by a central kitchen overlooking a sparkling in-ground pool. Enjoy a generous master bedroom zone overlooking one of the covered outdoor entertaining areas with native gardens framing calming views of the pool and birdsong a soundtrack played throughout the day. There is a children?s playground beyond the pool and a garden shed. Step inside and open bi-fold doors to reveal soaring vaulted ceilings on the sprawling undercover alfresco overlooking the lovely ?country lane?. Quality materials have been incorporated deftly throughout the home including double glazed European tilt/turn windows, bi-fold and sliding doors with integrated fly screens, and travertine pavers surrounding the pool area. All bedrooms include built in robes and the upstairs offers a ?gaming zone? for the kids. Marble open fire-place, plentiful storage, undercover parking and more.

Property History for 40 The Ridge, Mount Eliza, VIC 3930

A timeline of how this property has performed in the market
Last Sold
$1,480,000
07 Oct 2020
  • 13 Jul 2023
    Listed for Sale Not Disclosed
  • 07 Oct 2020
    Sold for $1,480,000
  • 17 Sep 2020
    Listed for Sale $1,500,000 - $1,600,000
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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 7,892 properties. Over the last 5 years, Houses in Mount Eliza have seen a 8.73% increase in median value, while Units have seen a 20.64% increase. As at 30 April 2026:

  • The median value for Houses in Mount Eliza is $1,747,504 while the median value for Units is $768,510.
  • Houses have a median rent of $1,050 while Units have a median rent of $535.
There are currently 49 properties listed for sale, and 1 property listed for rent in Mount eliza on OnTheHouse. According to Cotality's data, 352 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.