OFF MARKET

1/1 Leicester Avenue
Mount Eliza VIC 3930

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 114m2
Land area: 436m2
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Property Details for 1/1 Leicester Ave, Mount Eliza

1/1 Leicester Ave, Mount Eliza is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 436m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1983
Floor Size
114m2
Land Size
436m2
Local Government
Mornington Peninsula
Lot/Plan
1/RP19426

Last Listing description (February 2023)

Lap up the cafe latte lifestyle and village spoils from this superbly situated 2 bedroom unit that delights with surprising space and exciting opportunity to renovate into a gorgeous coastal hideaway only footsteps to the cafes, boutiques, restaurants and bakeries of beloved Mount Eliza.

On the market for the first time since the 1980s, the single-level residence is ready for a contemporary refresh in sync with the surrounding abodes in this prized locale.

Beyond a timeless slate entry, the residence reveals an expansive open-plan living and dining area with a gas wall furnace and tall bay windows drawing in the light, while the well-sized original kitchen with gas cooktop, stainless-steel wall oven and dishwasher is perfectly functional as it awaits a modern makeover.

The 2 good sized bedrooms share a retro bathroom with shower, tub and separate toilet in this lovely layout, which spills out to a delightfully generous north-facing garden with ample room for alfresco dining and lounging.

So close to supermarkets, medical practices, public transport, yoga, tennis, primary schools, secondary schools, kindergartens and playgrounds you can leave the car in the garage and stroll to everything, the residence will suit singles, couples and young families. Land size 436sqm (approx).

Terms: 10% deposit, balance 60 days.

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Property History for 1/1 Leicester Ave, Mount Eliza, VIC 3930

A timeline of how this property has performed in the market
Last Sold
$752,500
19 Nov 2022
  • 19 Nov 2022
    Sold for $752,500
  • 24 Oct 2022
    Listed for Sale $690,000 - $720,000
  • 01 Apr 1987
    Sold for $112,000

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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 2011 was 17,247 people. By 2016 the population was 17,885 showing a population growth of 3.7% in the area during that time. The predominant age group in Mount Eliza is 40-49 years. Households in Mount Eliza are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Eliza work in a professional occupation. In 2011, 88.4% of the homes in Mount Eliza were owner-occupied compared with 88% in 2016.

Mount Eliza has 7,840 properties. Over the last 5 years, Houses in Mount Eliza have seen a 30.98% increase in median value, while Units have seen a 30.44% increase. As at 30 September 2024:

  • The median value for Houses in Mount Eliza is $1,547,082 while the median value for Units is $774,016.
  • Houses have a median rent of $900 while Units have a median rent of $540.
There are currently 47 properties listed for sale, and 3 properties listed for rent in Mount eliza on OnTheHouse. According to CoreLogic's data, 306 properties were sold in the past 12 months in Mount eliza.

Suburb Insights for Mount Eliza 3930

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.