171 Canterbury RoadBlackburn VIC 3130
Property Details for 171 Canterbury Rd, Blackburn
171 Canterbury Rd, Blackburn is a 10 bedroom, 2 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 780m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (October 2023)
With a permit to operate as a rooming house, this substantial main road site of approx. 778 sqm offers an immediate high yield, with further potential. With 10 bedrooms, this property has remained between 50 to 100% capacity ($110,000 per annum) throughout the border shutdown.
With excellent main road exposure, this property is versatile, with potential uses (STCA) including medical, town houses or continuation as a rooming house.
Just a short walk to Blackburn South shopping precinct, it is less than 5 minutes drive to both Blackburn and Laburnum stations, Blackburn shops and Lake. Mutiple parks are close and it is walking distance to Forest Hill Chase. With buses past the door, it is also in the Box Hill High School zone.
Property History for 171 Canterbury Rd, Blackburn, VIC 3130
- 19 Aug 2022Sold for $1,295,000
- 22 Oct 2021Listed for Sale POA
- 24 Feb 2017Sold for $1,110,000
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About Blackburn 3130
The size of Blackburn is approximately 5.9 square kilometres. It has 23 parks covering nearly 12% of total area. The population of Blackburn in 2011 was 12,795 people. By 2016 the population was 13,927 showing a population growth of 8.8% in the area during that time. The predominant age group in Blackburn is 40-49 years. Households in Blackburn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blackburn work in a professional occupation. In 2011, 76.7% of the homes in Blackburn were owner-occupied compared with 72.3% in 2016.
Blackburn has 8,469 properties. Over the last 5 years, Houses in Blackburn have seen a 8.85% increase in median value, while Units have seen a 10.98% increase. As at 31 October 2024:
- The median value for Houses in Blackburn is $1,560,260 while the median value for Units is $775,417.
- Houses have a median rent of $650 while Units have a median rent of $520.
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