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

59 The Ridge
Mount Eliza VIC 3930

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 269m2
Land area: 5583m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 2 Mar 2026
Low

High
Save

Property Details for 59 The Ridge, Mount Eliza

Building Type
Rural
Year Built
1979
Floor Size
269m2
Land Size
5583m2
Local Government
Mornington Peninsula
Lot/Plan
CP171426

Last Listing description (March 2013)

Like Money in the Bank
Enjoy the substantial facilities this property offers, knowing that it may be subdivided to suit your needs now or at some future time (STCA).
The architect designed home of some 28 sq occupies around 5,500 sq m of land that presents like a botanical garden, from manicured lawns and pristine flower beds to the beauty of the native vegetation surrounding the creek that boarders the Western boundary.

The environment is an entertainer s delight, with alfresco timber decks and established garden settings which overlook the large infinity edge swimming pool and the private, leafy aspects beyond. Floor to ceiling glass allows this ambience to continue seamlessly indoors, providing tranquil vistas from every room.
While the dwelling comprises 4 bedrooms, 3 bathrooms, delightful living areas and a spacious, atrium-style kitchen, the configuration of the zoned floor plan caters perfectly to specific needs. Connected to, but separated from the house is a self- contained bedroom and ensuite with separate entrance, perfect as a teenagers retreat. Two bedrooms share their own bathroom (with spa bath), while the main bedroom, enjoys an adjacent parents retreat (or study), an ensuite and walk in robes and occupies its own level, separated from the rest of the house.
The features of the home are many and include solid timber floors, soaring cedar-lined ceilings, open fire place, ducted heating, air-conditioning, concealed bar, wine cellar, generous storage, 36,000L water tank capacity supporting a comprehensive irrigation system, workshop, garden shed, double carport and concrete drive.
The property is a simple statement of quality and is the quintessential example of how Mount Eliza got its enviable reputation as one of Melbourne s premier outer suburbs. Only 600m from The Peninsula School, walking distance to nearby primary and secondary schools, and well located to the beach and the amenities of Mount Eliza Village.

Property History for 59 The Ridge, Mount Eliza, VIC 3930

A timeline of how this property has performed in the market
Last Sold
$1,072,500
12 Mar 2013
  • 12 Mar 2013
    Sold for $1,072,500
  • 20 Nov 2012
    Listed for Sale OFFERS OVER $1.12M
  • 25 Feb 2012
    Listed for Sale $1,300,000 PLUS
Sign in to see more transactions
Commute Calculator

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 48 properties listed for sale, and 2 properties listed for rent in Mount eliza on OnTheHouse. According to Cotality's data, 350 properties were sold in the past 12 months in Mount eliza.

Suburb Insights for Mount Eliza 3930

Market Insights
Mount Eliza Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mount Eliza Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.