38 Mayfield Road, Cranbourne East, VIC 3977 | Land for sale | OnTheHouse
 
FOR SALE
$2,550,000-$2,750,000

38 Mayfield Road
Cranbourne East VIC 3977

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Land area: 7371m2
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Unlock Infinite Potential at 38 Mayfield Rd, Cranbourne East

Seize the opportunity in one of Melbourne's fastest-growing corridors with this exceptional property! Located in the coveted GRZ1 zoning area, 38 Mayfield Rd, Cranbourne East is a goldmine for developers, investors, and land bankers.
Why 38 Mansfield ?
1.Expansive Land
This expansive 7371 sqm (approx.) of flat land offers you a rare canvas to bring your visionary projects to life.
2. Strategic Investment in GRZ1 Zoning
Positioned perfectly in a high-growth area, the site is primed for future development and significant capital gains (STCA). This zoning magnifies the property's potential, allowing more flexible development options.
3.Prime Location for Every Convenience
Minutes away from top schools, bustling shopping centers, efficient transport networks, and major arterials, it's the perfect starting point for your next big venture.
Whether you're envisioning a bustling residential development, a lucrative investment portfolio, or a prime land bank hold, 38 Mayfield Rd is your gateway to significant returns in Cranbourne East's evolving landscape.
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Property Details for 38 Mayfield Rd, Cranbourne East

Building Type
Land
Land Size
7371m2
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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 10,816 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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Manjit Singh
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Vats Jaitly
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Raine & Horne Cranbourne
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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.

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