1529 Nepean HighwayMount Eliza VIC 3930
Property Details for 1529 Nepean Hwy, Mount Eliza
1529 Nepean Hwy, Mount Eliza is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 3152m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Mount Eliza in the last 12 months.
Last Listing description (June 2024)
Expressions of Interest Closing Tuesday 28th May at 2pm (Unless Sold Prior).
A unique opportunity awaits - with this expansive 3,145 sqm property (approx), one of the largest in proximity to the village, now available for the first time in over five decades. The same family has held this classic four-bedroom, 1960s-built home since its inception, a testament to its timeless appeal, and now offers the rare potential for those seeking the chance to create their dream property or lucrative development in a highly sought-after location (STCA).
The existing residence is a quintessential embodiment of the 60s charm, presenting a captivating blend of vintage allure and generous indoor-outdoor single-level proportions. The house features four spacious bedrooms, including a main with ensuite, distinct living and dining rooms, and a spacious, functional kitchen - all of which exude a retro appeal ripe for revival or renovation.
The prime position within walking distance of the bustling village shops and renowned schools such as Peninsula Grammar, Mount Eliza Secondary College and Mount Eliza Primary makes it an ideal choice for families looking for convenience, serenity and privacy. With the substantial land size, the possibilities are endless - from leasing out, value-adding or creating a luxurious family home or multiple dwellings (STCA); this is an opportunity to be noticed.
Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.
Property History for 1529 Nepean Hwy, Mount Eliza, VIC 3930
- 29 May 2024Sold for $1,200,000
- 06 Dec 2023Listed for Sale Expressions of Interest
- 11 Sep 2023Listed for Sale FOR SALE BY CLOSING DATE
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0About 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 7,846 properties. Over the last 5 years, Houses in Mount Eliza have seen a 31.91% increase in median value, while Units have seen a 23.04% increase. As at 31 October 2024:
- The median value for Houses in Mount Eliza is $1,593,482 while the median value for Units is $754,623.
- Houses have a median rent of $900 while Units have a median rent of $540.
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