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This property has been sold for $1,300,000 on 27 Aug 2026

204 days on market

Market context at sale

Suburb cycle phase
Balanced
RBA cash rate
4.35%
Suburb median (August 2026)
$750,000(+73%)

Listing journey

Essentials

This property went through 1 price reduction over 204 days on market. See what it first asked, every reduction along the way, and what it finally sold for.

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2/39 Colstan Court, Mount Eliza, VIC, 3930

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Asking Price

$1,200,000 - $1,320,000

3 Beds2 Baths2 Cars
Land: 739 m2

Property overview

This 3-bedroom townhouse at 2/39 Colstan Court in Mount Eliza, VIC 3930 sold for $1.3M in August 2026, with 2 bathrooms and parking for 2. It offers a 739 m2 block. Mount Eliza sits about 43 km from the CBD, where the median house price is $1.7M. Council data shows no flood or bushfire overlay on the site. There are 18 schools within roughly 5km, and the area scores 33 for walkability and 27 for transit out of 100.

Signal summary

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 $1,320,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

Listed

Updated

Days on market

204

Latest price change

$1,375,000 to $1,320,000

Investment Score

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Mount Eliza at a glance

House market signals | VIC 3930

Full suburb profile

Median

$1.7M

Market signals

To CBD

43 km

Est. Valuation

$1,231,708

Potential Sell Price

Est. Rent/wk

$800

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

Priced 24% below suburb median
739 m2 block
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Planning Overlays

No Overlays Detected

Subdivision & Development Potential

GRZ1General Residential Zone 1

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.

Zoned to heart of Blackburn, area and treat each

Total Cost to Purchase

Purchase Price
$1,320,000
Stamp Duty (Victoria)
$72,600
Transfer/Registration Fee
$2,500
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$1,397,800

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Density
Low Density
Listed
Last Updated
Postcode
3930

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