SOLD
Sold on 24 Nov 2023 for $1,450,000

8/7 Spero Avenue
Mount Eliza VIC 3930

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 159m2
Land area: 340m2
Sold By
Bailey White
Marshall White Mornington Peninsula
Mitchell Lawrence
Marshall White Mornington Peninsula
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Property Details for 8/7 Spero Ave, Mount Eliza

8/7 Spero Ave, Mount Eliza is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1995. The property has a land size of 340m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom Unit sold in Mount Eliza in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
159m2
Land Size
340m2
Local Government
Mornington Peninsula
Lot/Plan
8/PS449704

Last Listing description (December 2023)

Mastering an enviable synergy between luxury, lifestyle and location just footsteps to the cafes, boutiques and bistros of bustling Mount Eliza village, this exquisitely reimagined single-level villa delivers an oasis of contemporary comfort and laidback coastal living in the coveted 'St James Mews' complex.

Newly completed to premium standards with a suite of sumptuous finishes, the 3 bedroom residence boasts dual free-flowing living zones between 2.8m high ceilings and engineered textured oak flooring.

Anchoring the airy open expanse, the freshly installed kitchen wows with waterfall-edge quantum quartz benchtops, an Asko dishwasher, 900mm Westinghouse oven, gas cooktop, sleek slide-out dual pantries, farmhouse French double sinks, soft-close drawers and a striking gas-strut pivoting servery window opening to the alfresco bar.

Facilitating a seamless fusion between indoor and outdoor living, vast banks of sliding glass off the dining zone glide open to an expansive polished-concrete terrace with vergola and sun-splashed spaces to relax and entertain in the open air cocooned behind tall floral hedges providing peace and privacy.

Each bedroom indulges with thick wool carpeting with premium underlay, built-in wardrobes and plantation shutters and shares 2 brand-new bathrooms, including a luxe master ensuite with brushed-brass rain shower and wall-hung vanity with stone benchtop and a full second bathroom with cast-iron French bath, fleur-de-lis tiling with underfloor heating and a handy separate WC.

Ready for the grand reveal of a top-to-tail makeover, this enviable abode has new electrics with a new main board, updated LED lights, all-new double glazing throughout and zoned refrigerated heating/cooling.

Walking distance to Mount Eliza Primary School, Mount Eliza Secondary College, Peninsula Grammar, public transport, supermarkets, restaurants and all essential services with a stunning selection of beaches and crystal coves beyond, the property includes a 5.9 x 6.3m double remote garage with 2pac floors and internal access to the new laundry-come-butler's pantry with quantum quartz benchtops and bar fridge.

An exceptional package suited to singles, couples, families and downsizers equally, the property is a short drive to the major shopping of Frankston's CBD and Mornington's cosmopolitan Main Street and just 45 minutes' drive to Melbourne.

Property History for 8/7 Spero Ave, Mount Eliza, VIC 3930

A timeline of how this property has performed in the market
Last Sold
$1,450,000
24 Nov 2023
  • 24 Nov 2023
    Sold for $1,450,000
  • 05 Oct 2023
    Listed for Sale $1,375,000 - $1,500,000
  • 11 Dec 2021
    Sold for $1,090,000
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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.

Suburb Insights for Mount Eliza 3930

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Disclaimer
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.