40 Cranbourne Drive, Cranbourne, VIC 3977 | House for sale | OnTheHouse
FOR SALE
$650,000 - $715,000

40 Cranbourne Drive
Cranbourne VIC 3977

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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The Perfect Family Home or Smart Investment 

An outstanding opportunity to secure a well-located family home or high-performing investment in one of Cranbourne's most convenient pockets.
Positioned on a generous allotment of approximately 621 m², this appealing residence offers immediate comfort with exciting potential to add value in the future (STCA). The home features three well-proportioned bedrooms, a central bathroom and light-filled living and dining areas, complemented by a functional kitchen overlooking a spacious backyard ideal for families and entertaining with a fire pit.
With double car accommodation, excellent street presence and close proximity to schools, shops, public transport and major road connections, this property delivers strong rental appeal and long-term growth potential. A rare opportunity for buyers seeking value, location and versatility this is one not to be missed.
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Property Details for 40 Cranbourne Dr, Cranbourne

40 Cranbourne Dr, Cranbourne is a 3 bedroom, 1 bathroom House with 1 parking spaces. The place is currently for sale with Bow Residential.

Building Type
House
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About Cranbourne 3977

The size of Cranbourne is approximately 16.5 square kilometres. It has 47 parks covering nearly 40.2% of 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 10,959 properties. Over the last 5 years, Houses in Cranbourne have seen a 35.15% increase in median value, while Units have seen a 40.50% increase. As at 31 January 2026:

  • The median value for Houses in Cranbourne is $766,478 while the median value for Units is $545,599.
  • Houses have a median rent of $540 while Units have a median rent of $480.
There are currently 47 properties listed for sale, and 26 properties listed for rent in Cranbourne on OnTheHouse. According to Cotality's data, 574 properties were sold in the past 12 months in Cranbourne.

Suburb Insights for Cranbourne 3977

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Ahmad Klank
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Bow Residential
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.