Unbelievable opportunity to secure 10 beautiful acres, with views, 5 bedroom home in one of the most tightly held locations on the Mornington Peninsula. Situated perfectly at the base of Red Hill, Main Ridge, Shoreham and Flinders.
Point Leo is the most popular of the Western port beaches, even on the busiest summer day there is space and activity for all on this sweep of sand from the shallows protected by the reef which extends out from the point to rolling surf in the curve of the bay. With views across the bay to Philip Island and the Nobbies and along the coast to Flinders this is a beautiful landscape protected from the cold South westerly winds.
The land is perfect for a weekend retreat or perfect for horses, cattle, or plant and olive grove or vineyard with the spring-fed dam that promises an excellent supply of fresh water, while the corner allotment affords priceless exposure for passers-by to purchase directly from the future cellar door or accommodation.
The size of Point Leo is approximately 3.2 square kilometres. It has 3 parks covering nearly 10.7% of total area. The population of Point Leo in 2016 was 158 people. By 2021 the population was 178 showing a population growth of 12.7% in the area during that time. The predominant age group in Point Leo is 60-69 years. Households in Point Leo are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Point Leo work in a managers occupation.In 2021, 78.00% of the homes in Point Leo were owner-occupied compared with 89.80% in 2016.
Point Leo has 138 properties. Over the last 5 years, Houses in Point Leo have seen a 8.98% increase in median value, while Units have seen a -43.90% decrease. As at 30 November 2025:
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