Back 372 Canterbury Rd
Off Market

372 Canterbury Rd

Heathmont VIC 3135

5
2
2
1535 m²
House
Last sold for $1,300,000
Raghu KosarajuRaghu Kosaraju, last sold this property on 09 October 2025 after 218 days on market.

Overview

Location not to be missed!!

Set on a massive 1,535m² (approx.) allotment, this exceptional property combines comfortable family living with incredible development potential. With proposed plans for up to six units (STCA), 372 Canterbury Road is a rare find in the highly sought after pocket of Heathmont. Key Features: • Expansive 1,535m² (approx.) block offering endless possibilities for developers, investors, or large families. • Spacious five-bedroom home with multiple living zones, perfect for a growing family. • Sun-drenched kitchen featuring ample bench space and modern appliances, seamlessly connecting to meals and family areas. • Versatile floorplan offering a formal lounge, dining room, and a separate family room - plenty of space to relax or entertain. • Covered patio and deck overlooking lush gardens - ideal for alfresco dining or quiet morning coffees. • Large garage and additional storage space, perfect for tools, hobbies, or a workshop. • Excellent location, just 1.2km (approx.) from Heathmont Shopping Centre, 1.8km (approx.) from Heathmont Station, 3.6km (approx.) from Eastland Shopping Centre, and 1.9km (approx.) from Bunnings Bayswater. • Zoned for top local schools including Ringwood Secondary College (2.4km approx.) and Bayswater Secondary College (1.7km approx.), making it an outstanding choice for families. • Easy access to major arterials for a stress-free commute, while still enjoying the leafy, suburban atmosphere that Heathmont is renowned for. Development Potential (STCA): With substantial frontage and depth, the generous land size opens up a world of future possibilities. Whether you're planning to build multiple dwellings, develop boutique townhouses, or landbank for the future, this prime site offers the flexibility to bring your vision to life (subject to council approval). Why You'll Love It: • Enjoy immediate comfort in the existing family home while planning your next steps. • Secure a blue-chip address in one of the Eastern suburbs' most thriving and convenient locations. • Maximise rental returns by taking advantage of the home's spacious floorplan and the area's strong tenant demand. Seize This Rare Opportunity: Properties of this size and potential in Heathmont are few and far between. Whether you're dreaming of a multi-unit development, a renovation project, or a spacious family retreat, 372 Canterbury Road presents a once-in-a-lifetime opportunity to secure a significant landholding in a tightly held neighbourhood. Contact us today to arrange an inspection and explore the endless possibilities this property has to offer

Features

5 bedrooms
2 bathrooms
2 carspaces
1535 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Heathmont over the last 12 months, the estimated median property value of 372 Canterbury Rd is $1.25m.

Median value
$1.25m
Estimated value range
$970k - $1.63m
Median days on market
23
Estimated value trend
-6%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Heathmont. 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 372 Canterbury Rd

2025
Sold
$1,300,000
Private Sale/Treaty on 09 Oct 2025 by Raghu Kosaraju, of Premiere Real Estate
2020
Rented
Undisclosed
Leased on 23 Mar 2020 by Barry Plant Whitehorse
2019
Rented
Undisclosed
Leased on 30 May 2019 by Barry Plant Whitehorse

Happy sellers in Heathmont

98%
98% of sellers in Heathmont reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 8 reviews in Heathmont over the last 12 months.

Local market activity for 5 bedroom houses in Heathmont

In the last 12 months, 11 five-bedroom houses similar to 372 Canterbury Rd, have been sold.

This represents a 37% decrease in five-bedroom houses sales when compared to the previous 12 months.

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