Back 4/3 Leicester Ave
Off Market

4/3 Leicester Ave

Mount Eliza VIC 3930

3
1
1
0 m²
149 m²
Unit
Last sold for $640,000
Kyle ReidKyle Reid, last sold this property on 10 August 2026 after 52 days on market.

Overview

Effortless Village Living

Perfectly positioned in one of Mount Eliza's most sought-after pockets, this beautiful three-bedroom unit offers the ideal blend of low-maintenance living and exceptional convenience, just a short stroll from the vibrant Mount Eliza Village. Freshly painted throughout and featuring rejuvenated hardwood floors, the home presents beautifully and is ready to enjoy. The practical floorplan includes three bedrooms, a central bathroom, light-filled living spaces, and the comfort of easy single-level living. Whether you're looking to downsize or seeking a smart investment in a tightly held market, this property delivers on both fronts. Enjoy the freedom of leaving the car at home and walking to boutique shops, cafés, restaurants, supermarkets, medical services, and all the amenities that make Mount Eliza Village such a desirable destination. Investors will also appreciate the strong rental appeal, with an estimated rental return of approximately $600-$640 per week, driven by the property's prime location and move-in-ready presentation. Features include: • Three bedrooms • Central bathroom • Freshly painted throughout • Beautifully rejuvenated hardwood floors • Low-maintenance living • Walking distance to Mount Eliza Village • Ideal for downsizers, investors, or first-home buyers • Estimated rental return of approximately $600-$640 per week An outstanding opportunity to secure a quality home in a premium village-side location. Disclaimer: In preparing this information, Coastal Agents has relied in good faith upon information provided by third parties and has made best endeavours to ensure that the information is accurate. However, the accuracy of the information provided to you (whether written or verbal) cannot be totally guaranteed. If you are considering the purchase of this property, please make all necessary enquiries to satisfy yourself that all information is accurate.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
0 m² floor area
149 m² lot size
Unit

Estimated Value

Based on this property and similar 3 bedroom units sold in Mount Eliza over the last 12 months, the estimated median property value of 4/3 Leicester Ave is $910k.

Median value
$910k
Estimated value range
$640k - $1.3m
Median days on market
53
Estimated value trend
-3%
decrease 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 4/3 Leicester Ave

2026
Sold
$640,000
10 Aug 2026 by Kyle Reid, of Coastal Agents
2023
Rented
Undisclosed
Leased on 29 May 2023 by OBrien Real Estate Mornington
2022
Rented
Undisclosed
Leased on 05 Oct 2022 by OBrien Real Estate Mornington

Happy sellers in Mount Eliza

70%
70% 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 40 reviews in Mount Eliza over the last 12 months.

Local market activity for 3 bedroom units in Mount Eliza

In the last 12 months, 4 three-bedroom units similar to 4/3 Leicester Ave, have been sold.

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