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237 Canadian Bay Road, Mount Eliza$1.45m
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237 Canadian Bay Road

Mount Eliza, VIC 3930, Australia
$1.45m

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About this property

Set on approximately 4,047sqm with valuable dual road frontage, this substantial landholding offers outstanding flexibility in a highly convenient Mt Eliza location. With subdivision potential (STCA), the site is suited to a range of possibilities including a substantial new home, dual-occupancy or multi-dwelling development or alternative uses such as childcare or medical consulting rooms (STCA). Dual frontage enhances access, design flexibility and future outcomes. Positioned within easy walking distance to Mt Eliza Village, schools and local amenities; an uncommon advantage for land of this size, while also offering convenient access to major arterial roads. Currently occupied by a modest dwelling, the true value lies in the land and its future potential. Held in the same ownership for decades, opportunities like this are increasingly rare.

Property Details

Property Type
land
Listing Type
Sold
Listed
3 months ago

Repayment calculator

$7,030/month
$3,515 /fortnight
Loan $1,160,000 at 6.10% over 30 years

Upfront costs

Deposit$290,000
Stamp duty$79,750
Conveyancing (est.)$2,000
Total upfront$371,750
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Mount Eliza

This land in Mount Eliza, VIC 3930 sits within reach of public transport, local shops and nearby schools. It is listed 11% below the $1.62m median of 69 comparable landswithin 5 km.

Schools near Mount Eliza

  • Peninsula Grammarcombined · Prep-12 · CoEd
  • Toorak Collegecombined · Prep-12 · CoEd
  • Kunyung Primary Schoolprimary · Prep-6 · CoEd
  • Mount Eliza North Primary Schoolprimary · Prep-6 · CoEd
  • Mount Eliza Primary Schoolprimary · Prep-6 · CoEd
  • Mount Eliza Secondary Collegesecondary · 7-12 · CoEd

What's nearby

  • Leicester Avenue (bus)704 m away
  • Foodworks3.0 km away
  • Mt Eliza Way Reserve1.3 km away
  • Baden Powell Drive Linear Reserve1.5 km away
  • Unnamed2.4 km away

Mount Eliza at a glance

Full suburb profile
Population
18,734
Median age
45
Household income
$2,547/wk
Median rent
$512/wk
Median mortgage
$2,600/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Mount Eliza price trend

Median sold · House 4 bed

Compound growth -1.1% / yr over 4 yrs

$1.72mcurrent median

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