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VIC › Mount Eliza › Harleston Rd

1 & 1A Harleston Rd, Mount Eliza VIC 3930

For saleHouse

$3,000,000–$3,100,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

2

Car spaces

6,677 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $3,000,000–$3,100,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $3,000,000–$3,100,000(Listing record · 24 June 2024)
  • FactLand 6,677 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Mount Eliza (last 5 years) with land size: median $1,777/m² of land (n=39). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationIf it leased at Mount Eliza's advertised median rent ($780/wk), implied gross yield would be 1.35% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$3,000,000–$3,100,000

Asking range · $449/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Mount Eliza (last 5 years) with land size have a median of $1,777/m² of land (n=39). Districts calculation from recorded sales — not a valuation.

Mount Eliza at a glance

19,110

People

No data

Median sale

$780/wk

Median rent

No data

Suburb gross yield

See the full Mount Eliza report →

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$3,000,000
Stamp Duty (Victoria)
$175,000
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$3,182,314

$182,314 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Mount Eliza's advertised median rent — not a rent for this listing.

Net yield
-0.15%
Annual cashflow (pre-tax)
$-160,440
Interest cover (DSCR)
-0.03
Annual rent
$40,560
Operating expenses
$45,000
Loan amount
$2,400,000
Annual interest
$156,000
Gross yield
1.35%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$3,000,000–$3,100,000available24 June 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $780/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Nearby

Nearby properties

  • 30 Koetong Pde, Mount Eliza VIC 3930
  • 12 Earimil Dr, Mount Eliza VIC 3930
  • 9 Oliver Ct, Mount Eliza VIC 3930
  • 44 Colstan Ct, Mount Eliza VIC 3930

Area

Mount Eliza in one glance

Mount Eliza at a glance

19,110

People

No data

Median sale

$780/wk

Median rent

No data

Suburb gross yield

See the full Mount Eliza report →

Keep researching

  • Why Mount Eliza? Read the area thesis →
  • What else is on the market in Mount Eliza →
  • Other records on Harleston Rd →

Listing material

Listed by Buxton Mount Eliza

Exclusive opportunity in elite beachside locale

Important Note: Property is available for external inspection only - no internal access available.

Encircled by elite residences in an exclusive coastal enclave, this expansive 6,677sqm (approx) parcel of land off the ‘Golden Mile’ presents an unparalleled invitation to craft a bespoke beachside residence (STCA) in one of southern Melbourne’s most desirable seaside locales.

Currently site to a weathered abode ready to be gracefully retired and removed, the property offers a blank canvas awaiting the brushstrokes of imagination and ambition in a neighbourhood where privilege and prestige meet coastal serenity, allowing your grand vision can come to life.

Read the full description

Moments from Daveys Bay Yacht Club, Canadian Bay Beach, Toorak College and the vibrant village, Mount Eliza has long been sought by beachcombers and lifestyle connoisseurs for its enviable blend of natural beauty, community spirit and sophisticated living. The vast dual allotment, peppered with mature trees, provides generous dimensions for an architectural masterpiece that unites luxury with nature.

With abundant space for a large scale residence featuring multiple living areas, a state-of-the-art kitchen with a butler’s pantry and breathtaking views across the treetops of the tranquil surrounds, the possibilities are boundless. Imagine a sun drenched swimming pool that mirrors the azure sky, a tennis court where leisurely afternoons become cherished memories and gardens flourishing with meticulously chosen flora, blending seamlessly with the natural surroundings to create a private paradise.

Mount Eliza’s esteemed reputation is well deserved. Its proximity to pristine beaches offers endless days of sun, sea and sand. Elite educational institutions provide the finest foundations for young minds, while the charming village buzzes with boutique shopping, artisanal cafes and gourmet dining. Every element of a refined lifestyle is at your doorstep, promising convenience wrapped in luxury.

For those with the vision to see beyond the present and the ambition to create something truly spectacular, 1 Harleston Road is more than just real estate – it is an opportunity to sculpt a legacy within the storied landscape of Mount Eliza. Here, your masterpiece awaits, ready to take shape in an environment that epitomises affluence and coastal charm.

Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Listing description written by Meg Emond, Buxton Mount Eliza — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.