5 Bay Avenue, Mount Eliza, VIC 3930 | Property Value & History | OnTheHouse
OFF MARKET

5 Bay Avenue
Mount Eliza VIC 3930

Bedrooms: 6
Bathrooms: 5
Car spaces: -
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Property Details for 5 Bay Ave, Mount Eliza

5 Bay Ave, Mount Eliza is a 6 bedroom, 5 bathroom House and was built in 1980. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
House
Year Built
1980
Local Government
Mornington Peninsula
Lot/Plan
2/LP131142

Last Listing description (October 2024)

Breathtaking Views: Golden Mile Grandeur

Designed to showcase breathtaking Peninsula, Bay and City Skyline vistas, this palatially proportioned and lavishly appointed Mediterranean-inspired coastal villa epitomises five-star boutique resort-style living and entertaining on Mount Eliza's coveted 'Golden Mile'.
Securely and privately set behind automated gates within gloriously landscaped grounds covering more than half an acre (2,600 square metres*) the sublime alfresco offerings include a fully automated infinity edge pool that can be accessed directly from the opulent master bedroom with marble spa ensuite.
A turreted entry and double-height gallery with arched highlight windows introduce the classic architectural grandeur complemented by oak flooring and strategically positioned large format windows that optimise the water views. An extravagant and adaptable floorplan inspires an incredible scope for customised multi-generational family liveability with up to six bedrooms and five bathrooms offering multiple options for grand-scale living, working, and entertaining.

Commanding panoramic water views, the upper-level spaces include an undercover alfresco terrace, living and dining areas, a gourmet stone kitchen with all Miele appliances including an induction cooktop and double ovens, and a guest bedroom suite with wood fireplace (or additional living/entertaining or home office space). With connectivity to the poolside terrace, an expansive lower-level entertaining room, gym, or additional bedroom suite has a built-in wet bar, gas logfire heater, and bathroom, while there are another three fitted bedrooms, all with lovely garden outlooks, an executive study, plus a large rumpus room, that could also serve as a bedroom.
Additional stand-outs include a courtyard water feature, a wine cellar and a basement storage room. Also features recently installed central heating and cooling, and a heat pump for the fully automated pool, a double remote-operated garage/workshop, off-street parking, a veggie garden and an expansive lawn area. This exclusive elevated Mount Eliza coastal cul-de-sac is just steps to Canadian Bay Beach and Toorak College, and a short walk into Mount Eliza village.
*Approximate land size

Property History for 5 Bay Ave, Mount Eliza, VIC 3930

A timeline of how this property has performed in the market
Last Sold
$4,200,000
02 Oct 2024
  • 02 Oct 2024
    Sold - Price Undisclosed
  • 13 Sep 2024
    Listed for Sale $3,950,000 - $4,300,000
  • 05 Oct 2019
    Sold for $3,300,000
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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 7,899 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, 351 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.