Mount Eliza, VIC 3930
Compare Part of Mornington Peninsula
42.56 km
Distance from Melbourne CBD
17 k
Population
Median Sale Price
House
$1.79M
Updated on May 2022
2 BR $1.68M | 3 BR $1.57M | 4 BR $2M |
Unit
$756K
Updated on May 2022
1 BR - | 2 BR $650K | 3 BR $975K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $670,000 | 0.0% | $245,000 | $3,525,000 | 297 |
| 2010 | $739,000 | +9.3% | $67,000 | $3,450,000 | 375 |
| 2011 | $750,000 | +1.5% | $412,000 | $6,310,000 | 319 |
| 2012 | $726,000 | -3.3% | $283,000 | $2,725,000 | 311 |
| 2013 | $750,000 | +3.2% | $315,000 | $6,500,000 | 469 |
| 2014 | $780,000 | +3.8% | $345,000 | $7,250,000 | 402 |
| 2015 | $850,000 | +8.2% | $440,000 | $6,200,000 | 382 |
| 2016 | $950,000 | +10.5% | $95,000 | $6,200,000 | 367 |
| 2017 | $1,187,500 | +20.0% | $110,000 | $12,400,000 | 296 |
| 2018 | $1,225,000 | +3.1% | $130,000 | $6,750,000 | 266 |
| 2019 | $1,175,000 | -4.3% | $140,000 | $6,925,000 | 325 |
| 2020 | $1,302,500 | +9.8% | $140,000 | $6,500,000 | 297 |
| 2021 | $1,706,500 | +23.7% | $175,000 | $6,250,000 | 406 |
| 2022 | $1,750,000 | +2.5% | $175,000 | $5,000,000 | 147 |
Median Sale Price
$1.75M
Based on 344 recorded sales within the last 12 months
Updated on 27 Jun 2022
Suburb Growth
+10.9%
Current Median Price: $1,750,000
Previous Median Price: $1,560,000
Based on 724 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$850
Updated on May 2022
2 BR $520 | 3 BR $698 | 4 BR $890 |
Unit
$450
Updated on May 2022
1 BR $310 | 2 BR $430 | 3 BR $590 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $480 | 0.0% | $210 | $1,500 | 81 |
| 2012 | $550 | +12.7% | $270 | $2,500 | 145 |
| 2013 | $595 | +7.6% | $230 | $2,500 | 197 |
| 2014 | $570 | -4.4% | $215 | $3,000 | 198 |
| 2015 | $600 | +5.0% | $250 | $2,000 | 205 |
| 2016 | $590 | -1.7% | $220 | $5,540 | 168 |
| 2017 | $650 | +9.2% | $310 | $1,620 | 175 |
| 2018 | $670 | +3.0% | $270 | $3,000 | 155 |
| 2019 | $680 | +1.5% | $260 | $2,000 | 171 |
| 2020 | $750 | +9.3% | $380 | $2,510 | 145 |
| 2021 | $850 | +11.8% | $300 | $2,000 | 112 |
| 2022 | $850 | 0.0% | $380 | $2,600 | 50 |
Median Rent Price
$850
per week
Based on 107 recorded rent within the last 12 months
Updated on 27 Jun 2022
Rent Price Growth
+7.1%
Current Median Rent: $850
Previous Median Rent: $790
Based on 213 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.5%
Current Median Price: $1,750,000
Current Median rent: $850
Based on 451 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)
Auction Results For Mount Eliza
Houses sold in Last 12 months ends 25 Jun 2022
$1.75M
Median Sale Price
99%
Clearance Rate
200/204
Sold/Reported
$5M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 20 | |
| $2 M - $3 M | 47 | |
| $1.8 M - $2 M | 26 | |
| $1.6 M - $1.8 M (Median Price Range) | 35 | |
| $1.4 M - $1.6 M | 34 | |
| $1.2 M - $1.4 M | 20 | |
| $1 M - $1.2 M | 10 | |
| $800 K - $1 M | 4 | |
| less than $400 K | 1 | |
Similar Suburbs to Mount Eliza 3930
Based on median house sale price sold in last 12 months
Schools closest to Mount Eliza, VIC 3930
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Mount Eliza Secondary College | 204 CANADIAN BAY ROADMount Eliza 3930 | Secondary | Government | 0.82 km |
| Mount Eliza North Primary School | 6 MOSELEY DRIVEMount Eliza 3930 | Primary | Government | 0.99 km |
| Toorak CollegeTop 50 | OLD MORNINGTON RDMount Eliza 3930 | Combined | Independent | 1.22 km |
| Mount Eliza Primary School | WOORALLA DRIVEMount Eliza 3930 | Primary | Government | 1.33 km |
| The Peninsula SchoolTop 100 | 20 WOORALLA DRMount Eliza 3930 | Combined | Independent | 1.62 km |
| Kunyung Primary School | 50 KUNYUNG ROADMount Eliza 3930 | Primary | Government | 1.43 km |
| St Thomas More's Primary School | 313 CANADIAN BAY RDMount Eliza 3930 | Primary | Catholic | 1.82 km |