5 Two Bays Rd, Mount Eliza is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 2724m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 4 bedroom House sold in Mount Eliza in the last 12 months.
Set in the embrace of Mount Eliza’s leafy hilltop, this prized locale beckons those yearning for the idyllic fusion of 'bush meets bay' living, just steps from great coffee and everyday essentials. Unearthing a treasure trove of potential, where sprawling spaces lay the groundwork for families with bold dreams to weave their visions into reality (STCA), the multi-storey home sits with the promise of breathtaking views and private surroundings.
Beautifully embodying the nostalgia of the past, yet still in a frame-only state, the three bedroom 2-bathroom floorplan displays all-original windows and ceilings, with ideal 4th bedroom or study downstairs adjoining sun filled family room, presenting an opportunity to piece back together with modern materials, or indulge in a total overhaul with a contemporary vision. Complementing the home, the 2,724sqm (approx.) block features a circular driveway with off-street parking, an unused swimming pool with adjacent change room/toilet facility, abundant fruit trees, a rear shed/garage with carport, and rear frontage to Humphries Road.
Set within a short drive from Mount Eliza Village and Frankston’s major retail, a combination of private and public education options, parklands, and easy freeway access.
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:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© 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.
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.