SOLD
RECENT ADVICE
Sold on 12 Sep 2024 for $1,950,000

7 Otaria Street
Mount Eliza VIC 3930

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 1766m2
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Property Details for 7 Otaria St, Mount Eliza

7 Otaria St, Mount Eliza is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 1766m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Mount Eliza in the last 12 months.

Building Type
House
Land Size
1766m2
Local Government
Mornington Peninsula
Lot/Plan
375/LP11510

Last Listing description (September 2024)

Boasting award-winning architecture ahead of its time and glorious panoramas of Port Phillip Bay, this unique multi-level home brings a charming luxury to its expansive 1,766sqm (approx.) allotment. With curved walls and sensational natural light thanks to ample glazing, the home’s impressive craftsmanship and refined finishes provides a low maintenance, lock and leave lifestyle.

Built to envelope the in-ground solar heated swimming pool, the home’s unique layout brings families together across four separate living zones, including a formal lounge and dining room with open fireplace, a light-filled library, and a first-floor social domain inclusive of living, dining and separate sitting room. Adding to its entertaining flair, the well-equipped kitchen comprises Bosch underbench oven, gas cooktop, corner pantry and stone benchtops, . The adjoining balcony presents a perfect accompaniment to year-round hosting with a louvre roof along with extensive views of Port Phillip Bay and surrounds.

Keeping a restful ambience across its private accommodation wing, three generous bedrooms offer a tranquil zone for total rest and relaxation. Including the master suite with large walk-in robe and spa-ensuite, the accommodation comes complete with a central main bathroom with corner spa and separate toilet. With gas ducted heating, alarm system, guest powder room and a triple garage with additional off-street parking provides room for boats and trailers. The front tiered garden terraces and secure back yard are perfect for children and pets. This prized beachside address has coastal walks on your doorstep and the total convenience to Mount Eliza Village, Kunyung Primary School, Moondah Beach and local kindergartens/childcare centres. This property sits at the Mornington Peninsulas gateway to golf courses, wineries and eateries while still being within reach to Frankston and City train services.

Property History for 7 Otaria St, Mount Eliza, VIC 3930

A timeline of how this property has performed in the market
Last Sold
$1,950,000
12 Sep 2024
  • 12 Sep 2024
    Sold for $1,950,000
  • 29 Jul 2024
    Listed for Sale $2,000,000 - $2,200,000
  • 10 Aug 2013
    Sold for $1,200,000
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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.

Suburb Insights for Mount Eliza 3930

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Vicki Sayers
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Katrina O'Carroll
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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.