Bayside · VIC 3930
Mount Eliza
Big blocks, bay beaches, Toorak College and the Ranelagh estate — the Peninsula's closest prestige suburb to town.
- Median house
- $1.73M
- Median unit
- $900k
- Median rent
- $850pw
- To the CBD
- 48 km
Medians: Reported median, Aug 2026. A guide, not a valuation.
Living in Mount Eliza
Mount Eliza is the Peninsula's northern gateway and its most expensive family suburb. The Ranelagh estate — laid out in the 1920s by Walter Burley Griffin — gives it a garden-suburb feel with huge treed blocks running down to Ranelagh and Canadian Bay beaches. Toorak College, Peninsula Grammar and Mount Eliza Secondary pull families from across Melbourne.
The village on Mount Eliza Way has cafes, a supermarket and a weekend farmers' market. Houses range from mid-century originals on 2,000 m² blocks to large contemporary homes, with very little high-density development. Being under 50 km from the CBD, it attracts commuters who want the bay without giving up the city.
- prestige
- schools
- big blocks
- bay views
Beaches in Mount Eliza
Canadian Bay
bay
Sheltered bay beach below the Ranelagh estate with the Canadian Bay Club and a boat ramp.
Ranelagh Beach
bay
Quiet, treed bay beach reached by the Ranelagh steps — a locals' swimming spot.
Sunnyside Beach
bay
Long bay beach at the foot of Sunnyside Road with Mount Eliza's cliff-top walk above it.
For sale in Mount Eliza
All 0Nothing listed for sale in Mount Eliza right now — set an alert and we'll email you when something is.
For rent in Mount Eliza
All 0No rentals in Mount Eliza at the moment.
Recently sold in Mount Eliza
See allNo sold results recorded yet.
Mount Eliza questions
What is the median house price in Mount Eliza?+
$1,727,500 (Reported median, Aug 2026). Units: $900,000. Use it as a guide — get recent comparable sales from a local agent before you offer.
Is Mount Eliza a good place to live?+
Big blocks, bay beaches, Toorak College and the Ranelagh estate — the Peninsula's closest prestige suburb to town. People describe it as prestige, schools, big blocks. It's about 48 km from Melbourne's CBD.
What beaches are near Mount Eliza?+
Canadian Bay, Ranelagh Beach, Sunnyside Beach are in Mount Eliza itself.
How much is rent in Mount Eliza?+
The median weekly rent is $850 (Reported median, Aug 2026).