15 Valepark CrescentCranbourne VIC 3977
Property Details for 15 Valepark Cres, Cranbourne
15 Valepark Cres, Cranbourne is a 3 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 828m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (September 2026)
Approved for Three Townhouses | 828 sqm (approx.) of Prime Land
If you're looking for a property where the hard work has already been done, this is the opportunity you've been waiting for.
Set on a substantial 828 sqm (approx.) allotment in one of Cranbourne's highly sought-after locations, this property comes with an existing permit for three townhouses, offering an exciting opportunity for developers, builders and investors to bring a thoughtfully planned project to life.
The existing home provides a solid starting point, while the generous landholding and approved plans offer the potential to move forward with your next development project.
Positioned close to schools, shopping centres, public transport, parks and everyday amenities, this property combines a sought-after location with an exciting development opportunity.
Whether you're an experienced developer, a builder looking for your next project, or an investor seeking a substantial landholding with an approved three-townhouse development, opportunities like this are becoming increasingly rare.
**An approved development opportunity in a location that continues to attract strong demand.**
Property Features:
- Approved plans and permits for three townhouses
- Generous 828sqm (approx.) allotment
- Existing three-bedroom, one-bathroom home
- Comfortable living and functional floorplan
- Excellent investment or development opportunity
- Live in, lease out, renovate, or demolish and build (STCA where applicable)
- Convenient location close to schools, shops, transport, and parklands
Opportunities like this are increasingly rare. Secure a property that offers immediate flexibility and outstanding future potential in one impressive package.
Contact the TEAM today for more information or to book your private inspection.
Anita: 0415 461 214
Harpreet: 0481 314 949
DISCLAIMER: All stated dimensions in the content and photos are approximate only. Some images have been digitally enhanced and virtually staged for illustrative purposes only.
Due diligence check list:
http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 15 Valepark Cres, Cranbourne, VIC 3977
- 30 Jun 2026Listed for Sale $760,000 - $820,000
- 19 Feb 2022Sold for $682,000
- 09 Feb 2022Listed for Sale $640,000 - $690,000
Recent sales nearby
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0About Cranbourne 3977
The size of Cranbourne is approximately 16.5 square kilometres. There are 47 parks, covering nearly 40.2% of the 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 10,969 properties. Over the last 5 years, Houses in Cranbourne have seen a 16.26% increase in median value, while Units have seen a 20.20% increase. As at 31 August 2026:
- The median value for Houses in Cranbourne is $747,378 while the median value for Units is $531,779.
- Houses have a median rent of $550 while Units have a median rent of $500.
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