1 Latrobe St, Cranbourne is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 646m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 4 bedroom House sold in Cranbourne in the last 12 months.
This unique family home presents an incredible opportunity for homeowners, renovators, or savvy investors looking to unlock its full potential. Whether you choose to enhance the existing home or plan a future development (STCA), the possibilities here are endless.
Inside, the home offers:
4 spacious bedrooms, each with built-in robes
A stunning timber kitchen with quality all-gas appliances
Separate lounge and family meals area
9ft ceilings throughout
Ducted heating and split system air conditioning for year-round comfort
Step outside to find:
Two single lock-up garages/workshops, complete with a toilet
A generous 646m (approx.) allotment within the Residential Growth Zone, offering potential for multi-unit development (STCA)
Location Highlights:
Perfectly positioned within walking distance to High Street, Aldi, medical centres, and Cranbourne Park Shopping Centre, you'll enjoy easy access to cafes, restaurants, and everyday conveniences. Families will appreciate the proximity to local schools, while commuters will benefit from Cranbourne train station, bus interchange, and quick connections to the M1 Freeway and Eastlink. Currently leased until Jan 2026.
This is an exceptional chance to secure a centrally located property with multiple avenues to add value - don't miss it!
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 10,957 properties. Over the last 5 years, Houses in Cranbourne have seen a 37.17% increase in median value, while Units have seen a 41.20% increase. As at 31 December 2025:
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