Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

VIC › Mount Eliza › Canadian Bay Rd

101 Canadian Bay Rd, Mount Eliza VIC 3930

House

$1,400,000

Last sold

7 May 2022

3

Bedrooms

2

Bathrooms

2

Car spaces

765 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,400,000 (7 May 2022).(Recorded sale)
  • FactLand 765 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Mount Eliza (last 5 years) with land size: median $1,760/m² of land (n=38). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$1,400,000

7 May 2022 · derived via latest_sale

Local land rate: recorded House sales in Mount Eliza (last 5 years) with land size have a median of $1,760/m² of land (n=38). Districts calculation from recorded sales — not a valuation.

Mount Eliza at a glance

19,110

People

No data

Median sale

$780/wk

Median rent

No data

Suburb gross yield

See the full Mount Eliza report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,400,0007 May 2022
  2. Listedprice unknowncompleted19 Apr 2022
  3. Listedprice unknowncompleted19 Apr 2022
  4. Listedprice unknowncompleted19 Apr 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $780/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mount Eliza in one glance

Mount Eliza at a glance

19,110

People

No data

Median sale

$780/wk

Median rent

No data

Suburb gross yield

See the full Mount Eliza report →

Keep researching

  • Why Mount Eliza? Read the area thesis →
  • What else is on the market in Mount Eliza →
  • Other records on Canadian Bay Rd →

Listing material

Listed by Crowder Community Real Estate

RARE SPACE & CONVENIENCE IN THE VILLAGE HEART

Promising an amazing life of cosmopolitan-style convenience in one of the Mornington Peninsula's most envied seaside locations, this 765m2 (approx.) property smack in the heart of Mt Eliza Village offers a privileged position for your ideal family home or a corner allotment for a fabulous townhouse development.

A lifestyle you'll never want to leave with all your wants and desires just steps from the door, this address is a dream position for families in their prime years with prestigious schools just a short walk, beaches only moments away and less than an hour's commute to Melbourne.

Enjoying complete privacy on a corner behind a tall hedge with exceptional street frontage facing Colstan Court, the all-original 1980s home offers lovely natural light, rich character and great bones for a modern refurbishment, while extensive gardens provide rare space to extend or add a swimming pool and alfresco area.

Read the full description

The property also holds high appeal to developers who could use the corner allotment to build 2 luxury townhouses (STCA) where you can keep one, sell one off and enjoy village life where you step out for your morning latte, for a delicious evening meal or to grab your daily groceries.

Alternatively, the home could make way for a luxury brand new home with wonderful space for a sprawling single level design or magnificent two-storey design to spread out in style.

With lovely gardens including fruit trees and raised veggie beds, the home includes spacious living and dining areas, a well-equipped kitchen, a family meals area opening out to an alfresco terrace, while 3 bedrooms are serviced by the family bathroom and ensuite.

Complete with a large double garage with extra height, the home also features new carpet, ducted heating and air conditioner.

TO VIEW BUYER DUE DILIGENCE CHECKLIST VIEW

http://consumer.vic.gov.au/duediligencechecklist

Listing description written by Stewart Lardner, Crowder Community Real Estate — reproduced as published, not verified by Districts.

Also look at

Also for sale in Mount Eliza

  • 118 Tower Rd, Mount Eliza VIC 3930

    5-bed house for sale. Currently listed.

    For sale
  • 9 Bellevue Cres, Mount Eliza VIC 3930

    4-bed house for sale. Asking $1.65M–$1.75M.

    For sale
  • 9 Allison Rd, Mount Eliza VIC 3930

    4-bed house for sale. Asking $2.9M–$3.19M.

    For sale
  • 15 Gannet St, Mount Eliza VIC 3930

    4-bed house for sale. Asking $1.5M–$1.6M.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.