Holiday homes on the Mornington Peninsula

A holiday home buyers agent for the Mornington Peninsula

A weekender on the Peninsula should be a pleasure to own and a smart place to have your money. The trick is buying in the right pocket, at the right price, with a clear view of what it costs to hold and what it can earn. We know the Peninsula, and we buy there for you.

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For you,
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Genuine Peninsula knowledge

Local knowledge you cannot get from a portal

The Mornington Peninsula is really a dozen different markets, and prices, demand and rental appeal shift street by street. Lou has owned a home on the Peninsula for years, so this is not a map exercise for us. We know the difference between a bay beach and a back beach, the hinterland pockets around Red Hill and Main Ridge, and which streets hold value when the market cools.

As buyers advocates we work only for you, and through our network we see quality homes that sell off-market before they are ever advertised.

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On the Peninsula, the postcode is only the start. The street, the aspect and the walk to the beach are what you are really buying.

The LP Advisory approach
How we help you buy on the Peninsula

A clear path to the right weekender

We match the home to how you will actually use it, and we are honest about the numbers before you commit.

01

Understand the brief

How you will use it, a family weekender, a future retirement or an income-earning holiday let, plus your budget and the parts of the Peninsula that suit.

02

Search and shortlist

Including off-market and pre-market homes, which are common at the Peninsula’s better end.

03

Inspect and assess

We look hard at condition, coastal wear, land, aspect and the realistic short-stay appeal, not just the styling.

04

Check the numbers

We map out the holding costs and, if you plan to rent it, a realistic view of peak-season yield.

05

Negotiate and secure

At auction or private sale we negotiate hard so you buy well, not just quickly.

Why buyers choose LP Advisory

The whole team on your side

You get our full team, with genuine Peninsula knowledge at the centre of it. Lou, a former selling agent and auctioneer who has owned on the Peninsula for years, knows the market from the inside. Sharyn specialises in off-market property.

You have one point of contact from the first drive down to settlement.

Before you commit

What to weigh up with a holiday home

A place on the Peninsula is part lifestyle and part investment. Both deserve a clear-eyed look.

01

Location and pocket

Sorrento, Portsea, Blairgowrie, Flinders and the Red Hill hinterland each behave differently on price, demand and rentability. The right pocket is the single biggest decision, and it is where local knowledge earns its keep.

02

Lifestyle or yield, or both

A home you will use most weekends is a different buy from one you want earning income. We help you be clear on the trade-off before you commit, not after.

03

Holding costs and the levy

A holiday home does not get the land tax exemption your main home does, and Victoria’s short-stay levy of 7.5% applies to stays under 28 days if you let it out. Factor in insurance, maintenance and management too.

04

Scarcity, liquidity and resale

The best Peninsula stock is tightly held and sells thinly, especially off-season. Buying the right home in the right pocket protects both your enjoyment and your resale.

General information current as at July 2026. It is not financial or tax advice. Land tax, the short-stay levy and rental rules apply differently to each owner, so confirm your position with the State Revenue Office or your adviser.

