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This property has been sold for $745,000 on 11 May 2026
83 days on market
PropRadar's estimate today
$762,541
Range $659,136 to $865,910
Estimated rent $575 per week
Our own model, free and instant, from comparable sales near this property. Not yet confirmed against outside sources.
Market context at sale
Listing journey
EssentialsThis property went through 2 price reductions over 83 days on market. See what it first asked, every reduction along the way, and what it finally sold for.
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Asking Price
$680,000 - $720,000
Provider valuations aren't available for sold properties. The estimate above is PropRadar's own read on what it would be worth today.
Property overview
This 2-bedroom unit at 3/470-474 Canterbury Road in Forest Hill, VIC 3131 sold for $745K in May 2026, with 2 bathrooms and parking for 1. Forest Hill sits about 18 km from the CBD, where the median unit price is $800K. 63 schools sit within about 5km, and the area scores 72 for walkability and 56 for transit out of 100.
More in Forest Hill
For sale now
- 2/424 Canterbury RoadTownhouse · 2 bed · 2 bath$750,000
- 8/470-474 Canterbury RoadApartment · 2 bed · 1 bath$530,000 - $580,000
- 1/422 Canterbury RoadTownhouse · 2 bed · 2 bath$890,000 - $950,000
- 118/251 Canterbury RoadApartment · 2 bed · 1 bath$420,000 - $462,000
Recently sold nearby
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $720,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
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Forest Hill at a glance
Unit market signals | VIC 3131
Median
$800K
Market signals
To CBD
18 km
Est. Valuation
$747,108
Potential Sell Price
Est. Rent/wk
$562
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Key Highlights
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
From the listing description
Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.
Total Cost to Purchase
- Purchase Price
- $720,000
- Stamp Duty (Victoria)
- $38,270
- Transfer/Registration Fee
- $1,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $762,470
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Density
- Low Density
- Listed
- Last Updated
- Postcode
- 3131
- Original listing
- Original listing is on paid plans
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