20 Walter Street, Cranbourne, VIC 3977 sold on 17 June 2025 | OnTheHouse
 
SOLD
Sold on 17 Jun 2025 for $736,000

20 Walter Street
Cranbourne VIC 3977

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 119m2
Land area: 853m2
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Property Details for 20 Walter St, Cranbourne

Building Type
Land
Floor Size
119m2
Land Size
853m2
Local Government
Casey
Lot/Plan
91/LP1547

Last Listing description (September 2025)

First Time Offered in 60 Years - A Rare Find in the Heart of Cranbourne!

Positioned on a generous 853m (approx.) allotment with its own title, this outstanding property presents a golden opportunity for developers, investors, or savvy buyers looking to capitalise in one of Melbourne's fastest-growing corridors (STCA).

Key Features:

- Massive 853m (approx.) block with potential for development (STCA)
- Separate title with existing dwelling
- Existing dual cross-over
- Located in a high-demand central Cranbourne location

Convenience is key - just a short stroll to Cranbourne Park Shopping Centre, High Street shops, medical facilities, public transport, Cranbourne train station, and several local schools including Cranbourne Secondary College.

The existing home offers:
- 4 spacious bedrooms
- Generous living area
- Large kitchen with timber flooring
- Excellent rental return potential while awaiting development approval

Whether you're looking to develop, invest, or land bank, this property offers outstanding value and future upside in a location that's second to none.

Opportunities like this are rare - secure your stake in Cranbourne's future today!

For all enquiries, contact John Lauretta directly.

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Property History for 20 Walter St, Cranbourne, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$736,000
17 Jun 2025
  • 17 Jun 2025
    Sold for $736,000
  • 12 Jun 2025
    Listed for Sale $749,000
  • 13 Sep 2016
    Transferred
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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.
There are currently 52 properties listed for sale, and 28 properties listed for rent in Cranbourne on OnTheHouse. According to Cotality's data, 549 properties were sold in the past 12 months in Cranbourne.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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