Opportunities in picturesque Mountain Bay are few and far between, and this beautiful 4,482 m (approx 1.1 acre) allotment is a rare chance to join one of the districts most tightly held lakeside enclaves.
Set back from the road with sealed access and underground power already on site, the block offers the ideal blend of privacy, convenience and potential. The generous allotment provides an inviting setting for your future home (STCA), surrounded by lightly treed boundaries that enhance privacy and capture a peaceful outlook towards the tranquil shores of Lake Eildon.
Surrounded by established, quality homes protected by thoughtful covenants, this is a location that rewards those seeking peace, space and long-term value. Just five minutes from Goughs Bay, where you can stop by the general store or enjoy a beautiful meal overlooking the water at the recently renovated Goughs Bay Boat Club, and only fifteen minutes from Mansfield with all its shops, cafs and conveniences.
The size of Mountain Bay is approximately 9.6 square kilometres. There is 1 park, covering nearly 2.4% of the total area. The population of Mountain Bay in 2016 was 43 people. By 2021 the population was 54 showing a population growth of 25.6% in the area during that time. The predominant age group in Mountain Bay is 60-69 years. Households in Mountain Bay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mountain Bay work in a clerical occupation.In 2021, 86.20% of the homes in Mountain Bay were owner-occupied compared with 135.70% in 2016.
Mountain Bay has 78 properties. Over the last 5 years, Houses in Mountain Bay have seen a 15.89% increase in median value, while Units have seen a 23.90% increase. As at 31 July 2026:
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