SOLD
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Sold on 14 Oct 2024 for $1,410,000

48 Rutland Avenue
Mount Eliza VIC 3930

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 211m2
Land area: 844m2
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Property Details for 48 Rutland Ave, Mount Eliza

48 Rutland Ave, Mount Eliza is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1978. The property has a land size of 844m2 and floor size of 211m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom House sold in Mount Eliza in the last 12 months.

Building Type
House
Year Built
1978
Floor Size
211m2
Land Size
844m2
Local Government
Mornington Peninsula
Lot/Plan
348/LP10717

Last Listing description (October 2024)

Nestled in the coveted Ranelagh Estate with tantalizing bay views from its second level, 48 Rutland Avenue offers an exceptional opportunity for families, investors, and owner-occupiers to secure a beachside gem in the heart of Mt Eliza.

Positioned on a substantial 844 square metre plot, this sizeable home exudes potential, whether you're looking to breathe new life into its charming structure or craft your dream abode from the ground up. (STCA).

This characterful property, mostly in its original state but with select modern enhancements, is superbly situated within a leisurely stroll of the vibrant Mt Eliza Village, as well as the serene Ranelagh Beach, known for its crystal-clear waters and iconic bathing boxes. Embrace the ease of a short walk to local cafes, restaurants, and the prestigious Ranelagh Club.

Flanked by opulent residences and in close proximity to some of the region's finest educational institutions, including Toorak College and Peninsula Grammar, the residence is an investment in lifestyle as well as real estate.

The home's interior is defined by its four well-appointed bedrooms, multiple living areas, and polished floorboards. Bask in the bay vistas and enchanting treetop sunsets from the comfort of the upper deck.

Partially updated with a renovated kitchen equipped with stainless steel appliances and a gas cooktop.

The expansive backyard invites endless possibilities, offering ample room for a pool (STCA) and a safe haven for children's play. Additional attributes include ducted gas heating, a spacious double garage, an en-suite master with a walk-in robe.

48 Rutland Avenue is a rare opportunity to indulge in a prestigious village and beachside existence on the Peninsula, promising a lifestyle of convenience.

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Property History for 48 Rutland Ave, Mount Eliza, VIC 3930

A timeline of how this property has performed in the market
Last Sold
$1,410,000
14 Oct 2024
Listed for Rent
$550/w
18 Sep 2019
  • 14 Oct 2024
    Sold for $1,410,000
  • 26 Aug 2024
    Listed for Sale $1,395,000 - $1,495,000
  • 26 Jul 2020
    Sold for $1,125,000
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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 7,849 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 52 properties listed for sale, and 9 properties listed for rent in Mount eliza on OnTheHouse. According to CoreLogic's data, 311 properties were sold in the past 12 months in Mount eliza.

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