SOLD
Sold on 15 Apr 2024 for $675,000

183 Canterbury Road
Canterbury VIC 3126

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 110m2
Land area: 155m2
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Property Details for 183 Canterbury Rd, Canterbury

Building Type
Commercial
Year Built
2013
Floor Size
110m2
Land Size
155m2
Local Government
Boroondara
Lot/Plan
1/PS719932

Last Listing description (November 2023)

Gorman Allard Shelton are pleased to offer for sale 183 Canterbury Road, Canterbury by Auciton on Friday 1 December at 12pm on-site.

This property provides a fantastic entry level investment opportunity and is located within a popular retail strip.

Key benefits include;

* Building Area: 97 sqm*
* Current income $35,000 pa* + GST
* New 3 year lease commencing November 2023 plus options
* Located within the popular Canterbury Road & Maling retail strips, home to a number of businesses, cafes and eateries including IGA Express, Cellarbrations, Bakers Delight, Bendigo Bank & Canterbury Medical Clinic to name a few.
* Close to Canterbury Train Station

Contact us today to arrange an inspection.

Property History for 183 Canterbury Rd, Canterbury, VIC 3126

A timeline of how this property has performed in the market
Last Sold
$675,000
15 Apr 2024
  • 15 Apr 2024
    Sold for $675,000
  • 31 Oct 2023
    Listed for Sale Contact Joseph Walton 0417 309 347
  • 05 Feb 2014
    Sold for $565,000
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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 2011 was 7,857 people. By 2016 the population was 8,054 showing a population growth of 2.5% 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 2011, 76.6% of the homes in Canterbury were owner-occupied compared with 76.8% in 2016.

Canterbury has 3,875 properties. Over the last 5 years, Houses in Canterbury have seen a 7.75% increase in median value, while Units have seen a 17.42% increase. As at 31 October 2024:

  • The median value for Houses in Canterbury is $3,078,427 while the median value for Units is $1,040,686.
  • Houses have a median rent of $1,200 while Units have a median rent of $620.
There are currently 9 properties listed for sale, and 7 properties listed for rent in Canterbury on OnTheHouse. According to CoreLogic's data, 169 properties were sold in the past 12 months in Canterbury.

Suburb Insights for Canterbury 3126

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.