24 Russell Street, Cranbourne, VIC 3977 | House for sale | OnTheHouse
 
FOR SALE
Fixed Date Sale ($760,000 - $820,000)

24 Russell Street
Cranbourne VIC 3977

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 678m2
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A SOUGHT AFTER OPPORTUNITY IN THE HEART OF CENTRAL CRANBOURNE!!

FIXED DATE SALE CLOSING TUESDAY 22ND OF SEPTEMBER!!
Positioned on an impressive 678m² allotment in the heart of Cranbourne, within the Activity Centre precinct, 24 Russell Street presents an exceptional opportunity for home buyers, investors, developers or those seeking a property with potential for professional use.
Exceptionally neat and beautifully maintained, the existing home offers three generous bedrooms, stunning hardwood floors, an updated kitchen with ample cupboard and bench space, and a separate, light-filled lounge.
The real excitement, however, lies in the land and its future potential. With excellent driveway access and a clear, open backyard with no trees, sheds or outbuildings, the property provides an outstanding blank canvas while currently being securely gated. Explore the possibilities of a multi-unit development, or retain the existing residence and build an additional dwelling at the rear, all S.T,C,A.
The property's location and generous on-site parking potential may also lend itself to consulting rooms, allied health or other professional uses, subject to the relevant approvals.
All of this is positioned only moments from Cranbourne's High Street, Cranbourne Shopping Centre, primary and secondary schools, public transport and the extensive shopping, dining and services of central Cranbourne.
Whether you're searching for your first home, next investment, development opportunity or a strategically positioned property with genuine future upside, 24 Russell Street is a must-see.
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Property Details for 24 Russell St, Cranbourne

24 Russell St, Cranbourne is a 3 bedroom, 1 bathroom House. The property has a land size of 678m2. The place is currently for sale with Stockdale & Leggo Central.

Building Type
House
Land Size
678m2
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About Cranbourne 3977

The size of Cranbourne is approximately 16.5 square kilometres. There are 47 parks, covering nearly 40.2% of the total area. The population of Cranbourne in 2016 was 20094 people. By 2021 the population was 21281 showing a population growth of 5.9% in the area during that time. The predominant age group in Cranbourne is 30-39 years. Households in Cranbourne are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne work in a trades occupation.In 2021, 63.50% of the homes in Cranbourne were owner-occupied compared with 66.20% in 2016.

Cranbourne has 10,971 properties. Over the last 5 years, Houses in Cranbourne have seen a 19.95% increase in median value, while Units have seen a 21.29% increase. As at 31 July 2026:

  • The median value for Houses in Cranbourne is $761,375 while the median value for Units is $535,033.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 62 properties listed for sale, and 37 properties listed for rent in Cranbourne on OnTheHouse. According to Cotality's data, 520 properties were sold in the past 12 months in Cranbourne.

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Keith Sloan
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Stockdale & Leggo Central
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