Back 2 Bundara Crescent
Off Market

2 Bundara Crescent

Mount Eliza VIC 3930

3
1
1
763 m²
House
Last sold for $1,375,000
Bailey WhiteBailey White, last sold this property on 14 May 2026 after 40 days on market.

Overview

Live, Practice or Invest in Mt Eliza

Occupying a prime corner position on Wooralla Drive and Bundara Crescent, this weatherboard residence on approximately 763sqm (approx.) carries three permitted uses for medical and allied health services, residential use, and early learning, making it one of the most adaptable landholdings available in Mt Eliza. Steps from Peninsula Grammar, the property attracts an immediate and obvious tenant or owner-occupier profile, with the current dual-practitioner medical permit already generating returns for an incoming investor. The existing layout functions beautifully in its present configuration, with a serene reception foyer introducing hardwood floors and leafy green outlooks, three consulting rooms or bedrooms, two offices, a kitchenette, and a bathroom, each room fitted with split-system heating and cooling and two consultation rooms with sinks. A landscaped allotment, verandah entry, and off-street parking for eleven vehicles add further practicality to a building that already operates at a high standard. Mt Eliza Village is a short walk away, with Peninsula Grammar, Mt Eliza Primary, Tower Road cafes, and bus services all within easy reach, placing this property at the centre of one of the Mornington Peninsula's most tightly held lifestyle precincts. Whether the next chapter is a thriving practice, a family conversion, or a long-term landbank, the fundamentals here are exceptional.

Features

3 bedrooms
1 bathroom
1 carspace
763 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mount Eliza over the last 12 months, the estimated median property value of 2 Bundara Crescent is $1.31m.

Median value
$1.31m
Estimated value range
$650k - $2.15m
Median days on market
28
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mount Eliza. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2 Bundara Crescent

2026
Sold
$1,375,000
Private Sale/Treaty on 14 May 2026 by Bailey White, of Marshall White Mornington Peninsula

Happy sellers in Mount Eliza

71%
71% of sellers in Mount Eliza reported that their sale price either exceeded or met their price expectations.

Mount Eliza stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 43 reviews in Mount Eliza over the last 12 months.

Local market activity for 3 bedroom houses in Mount Eliza

In the last 12 months, 58 three-bedroom houses similar to 2 Bundara Crescent, have been sold.

This represents a 22% increase in three-bedroom houses sales when compared to the previous 12 months.

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