329 Canterbury Road, Canterbury, VIC 3126 | Property Value & History | OnTheHouse
 
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329 Canterbury Road
Canterbury VIC 3126

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2864m2
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Property Details for 329 Canterbury Rd, Canterbury

Building Type
Land
Land Size
2864m2
Local Government
Boroondara
Lot/Plan
PC374646

Last Listing description (August 2016)

The subject property comprises a development site of 2,837m2* and would be ideally suited for a range of commercial uses and features an indicative height limit 14m* (approximately 4 levels).

The site is perfectly positioned on Canterbury Road with 40 metres* of prime frontage and is located within close proximity to the Canterbury retail precinct, 10 kilometres* from Melbournes Central Business District.

This outstanding commercial site is made up of three individual lots totalling 2,837m2* and currently comprises existing buildings of brick construction featuring part timber and part concrete floors.

The first two lots, known as 319-323 Canterbury Road comprises a vacant part two level showroom/warehouse of 540m2* on a combined land allotment of 1,426m2*.

The third lot, known as Part 329 Canterbury Road comprises a land area of 1,411m2* of which 741m2* is currently leased to Canterbury Roof Tiles. Formerly a 130m2* residence, the property has been converted to an office building and includes showroom, offices, kitchen and bathroom. In addition the site also includes pergola, car parking area and display yard.

The property is subject to a road widening reserve, which extends to a depth of approximately 20m's over the site, equating to approximately 800 m2.

Maling Road retail and cafe precinct is only a short walk and public transport servicing the area includes trains from both Chatham Railway Station and Canterbury Railway Station.

*approx

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Property History for 329 Canterbury Rd, Canterbury, VIC 3126

A timeline of how this property has performed in the market
Last Sold
$23,485,000
26 Jul 2019
  • 26 Jul 2019
    Sold for $23,485,000
  • 19 Feb 2016
    Listed for Sale Contact Agent
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About Canterbury 3126

The size of Canterbury is approximately 3.2 square kilometres. It has 14 parks covering nearly 6.6% of total area. The population of Canterbury in 2016 was 8056 people. By 2021 the population was 7800 showing a population decline of 3.2% in the area during that time. The predominant age group in Canterbury is 10-19 years. Households in Canterbury are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Canterbury work in a professional occupation.In 2021, 78.10% of the homes in Canterbury were owner-occupied compared with 76.80% in 2016.

Canterbury has 4,041 properties. Over the last 5 years, Houses in Canterbury have seen a 19.36% increase in median value, while Units have seen a 56.55% increase. As at 30 November 2025:

  • The median value for Houses in Canterbury is $3,244,831 while the median value for Units is $1,472,946.
  • Houses have a median rent of $1,150 while Units have a median rent of $650.
There are currently 6 properties listed for sale, and no properties listed for rent in Canterbury on OnTheHouse. According to Cotality's data, 157 properties were sold in the past 12 months in Canterbury.

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