176 Moorooduc HighwayMount Eliza VIC 3930
Property Details for 176 Moorooduc Hwy, Mount Eliza
176 Moorooduc Hwy, Mount Eliza is a 5 bedroom, 2 bathroom House with 4 parking spaces and was built in 1975. The property has a land size of 2440m2 and floor size of 217m2. While the property is not currently for sale or for rent, it was last sold in April 2017.
Last Listing description (April 2017)
The Land of Opportunity
This cleared and near flat 4,109M2 allotment is positioned at the rear of a battle-axe allotment and enjoys views over the Moorooduc Plains.
With potential for development (split in to two titles S.T.C.A) this allotment presents an alluring opportunity to:
The property is bordered by established trees providing a real sense of privacy and tranquility. Additionally be confident in the fact that land near to Frankston City is sure to deliver excellent capital growth; with a well planned design and build you may opt to retain the option to sub-divide in future (S.T.C.A)
B) Divide the land in to two sites (S.T.C.A) and retain, live-in and or sell at your leisure.
This may be a viable and profitable option (S.T.C.A) due to the fact that:
- There is ample space to satisfy the minimum land requirement for sub-division
( both blocks will require an independent drive way for this to be viable)
- Utilities are available and are located at front of the property
- The potential build envelope is likely to remain extremely accommodating for (a) new build/s
Mount Eliza and the surrounding areas are developing rapidly. Urban sprawl is guaranteed to continue in these growth areas and this is your opportunity to secure a fantastic land component near to the City. With an abundance of options this property is poised to generate a lucrative return on investment.
Whether you're buying, dreaming, envisioning and or planning we invite you to inspect this wonderful allotment whilst the opportunity remains.
Property History for 176 Moorooduc Hwy, Mount Eliza, VIC 3930
- 11 Apr 2017Sold for $780,000
- 09 Jan 2017Listed for Sale $740,000+
- 22 Jan 2016Sold for $720,000
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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 7,846 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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