SOLD
Sold on 11 Dec 2023 for $860,000

38 Grice Avenue
Mount Eliza VIC 3930

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 188m2
Land area: 863m2
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Buxton Mount Eliza
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Property Details for 38 Grice Ave, Mount Eliza

38 Grice Ave, Mount Eliza is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 863m2 and floor size of 188m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Mount Eliza in the last 12 months.

Building Type
House
Floor Size
188m2
Land Size
863m2
Local Government
Mornington Peninsula
Lot/Plan
8/LP53001

Last Listing description (December 2023)

Positioned within a quiet enclave walking distance from Peninsula Grammar, this long-held circa 1970s home on a spacious 863m2 (approx) allotment showcases a tantalising opportunity to break into the highly sought Mt Eliza market.

Single-level and brick veneer with solid bones for modernisation, the three-bedroom, two-bathroom residence will appeal to renovators, while the flat block will also suit redevelopment into a brand-new abode (STCA).

Beyond a tranquil porch and entry hall, the floorplan spills into two living zones. The spacious formal lounge through an arched walkway enjoys a radiant disposition via north-facing windows, while the family room provides a more casual space for daily meals and homework.

Ripe for a partial or complete revamp, the central kitchen has been upgraded in recent years with a dual stainless-steel Westinghouse oven and a sleek glass ceramic cooktop, yet could truly impress with some new benchtops and cabinetry.

Offering everything families need throughout every age and stage, a master ensuite and full family bathroom with separate toilet have household comforts covered.

A short walk to Peninsula Grammar (with a handy shortcut via Boxmoor Reserve), 1 kilometre to Mount Eliza Primary School and footsteps to Little Grasshoppers Early Learning Centre, the property is 3 minutes' drive to the village and 5 minutes to Kunyung Beach.

Presenting remarkable affordability for this prized location, which will appeal to renovators, couples, families and seachangers seeking an exciting project full of promise, the property includes ducted heating, a split-system and a carport.

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.

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Property History for 38 Grice Ave, Mount Eliza, VIC 3930

A timeline of how this property has performed in the market
Last Sold
$860,000
11 Dec 2023
  • 11 Dec 2023
    Sold for $860,000
  • 10 Nov 2023
    Listed for Sale Not Disclosed
  • 24 Aug 1976
    Sold for $40,000
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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 7,848 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.
There are currently 50 properties listed for sale, and 9 properties listed for rent in Mount eliza on OnTheHouse. According to CoreLogic's data, 307 properties were sold in the past 12 months in Mount eliza.

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