Back 231 Clayton Road
Off Market

231 Clayton Road

Clayton VIC 3168

3
1
2
1018 m²
House
Last sold for $2,100,000
Hugh FrancisHugh Francis, last sold this property on 14 May 2025 after 58 days on market.

Overview

Endless Possibilities in Premium Location

Positioned in the highly sought-after Residential Growth Zone 3 (RGZ3), this expansive allotment presents an unparalleled opportunity for developers, investors, and medical professionals. Offering substantial potential for townhouse or unit developments, an apartment complex, or a medical centre (STCA), the site's prime location ensures strong future returns. Strategically placed across the road from Monash Medical Precinct, the property is ideal for a medical clinic, specialist suites, or allied health services. The proximity to Monash University further enhances its suitability for student accommodation or a mixed-use development incorporating retail, childcare, or commercial spaces (STCA). Currently home to a well-maintained brick residence, the property allows for rental income while plans and permits are secured. The existing dwelling features four bedrooms, multiple living areas, a central bathroom, and a sunroom, with ample garage and storage space. Transport and amenities are at your doorstep, with bus routes 631, 703, and 733 just moments away, a short 750m commute to Clayton Station (and the proposed Clayton Underground Rail Loop Station) and an easy walk to Clayton Road's shopping and dining precinct. The location also offers seamless access to M-City Shopping Centre and major freeways. A rare offering in a blue-chip location, this is a prime development opportunity not to be missed.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
1018 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Clayton over the last 12 months, the estimated median property value of 231 Clayton Road is $1.28m.

Median value
$1.28m
Estimated value range
$870k - $2.4m
Median days on market
29
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Clayton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 231 Clayton Road

2025
Sold
$2,100,000
14 May 2025 by Hugh Francis, of Jellis Craig Whitehorse

Happy sellers in Clayton

92%
92% of sellers in Clayton reported that their sale price either exceeded or met their price expectations.

Clayton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 23 reviews in Clayton over the last 12 months.

Local market activity for 3 bedroom houses in Clayton

In the last 12 months, 47 three-bedroom houses similar to 231 Clayton Road, have been sold.

This represents a 18% decrease in three-bedroom houses sales when compared to the previous 12 months.

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