5/121-123 Mount Eliza Way, Mount Eliza, VIC 3930 | Property Value & History | OnTheHouse
OFF MARKET

5/121-123 Mount Eliza Way
Mount Eliza VIC 3930

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 165m2
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Property Details for 5/121-123 Mount Eliza Way, Mount Eliza

5/121-123 Mount Eliza Way, Mount Eliza is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1972. The property has a land size of 165m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Townhouse
Year Built
1972
Floor Size
82m2
Land Size
165m2
Local Government
Mornington Peninsula
Lot/Plan
5/RP4759

Last Listing description (September 2023)

This beautifully presented three bedroom unit is ideally located at the rear of a small block, literally next door to vibrant Mount Eliza Village just a few steps to cafes, shops and services. Currently tenanted, it offers the potential landlord a guaranteed return on investment from Day 1. It's also a potential great first home, or comfortable, convenient downsize with all facilities on the doorstep.

The unit has been fully renovated. The centre of the home is an open plan living and dining area, which is heated and cooled by a reverse cycle split system. The stylish neutral tones are continued through the near-new, fully renovated kitchen, which has storage and benchtop space that would be the envy of many family houses. Soft-close drawers are a bonus.


The three generously sized bedrooms all have built-in robes, and are serviced by the central bathroom/laundry, and separate toilet.

Floor tiles throughout the home are stylish and hard wearing. Outside is a small, low-maintenance L-shaped courtyard and single carport. Windows have curtains or blinds.

This is a great opportunity to secure a spacious, beautifully renovated property in excellent condition only a few steps from all the benefits of Mount Eliza's Village.

Features:
3 bedrooms, 1 bathroom, sep WC
Single undercover carport
Next door to shops, cafes, and facilities
R/C split system for heating and cooling
Generous kitchen with excellent storage
Ongoing tenancy, if desired

Property History for 5/121-123 Mount Eliza Way, Mount Eliza, VIC 3930

A timeline of how this property has performed in the market
Last Sold
$565,000
24 Aug 2023
Listed for Rent
$404/w
12 Oct 2020
  • 24 Aug 2023
    Sold for $565,000
  • 13 Jun 2023
    Listed for Sale $550,000 to $600,000
  • 12 Oct 2020
    Listed for Rent $405 / week
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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 7,911 properties. Over the last 5 years, Houses in Mount Eliza have seen a -7.50% decrease in median value, while Units have seen a 10.56% increase. As at 31 August 2026:

  • The median value for Houses in Mount Eliza is $1,647,943 while the median value for Units is $768,234.
  • Houses have a median rent of $1,000 while Units have a median rent of $615.
There are currently 48 properties listed for sale, and 2 properties listed for rent in Mount eliza on OnTheHouse. According to Cotality's data, 326 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.