Between Melbourne’s bustling hubs and the relaxed charm of the Mornington Peninsula, Mount Eliza is a bayside suburb that blends heritage, lifestyle, and prestige.
Whether you’re a growing family, a discerning investor, or a sea-change seeker, Mount Eliza offers a rare balance of community warmth, coastal elegance, and long-term potential.
Mount Eliza Historical Overview
Initially a destination for Melbourne’s affluent residents seeking holiday retreats, the area has transformed from a rural community into a thriving suburb while retaining its rich heritage.
Top-Tier Schools
Toorak College Mt. Eliza
Peninsula Grammar
Mount Eliza Secondary College
Mount Eliza Primary School
Kunyung Primary School
Mount Eliza North Primary School
St Thomas More Primary School Mt. Eliza
Commute with Ease
While Mount Eliza offers a relaxed, bayside lifestyle, it doesn’t sacrifice convenience!
- By Road: Peninsula Link, Nepean HIighway and Moorooduc Highways connect Mount Eliza to Frankston and the CBD within 50 minutes.
- By Public Transport: A reliable bus network links to Frankston Station, giving residents easy access to Melbourne’s CBD via train.
- Airport Access: Melbourne Airport is approximately an 80-minute drive, making national and international travel a breeze.
Real Estate Snapshot
The property market in Mount Eliza reflects its desirability:
- Median House Price: Approximately $1.6 million, with 273 houses sold in the past 12 months.
- High-end Beachfront, entry-level family homes, and everything in between. Mt Eliza has options from entry-level to the top of the town!
- Market Trends: The area’s median house prices have declined slightly annually by 6.0%, indicating a period of market correction.
- Rental Market: Houses rent for around $995 per week, yielding a 3.1% rental return, appealing to investors and tenants.
For more up-to-date information, you can read here – CoreLogic
If you’re looking for a home like the ones featured below, please contact our team. We have access to pre- and off-market properties and can add immense value to your home-buying journey.
Here are some properties we successfully purchased in this suburb;
17 Mather Road Mount Eliza, VIC 3930 – bought off-market!
26-28 Claremont Street, Mount Eliza, Vic 3930
17 Waterview Close, Mount Eliza, Vic 3930
121 Winona Road, Mount Eliza, Vic 3930
Mount Eliza has options for various budgets and life stages, from grand family estates to renovation-ready gems. The generous block sizes and mature landscaping continue to draw upsizers and lifestyle buyers.
Food Options in Mount Eliza
Whether you’re after a morning flat white or a long lunch with a view, Mount Eliza punches well above its weight in the culinary stakes.
Here are some food establishments you can try out!
Tullys
Bottega 188
Canadian Bay Hotel
Bau Bau
Ezra
Ad Hoc
1001 Nights
Mt. Terrasse Cafe Bar Mount Eliza
Cafe Mise en place
Read through this blog if you’d like to know why Melbourne is crowned the world’s foodie destination in 2025!
Mount Eliza’s Nature & Play
Mount Eliza is rich in open spaces and recreational options, perfect for active families and nature lovers.
- Mount Eliza Regional Park – Ideal for picnics, bushwalks, and birdwatching.
- Beaches – Ranelagh and Canadian Bay offer safe swimming, paddleboarding, and areas for the family to enjoy.
- Mount Eliza Farmers Market – Held monthly, it showcases local produce and artisanal goods, bringing the community together.
- Mount Eliza Football & Netball Club
Mount Eliza is a sought-after option for those seeking a slower bayside lifestyle within reach of the city. It offers space to grow, schools to inspire, and a welcoming community.
Industry Insider Property is independent and committed to helping buyers and sellers achieve their desired outcomes. Our experienced buyer agents and advisors will guide, execute, and deliver the best possible results to our clients. That’s why we have over 295+ 5-star Reviews on Google!
Our team will help you save time and share over 40 years of industry knowledge and expertise to ensure you make a wise, well-informed decision.
Contact us at +613 8374 7652 or admin@industryinsider.com.au to discover how we can assist you in your real estate journey.
Industry Insider Property
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+613 8374 7652
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