Back 237 Canadian Bay Road
Off Market

237 Canadian Bay Road

Mount Eliza VIC 3930

Land
Last sold for $1,500,000
Vicki SayersVicki Sayers, last sold this property on 02 June 2026 after 55 days on market.

Overview

Build, Subdivide or Invest 4,047sqm with Dual Frontage (STCA)

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.

Features

Land

Estimated Value

Based on this property and similar land plots sold in Mount Eliza over the last 12 months, the estimated median property value of 237 Canadian Bay Road is $1.31m.

Median value
$1.31m
Estimated value range
$1.1m - $10.91m
Median days on market
47
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mount Eliza. 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 237 Canadian Bay Road

2026
Sold
$1,500,000
Private Sale/Treaty on 02 Jun 2026 by Vicki Sayers, of Sayers & Co.

Happy sellers in Mount Eliza

73%
73% of sellers in Mount Eliza reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 58 reviews in Mount Eliza over the last 12 months.

Local market activity for land plots in Mount Eliza

In the last 12 months, 5 land plots similar to 237 Canadian Bay Road, have been sold.

This represents a 50% increase in land plots sales when compared to the previous 12 months.

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