111 Clarendon StreetCranbourne VIC 3977
Property Details for 111 Clarendon St, Cranbourne
Last Listing description (December 2025)
Seize this rare chance in the very heart of Cranbourne's Activity Centre zoning! Positioned on a superb 766m allotment, this property presents endless potential for astute buyers, investors, and developers.The existing 3-bedroom, 2-bathroom home features generous living spaces but requires repairoffering you the option to renovate and retain, or clear the site for a full-scale redevelopment. With a clean, level block free from hindering trees or outbuildings, the pathway to subdivision is straightforward.Development possibilities include:* Retain the existing residence and construct 2 townhouses at the rear S.T.C.A* Or, demolish and maximise the site with up to 5 townhouses S.T.C.A.The location is unbeatablejust moments to Cranbourne Train Station, Cranbourne High Street shopping, and directly opposite Cranbourne Secondary College. Everything you need is right at your doorstep.Opportunities of this calibre are tightly held and rarely offered. This property will be solddon't miss out!AUCTION TERMS10% Payable upon signingSettlement 30/45/60 Days
Property History for 111 Clarendon St, Cranbourne, VIC 3977
- 29 Aug 2025Sold for $712,000
- 21 Aug 2025Listed for Sale $630,000 to $690,000
- 26 Jan 2012Listed for Rent - Price not available
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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 10,961 properties. Over the last 5 years, Houses in Cranbourne have seen a 37.34% increase in median value, while Units have seen a 39.61% increase. As at 30 November 2025:
- The median value for Houses in Cranbourne is $753,732 while the median value for Units is $530,499.
- Houses have a median rent of $535 while Units have a median rent of $480.
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