Elizabeth Island in Victoria is up for sale – with a seven-figure price tag

A private Victorian island with “sweeping views” of the ocean in every direction is up for sale.

And it could be yours – if you have at least $9 million to spare.

Elizabeth Island is located in the Western Port Bay, southeast of Melbourne, and sits off French Island National Park.

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The 26-hectare property hit the market on Friday with a price range of $8.9m to $9.79m.

There are two residences on the island, including the main three-bedroom house, which has northerly views overlooking the cliffs of French Island National Park.

The second residence is a two-bedroom and two-bathroom villa, with views over Elizabeth Bluff.

There are two residences on the island, including a newly built villa. Credit: RT Edgar

The villa is 200 metres from the main home.

There is also a private jetty for fishing and swimming and the island can be accessed by boat, barge or helicopter.

Elizabeth Island is just a short boat trip across from San Remo and Phillip Island for day trips if supplies are needed.

The island has plenty of space for farming activities including vineyards, and seals, dolphins and whales have been spotted off the shore.

It is the second time the island has been for sale.

It failed to sell in 2018 after it was listed for $6.95m.

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