84 Two Bays RoadMount Eliza VIC 3930
Property Details for 84 Two Bays Rd, Mount Eliza
Last Listing description (March 2025)
Taking in spectacular scenery stretching across the Mornington Peninsulas hinterland to the waters of Westernport and beautiful Red Hill, this is a rare and incredible chance to build a life of luxury on Mt Elizas leafy eastern slopes.
This vacant 1 acre (4309m2 approx) parcel of land offers a building opportunity where absolutely all the hard work has been done including excavation, electricity and water connection and even plans and permits obtained for a substantial hillside home.
New owners may also have the opportunity to subdivide the large allotment (STCA) and sell off half to help fund their new build or land bank for the future, while the wide 35.8 metre front and elevation of 85 and 128 metres above sea level means the spectacular views can never be built out.
Just steps to Mt Eliza Regional Park with its myriad of lovely walking trails, the prestigious neighbourhood enjoys a stunning close encounter with nature and local birdlife, while Mt Elizas prestigious Peninsula Grammar, Toorak College and numerous other school as well as village shops, restaurants and beaches are just a short drive.
The approved plans to construct a two-storey home include 6 bedrooms, two living areas opening out to a viewing balcony and a rear deck looking out to rear bushland, a large kitchen with walk-in pantry, a master suite with spectacular views, guest room with ensuite, a study, theatre, lift and double garage.
Alternatively, purchasers could alter the plans or start fresh with their own dream house design.
Homes and Acreage is proud to be offering this property for sale To arrange an inspection or for further information, please contact Candice Blanch on 0447 188 469 or Ildiko Browning on 0487 904 828
Property History for 84 Two Bays Rd, Mount Eliza, VIC 3930
- 11 Mar 2025Sold for $570,000
- 11 Nov 2024Listed for Sale $565,000 - $600,000
- 06 Aug 2024Listed for Sale $595,000 - $650,000
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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 7,904 properties. Over the last 5 years, Houses in Mount Eliza have seen a 16.91% increase in median value, while Units have seen a 32.17% increase. As at 28 February 2026:
- The median value for Houses in Mount Eliza is $1,802,414 while the median value for Units is $790,027.
- Houses have a median rent of $1,000 while Units have a median rent of $520.
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