299 South Gippsland Highway, Cranbourne, VIC 3977 | Property Value & History | OnTheHouse
 
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299 South Gippsland Highway
Cranbourne VIC 3977

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 119m2
Land area: 669m2
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Last updated 10 Aug 2026
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Property Details for 299 South Gippsland Hwy, Cranbourne

299 South Gippsland Hwy, Cranbourne is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 669m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in August 2018.

Building Type
House
Floor Size
119m2
Land Size
669m2
Local Government
Casey
Lot/Plan
14/LP43290

Last Listing description (August 2018)

CRANBOURNE - WHAT AN OPPORTUNITY for investment and/or potential development! A PRIME property locale on a CORNER block of approx. 670sqm! Within walking distance to schools, shopping centres, local parklands, public transport and everything else this fabulous location has to offer. The house itself is a solid 3BR brick veneer home, with updated kitchen/meals, 3 good-size bedrooms, two with BIRs, family bathroom, separate laundry and open living with gas space heating. Newly carpeted throughout, freshly painted, the addition of split system heating/cooling for year round comfort and new drapery add to this light, bright and airy home. Outside is plenty of yard space for the pets and socialising with friends around the BBQ. The POTENTIAL of this block is outstanding - with the option to build townhouses or keep the existing property & build an income generating investment unit (STCA), or are you someone looking to establish a doctor's surgery, dental surgery or childcare or wellness centre? There really is so much potential with this property.
Please contact the Agent to arrange a private inspection or attend as scheduled.
CRANBOURNE CENTRAL:

The central area of Cranbourne is one of the most established and sought after areas. With a mix of older homes on larger blocks and units. Located within walking distance to all facilities, including the newly renovated Cranbourne Park, a range of restaurants, Cranbourne Secondary College and Cranbourne Train Station. Cranbourne Central provides the perfect combination for any resident. PHOTO ID REQUIRED AT OPEN HOMES.
PROPERTY FEATURES :
* Built - 1972
* Living - 11.8sq approx.
* Land - 668sqm approx.
* Ample car parking space
* Strong investment/development potential
* Doctors/Dental surgery potential
* Childcare Centre potential
* Central Cranbourne location
* Easy access to Eastlink & Peninsula Link
* Close to Cranbourne Home Maker Centre and Thompson Parkway Shopping Centre
* Easy drive to Cranbourne Park Shopping Centre
* Close to local primary and secondary schools
* Close to local shopping strips
* Walk score - 51 - somewhat-very walkable - most errands can be accomplished on foot
* Transit score - 53 - good-excellent transit - many nearby public transportation options

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Property History for 299 South Gippsland Hwy, Cranbourne, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$570,000
07 Aug 2018
Listed for Rent
$290/w
17 Dec 2014
  • 07 Aug 2018
    Sold for $570,000
  • 31 May 2018
    Listed for Sale Not Disclosed
  • 24 Oct 2014
    Listed for Rent - Price not available
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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 10,966 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.
There are currently 62 properties listed for sale, and 35 properties listed for rent in Cranbourne on OnTheHouse. According to Cotality's data, 522 properties were sold in the past 12 months in Cranbourne.

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