Google reviews

What our clients say

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Connie Caligiuri profile picture
Connie Caligiuri
26 days ago
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Lou was extremely helpful, professional, personable and knowledgeable from the get go. He was responsive throughout the process and gave us the confidence we needed to make informed decisions. My partner and I can’t recommend Lou’s services enough! Thank you Lou!
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Stephanie Evans profile picture
Stephanie Evans
28 days ago
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Have dealt with LP Advisory on many occasion being a real estate agent in the Port Phillip area. I have to say Lou is always extremely easy and no fuss to deal with, always having the best intentions for their clients. Lou recently purchased a property through us pre market in South Melbourne. Within 48 hours, his client had viewed, a building inspection had been conducted and we had negotiated with the owner and come to an agreeable price. Happy clients all round so thank you. Steph Evans - Marshall White.
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Kirrily Graham profile picture
Kirrily Graham
28 days ago
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The team at LP Advisory are an absolute delight to work with. They have incredible experience, local knowledge and expansive network in the industry. They provide an impeccable service and I was so impressed with their promptness and level of communication. Thanks Lou and Alana, it is a pleasure to work with you!
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Tashi Dorjee profile picture
Tashi Dorjee
30 days ago
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Genuine, easy to trust , real world market advice. Can't recommend him enough
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Hayley Vo profile picture
Hayley Vo
35 days ago
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I’ve had the pleasure of working with Lou on a number of property matters, and one thing that really stands out is the level of care and attention to detail he puts into the property search for his clients. Lou is extremely knowledgeable. He is always asking questions, clarifying details and making sure he has a thorough understanding of the property so he can properly guide and assist his clients. From a conveyancer’s perspective, it’s really lovely to see the amount of care he takes behind the scenes to ensure his clients are making informed decisions and purchasing the right property for them. I would happily recommend him to anyone looking for an experienced, knowledgeable and genuinely caring buyer’s advocate.
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Dominic Monaco profile picture
Dominic Monaco
68 days ago
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I've had the pleasure of getting to know Lou and Alana from LP Advisory and wouldn't hesitate to recommend them. They genuinely put their clients first and are committed to helping buyers make informed property decisions. Their knowledge of the Melbourne market, professionalism and attention to detail are evident in everything they do. They're approachable, honest, responsive and clearly passionate about achieving the best possible outcome for their clients. I have every confidence recommending LP Advisory to anyone looking for a trusted buyer's advocate.
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James Miller profile picture
James Miller
73 days ago
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There are not enough superlatives for what a wonderful job Lou and Alana have done. Looking for a home is stressful enough, especially when you add in the fact I am move interstate, however the LP Advisory team took all the difficult work out of it. I am extremely happy with the service and care I have received, which obviously ranged from sourcing appropriate inspections based on my preferences, then through going to them, giving me amazing advice and suggestions. They are both very professional, very kind and very efficient. Thank you both so very much. I am beyond appreciative and I could not recommend their services enough. If anyone is looking, please look into Lou and Alana. Thanks :)
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Erin Richardson profile picture
Erin Richardson
73 days ago
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I could not recommend Lou, Alana and the LP Advisory Team more highly. They are absolutely the real deal in terms of their local knowledge, price guidance and relationships - it is almost an unfair advantage if you have them on your team. I recently was able to purchase a home far better than anything I would have dreamed of due to the strength of their relationships and negotiating advice. At no point did I ever feel pressured to look at homes which I felt were off brief - they would send me video tours of homes before I even stepped in to make sure that it was only for the highest and best potential homes that I was investing my time. I wasn't fighting with the regular weekend crowds but had the opportunity to view when it suited me. And more than that, I was able to be candid and open in my feedback which was clearly taken back on board and reflected back in the shortlist that was presented back to me. As a business owner making a significant purchase, their commercial nous was unbelievable as was their integrity (they earned their fee four times over) and I feel incredibly fortunate to have worked with them. I was actually recommended them by one of the local Port Melbourne/Albert Park agents who probably regrets introducing us now!
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Janet Free profile picture
Janet Free
74 days ago
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+0
Lou and Alana were absolutely brilliant. Our son lives interstate and we were unfamiliar with local areas in Victoria. Both Lou and Alana were so prompt in returning answers to our questions. Building and pest inspection as well as conveyancing was organised by the team. Dealing with the Vendors agent was done by Lou all the while checking back with us before any action was taken. We flew down and loved the choice. Everything from that moment was completed in two weeks without any problems at all. Our son will now be moving to Victoria thanks to the help of Lou and Alana. Importantly apart from their professional expertise both Lou and Alana are really lovely lovely people. I could not recommend them more highly. Do yourselves a favour and use LP Advisory, you will not regret your decision. Janet and Owen Free.
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Zain Choudhry profile picture
Zain Choudhry
75 days ago
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Lou and Alana were absolutely outstanding throughout our entire home buying journey. From organising inspections and accommodating our many (often high maintenance!) requests, right through to making offers, coordinating conveyancing and settlement, they made every step feel seamless. Nothing was ever too much trouble, and they consistently went above and beyond to make sure everything was taken care of. Their communication was excellent, they were incredibly professional, and they were genuinely lovely people to work with. We always felt supported, well informed and confident that they had our best interests at heart. Buying a home can be stressful, but Lou and Alana made the experience so much easier. I couldn’t recommend them more highly to anyone looking for buyer advocates who are knowledgeable, responsive and truly committed to their clients.

Buying a holiday home on the Peninsula, your questions answered

+Which parts of the Peninsula do you cover?
All of it, from the bay beaches through to the back beaches and the Red Hill hinterland.
+Should I buy for lifestyle or investment?
Either, or both, but the right home depends on which. We help you decide before you start looking.
+Can you find homes that are not advertised?
Yes. A good share of quality Peninsula homes sell off-market, and that is where knowing the area and the agents matters.
+What are the ongoing costs?
Typically council rates, insurance, maintenance and land tax, plus the short-stay levy and management if you let it out. We map these out early.
+Can you help if I want to rent it out?
Yes. We factor realistic peak-season demand and the running costs into the numbers before you buy.

Also relevant: Luxury & Prestige and Downsizers.

Let’s talk

Thinking about a place on the Peninsula?

Let’s work out the right pocket, the right home and the real numbers, so your weekender is a good decision as well as a good escape.

Book a free strategy call Or call 03 9498 3131

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Independent property advice you can trust.

  • ✓  50+ years combined experience
  • ✓  REIV, REBAA & PIPA accredited
  • ✓  50% of purchases secured off-market
  • ✓  Average 47 days to purchase
  • ✓  Boutique, senior-led team

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