21 Elizabeth Road, Portsea, VIC 3944 | Property Value & History | OnTheHouse
OFF MARKET

21 Elizabeth Road
Portsea VIC 3944

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Floor area: 304m2
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Last updated 10 Aug 2026
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Property Details for 21 Elizabeth Rd, Portsea

21 Elizabeth Rd, Portsea is a 5 bedroom, 3 bathroom House with 4 parking spaces. The property has a floor size of 304m2.

Building Type
House
Floor Size
304m2
Local Government
Mornington Peninsula

Last Listing description (January 2018)

Breathtaking in stature, scale and opulent style, this impeccable five-bedroom contemporary mansion positioned on one immense title of 2,356m2, delivers an outstanding new standard of luxury to beachside living. Nestled between Sorrento and Portsea Golf Clubs and within a short stroll of Portsea's beaches and town centre, this magnificent offering is more than just a quintessential beach-home, but an investment into a relaxing lifestyle of recreation, convenience and absolute indulgence.
Upon an immaculately landscaped garden estate, the home pampers private enjoyment in a most extravagant manner. The private grounds provide vast areas for kids to run, hide and play, amid the spoils of a full-sized, floodlit tennis court and a sparkling salt-chlorinated swimming pool with wet bar. Internal dimensions of the home are lavishly-sized and smothered in sumptuous finishes of Blackwood timber and Caesar Stone, capturing abundant natural light and verdant garden views through towering window expanses.
The expansive floorplan boasts flexible, independently zoned living areas for privacy among family and friends, including a formal dining room, extensive living room aside an enchanting open fireplace, and a vast upstairs rumpus for kids; plus an immense open plan family room/meals area that integrates indoor living with alfresco entertaining over a sprawling poolside barbecue terrace. An extensive entertainer's kitchen complements the home's minimalist styling with sleek stone benches and high-gloss cabinetry, ensuring function matches form with a full-appointment of Miele appliances including induction cooking, and abundant storage space.

The five-bedroom accommodation comprises a decadent master suite with retreat, dressing room and twin-basin ensuite, plus three king-sized robed bedrooms sharing a central family bathroom upstairs. Downstairs, a guest bedroom provides independence with a guest bathroom. Cocooned in the comfort of ducted heating and cooling, the home is securely placed behind high fences with remote vehicle entry and video pedestrian entry, with two oversized remote double garages and plenty of additional off-street parking. This spectacular home delivers an exceptional family lifestyle with potential rental income of $12,500 per week during peak holiday periods.

Property History for 21 Elizabeth Rd, Portsea, VIC 3944

A timeline of how this property has performed in the market
  • 02 Jun 2017
    Listed for Sale Not Disclosed
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About Portsea 3944

The size of Portsea is approximately 11.2 square kilometres. There are 13 parks, covering nearly 62.6% of the total area. The population of Portsea in 2016 was 510 people. By 2021 the population was 787 showing a population growth of 54.3% in the area during that time. The predominant age group in Portsea is 70-79 years. Households in Portsea are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Portsea work in a managers occupation.In 2021, 90.90% of the homes in Portsea were owner-occupied compared with 92.40% in 2016.

Portsea has 1,731 properties. Over the last 5 years, Houses in Portsea have seen a -10.78% decrease in median value, while Units have seen a -22.69% decrease. As at 31 July 2026:

  • The median value for Houses in Portsea is $2,648,771 while the median value for Units is $995,519.
  • Houses have a median rent of $1,000.
There are currently 1 property listed for sale, and no properties listed for rent in Portsea on OnTheHouse. According to Cotality's data, 37 properties were sold in the past 12 months in Portsea.

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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.