260 South Gippsland HighwayCranbourne VIC 3977
Property Details for 260 South Gippsland Hwy, Cranbourne
Last Listing description (May 2019)
Strategically located 27,886sqm site across 5 separate titles, this rare offering is located within one of Australia s strongest growth corridors in Melbourne s booming South East. With exposure to South Gippsland Highway and flexible Activity Centre Zone (ACZ); this site has substantial development upside (STCA)
The site features the following:
- Substantial allotment of approximately 2.78ha
- Neighboring businesses include The Settlement Hotel Cranbourne, Ford and Toyota
- Activity Centre Zone (ACZ)
5 Separate Titles: to be sold as one or individually
1. 260 South Gippsland Highway, Cranbourne (5,405sqm)
2. 4 Milojevic Court, Cranbourne (8,082sqm)
3. 5 Milojevic Court, Cranbourne (7,098sqm)
4. 6 Milojevic Court, Cranbourne (3,963sqm)
5. 7 Milojevic Court, Cranbourne (3,338sqm)
Total land offering: 27,886sqm (2.78ha)
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Property History for 260 South Gippsland Hwy, Cranbourne, VIC 3977
- 04 Jun 2018Listed for Sale Contact Agent
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About 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 10,968 properties. Over the last 5 years, Houses in Cranbourne have seen a 19.95% increase in median value, while Units have seen a 21.29% increase. As at 31 July 2026:
- The median value for Houses in Cranbourne is $761,375 while the median value for Units is $535,033.
- Houses have a median rent of $550 while Units have a median rent of $500.
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