A spectacular statement in design, decor and detail on one of Melbourne's most exclusive avenues this landmark vacant block offers flexible development opportunities and could build your dream home or build four stunning mansions and build a family lifestyle or invest and watch your money grow. Canterbury is one of Victoria's best suburbs, among the suburbs that are 20km from the CBD, it is ranked no.2 and located only 10.5km from Melbourne's world-famous Central business district and situated only a short five-minute walk to the train station and garden.
Rarely does such an outstanding development opportunity like this come onto the market. A substantial site of 3276 sqm in a prime residential location fronting. This property is situated Close to train, bus and tram, Maling Road village and parklands, Balwyn Primary School, Fintona Girls' School, Camberwell Grammar Schools, Camberwell High School and Canterbury Girls Secondary School.
1) No heritage overlay on the land
Lot 1: 727m2 (Shared: 48.5 m2,) Total : 775.5 m2
Lot 2: 779m2 (Shared: 83.5m2), Total : 862.5 m2
Lot 3: 779m2 (Shared: 83.5 m2,)Total : 862.5 m2
Lot 4: 728m2 (Shared: 48.5 m2, , Total : 776.5 m2
The size of Canterbury is approximately 3.2 square kilometres. There are 14 parks, covering nearly 6.6% of the 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 4,035 properties. Over the last 5 years, Houses in Canterbury have seen a -1.58% decrease in median value, while Units have seen a 4.33% increase. As at 30 April 2026:
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