1261 Ballarto Road, Cranbourne East, VIC 3977 | Land for sale | OnTheHouse
 
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1261 Ballarto Road
Cranbourne East VIC 3977

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Land area: 3ac
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Unique Development Opportunity in Approved Cranbourne East PSP

Introducing one of Victoria’s most promising opportunities now available through The Company Real Estate. Positioned at 1261 Ballarto Road in Cranbourne East, this expansive 1.28-hectare property comes with a generous land-holding zoned for a town centre precinct.
Situated in the heart of the Cranbourne East PSP and nestled within the neighbourhood activity centre, this property capitalises on Cranbourne East's status as Australia's largest growth rate suburb, making it an invaluable asset. Surrounded by existing and future residential developments and close to a future employment precinct, this property enjoys excellent accessibility, especially with ongoing upgrades to Ballarto Road.
The designs feature a supermarket, specialty retail outlets, a medical centre, and an impressive 218 car spaces (STCA) with this property offering unparalleled potential. Boasting a remarkable 223-meter dual street frontage along Ballarto Road and Adrian Street and located less than 400 meters from the South Gippsland Highway, accessibility is second to none.
With a mere 40-minute connection to Melbourne via the highway and Cranbourne train station just six minutes away, convenience is paramount. Surrounding the property are burgeoning land estates and easy access to Cranbourne East's future commercial and employment hub, along with esteemed educational institutions like Casey Grammar and Cranbourne East Primary.
As Cranbourne East is poised to achieve nearly 70% growth to over 46,000 individuals by 2041, this property represents a rare chance to establish a thriving town center. Don't miss this opportunity to leave your mark through the development of a vibrant community hub.
Key Highlights :
Approved Town Centre Development Site In the Cranbourne East PSP
Strategic proximity to existing and future residential developments
Excellent accessibility with ongoing upgrades to Ballarto Road
Opposite to future employment precinct
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Property Details for 1261 Ballarto Rd, Cranbourne East

Building Type
Land
Land Size
3ac
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About Cranbourne East 3977

The size of Cranbourne East is approximately 13.4 square kilometres. It has 35 parks covering nearly 9.1% of total area. The population of Cranbourne East in 2016 was 16195 people. By 2021 the population was 24679 showing a population growth of 52.4% in the area during that time. The predominant age group in Cranbourne East is 30-39 years. Households in Cranbourne East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne East work in a trades occupation.In 2021, 71.30% of the homes in Cranbourne East were owner-occupied compared with 76.70% in 2016.

Cranbourne East has 10,817 properties. Over the last 5 years, Houses in Cranbourne East have seen a 31.98% increase in median value, while Units have seen a 39.35% increase. As at 30 November 2025:

  • The median value for Houses in Cranbourne East is $798,894 while the median value for Units is $569,620.
  • Houses have a median rent of $590 while Units have a median rent of $515.
There are currently 96 properties listed for sale, and 36 properties listed for rent in Cranbourne east on OnTheHouse. According to Cotality's data, 527 properties were sold in the past 12 months in Cranbourne east.

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