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LOCATION PROFILE

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BALNARRING

Balnarring is an easy 1hr and a quick stop drive from Melbourne CBD, or a picturesque hinterland  1/2 hr to Mornington.  Pressed against the shores of Westernport Bay; a once quiet seaside hamlet, is now a vibrant community, winery destination, excellent village atmosphere, host to the picnic races and home to new peninsula residents.  There’s the new and old property style choices, the standard block with modern new homes, the old-fashioned beach shack done up or ready for imagination and the larger acreages for the hobby framers.

The sporting facilities for young ones are some of the best on the peninsula and the local primary school is outstanding.  Public buses into Mornington and Mt. Eliza makes it possible for secondary school aged kids to attend quality education.

Balnarring has a median house price of $735,000 and is well worth consideration. At certain times of year, you can watch the dolphins swim past the beach; not a bad way to spend an arvo.

BLAIRGOWRIE

Situated between Rye and Sorrento; Blairgowrie is a sleeping giant slowly waking up.  Offering as much if not more than its more favoured neighbour Sorrento, Blairgowrie has a lovely set of shops, one of the best Yacht clubs in Australia, amazing rock pools and caters to all things summer.  A large amount of development over the past 5 years has seen many of the local beach shacks transformed into luxury accommodations and land prices soaring.  Median house prices of around $945,000 increase considerably when looking at 4 + bedroom property which exceeds $1.2Million – $1.3Million. 

CAPEL SOUND

Capel Sound was renamed from Rosebud West just over a year ago; some locals loved the idea some didn’t, but whatever your thoughts this little spot on Point Nepean Road is not to be overlooked.  Median house prices have soared over the past 12months with first home buyers and retired couples who love a beachside location flocking to the area.  Those seeking a permanent holiday home, priced out further down the peninsula, see Capel Sound as a long term positive investment.
Proximity to the foreshore, the Rosebud shops, Rosebud Secondary College, primary schools and bus routes enables new families to grow the area.
Improvements to the foreshore are inevitable, with a median house price of $550K its easy to see why Capel Sound gets attention.  Stock supplies are solid with a good collective of new and older style homes on the market.

FLINDERS

The township is stunning, the Flinders Hotel is excellent, wineries around every corner, class eateries, a beautiful golf course, surf break and boat moorings. The views across Westerport Bay to Philip Island are some of the best you’ll find.  Primarily a holiday destination Flinders has an active real estate market. Established real estate agents including Kay & Burton, RT Edgar and Sotheby’s International Realty market the towns property with a genuine love and understanding of the people the property. 

Without the holiday crowds and day trippers tending to flock to Sorrento, Rye and Portsea the township enjoys a summer of milder consternation. It is one of the only places that can boast the fusion of coast and country living on the Mornington Peninsula.  With a median house price around $1.6Million Flinders is one of the most sought after spots for luxury living. 

FRANKSTON

Close your eyes and put your hand in the lolly jar; you’ll either pull out a piece of the worlds best Amedei chocolate or the old spearmint leaf with congealed sugar that’s been sitting on the bottom since Christmas Day 2004; that’s Frankston; the most diverse, interesting and polarised suburb positioned as the gateway to the Mornington Peninsula.

Overseas and interstate visitors walking the promenade or taking in the views from Olivers Hill could be forgiven for thinking Frankston is the most exclusive suburb in Victoria.  The median house price of $599K is baffling to those who don’t know the area where property prices can vary from $250K to north of $4M.

Frankston is the business, shopping and meeting hub; at the end of the train line the new station upgrade is a beauty.  A vibrant, cosmopolitan and controversial suburb; Frankston has real estate offerings to fit any family and any budget.  Always plenty of investment, excellent housing stock and all the infrastructure one could ask for.  Frankston High School has one of the best reputations in the state and private school options; Mentone Grammar, Peninsula School, Toorak College, Woodleigh School and Padua College are all in easy reach.  You must visit this place to appreciate it.

FRANKSTON SOUTH

Ask a resident of Frankston South where they live; they tell you Frankston before emphasising the “SOUTH”. Frankston South people are proud of their slice of the peninsula pie.  There’s a rift between them and the locals of Frankston and Mount Eliza; its unspoken and not readily admitted, but when you’ve lived in the area long enough you know it’s real. 

Frankston South is an established burb; prestigious homes sprinkled with units and smaller holdings that sully the median house price.  You’ll be looking closer to $1M – $1.5M for a substantial family home.

The local primary schools and sporting clubs are excellent, there’s a strong community vibe, you can see the folks are house proud. There’s a healthy real estate market and like much of the peninsula it’s become a place where you live for property return as much as lifestyle. The demographic is mainly professionals with families and an excellent option for long term living.

MOOROODUC

An hour from Melbourne and your transported to a divine town steeped in country originality.  From the local primary school, to the best antique dealer on the peninsula; the local fire station, polo field, footy oval hosting the Moorooduc bombers and topped off with Devil Bend Golf Club.
Literally a few minutes’ drive from Mornington town centre or the shopping hub of Somerville; Moorooduc holds a special place in the Peninsula jigsaw.  Larger acreages are the go here with the odd single house on the block thrown in.  Moorooduc has wine growing, fruit and veg and horses, plenty of them.  The real estate market can seem idle; like the town; however, property does pop up and it’s easy to imagine yourself making the move.  Not too far for a city commute but worlds away from a city lifestyle.
Median house price tips in at $1.6M up there with the top valued peninsula towns

MOUNT ELIZA

Made famous by the legendary Australian Crawl; Mount Eliza has a colourful history, parts long term Mount Elizaians would rather keep secret. “The Mount” as it’s known locally; offers plenty.  A fantastic village culture, excellent beach options, clubs to join and outstanding primary and secondary schools.
When it comes to real estate you’ve much to choose from.  The suburb is divided into a number of estates and sub division going way back to the early 1950’s when large landholdings were carved up and sold off. (Some may have changed hands during a poker game).
You’ll find a diverse range of architectural styles from out there 1970’s to modern sleek designs.  Homes closer to the village tend to be built on “normal” sized blocks 750sqm – 1500sqm; whilst on the opposite side of Nepean Highway along Tower Road, Wooralla Drive and into Woodlands Estate it’s common to find homes on 2400sqm – 4500sqm.
Newer estates have developed over the years with some surprisingly large homes taking advantage of vistas over the Moorooduc plains.
In 2018, a Mt. Eliza property overlooking the bay was sold in excess of $12M.
The township has a successful sporting community, the local junior football club; Mt. Eliza Red Legs is one of the largest junior clubs in Australia.
Mt Eliza is a fluid township, despite its continuing evolution and changing face it’s held onto its beachside hamlet feel.  A great place for families, the community is an eclectic mix of professionals, business owners, tradies and creative types all of whom have interesting stories. Mount Eliza median house price sits at $1.15M.

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