The solid three-bedroom brick house at 7 Vue Road, Mount Eliza, sits at the end of a tranquil cul-de-sac, less than a five-minute drive from several swimming beaches and village shops. There are no neighbours opposite, and no through traffic drives past this idyllic private residence with leafy, north-facing established gardens.
Agent Kara James from Area Specialist Keysborough says the Mornington Peninsula home is suited to “the right buyer” looking for a smaller Mount Eliza home with a green outlook and a distinctive character.
She says the home represents great value but has yet to attract much interest because unusual properties in premium locations like Mount Eliza require patient, targeted marketing rather than broad appeal strategies.
“It’s a quirky property, so we’ve just got to wait for the right buyer,” James says. “There will definitely be one out there somewhere.”
The home, built in 1960, is listed for private sale between $900,000 and $990,000, which is far below the suburb median house price of $1.65 million, on Domain data.
It last changed hands in 1977, and the most recent sale of another three-bedroom house in the street was 32 years ago.
Mount Eliza features a mix of housing styles, including older mid-century homes and more modern architectural builds. Many properties sit on generous land parcels, and elevated areas offer views across Port Phillip Bay.
James says Mount Eliza buyers generally seek luxury homes on larger blocks, unlike Mornington, where retirees are more common.
Mount Eliza has gained national attention as the location for The Block 2026 , which features luxury local developments with reserves set at $3.45 million .
The light-filled Vue Road property has a generous kitchen, high ceilings, an open fireplace, ducted gas heating, and split-system air-conditioning.
James says the house is not being marketed as a weekender. Potential buyers would likely either live there permanently or knock it down to rebuild.
“There are really not many weekenders in Mount Eliza,” he adds.
The main selling points of the Vue Road property are its rare privacy and outlook, with its location on the beach side of the road being a huge advantage.
James indicates the market in the area has remained relatively stable over the past couple of years, with the key change being that sellers are now more willing to meet the market price rather than withdrawing their properties.
She is confident that a buyer will emerge now that the property is priced under $1 million.
“It has entry-level value with privacy, a great outlook, beautiful gardens, and it is a rarity in an area with few originals still around,” James says. “It’s good value.”
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