237 Canadian Bay RoadMount Eliza VIC 3930
Property Details for 237 Canadian Bay Rd, Mount Eliza
Last Listing description (June 2026)
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.
Property History for 237 Canadian Bay Rd, Mount Eliza, VIC 3930
- 02 Jun 2026Sold for $1,500,000
- 07 Apr 2026Listed for Sale $1,450,000 - $1,595,000
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0About Mount Eliza 3930
The size of Mount Eliza is approximately 23.4 square kilometres. There are 46 parks, covering nearly 8.9% of the total area. The population of Mount Eliza in 2016 was 17888 people. By 2021 the population was 18734 showing a population growth of 4.7% in the area during that time. The predominant age group in Mount Eliza is 10-19 years. Households in Mount Eliza are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mount Eliza work in a professional occupation.In 2021, 89.60% of the homes in Mount Eliza were owner-occupied compared with 88.00% in 2016.
Mount Eliza has 7,897 properties. Over the last 5 years, Houses in Mount Eliza have seen a -2.79% decrease in median value, while Units have seen a 10.27% increase. As at 31 July 2026:
- The median value for Houses in Mount Eliza is $1,695,054 while the median value for Units is $753,849.
- Houses have a median rent of $1,070 while Units have a median rent of $595.
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