40 Cranbourne Drive, Cranbourne, VIC 3977 sold on 19 February 2026 | OnTheHouse
 
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Sold on 19 Feb 2026 for $690,000

40 Cranbourne Drive
Cranbourne VIC 3977

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property Details for 40 Cranbourne Dr, Cranbourne

40 Cranbourne Dr, Cranbourne is a 3 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom House sold in Cranbourne in the last 12 months.

Building Type
House

Last Listing description (February 2026)

An outstanding opportunity to secure a well-located family home or high-performing investment in one of Cranbourne's most convenient pockets.

Positioned on a generous allotment of approximately 621 m², this appealing residence offers immediate comfort with exciting potential to add value in the future (STCA). The home features three well-proportioned bedrooms, a central bathroom and light-filled living and dining areas, complemented by a functional kitchen overlooking a spacious backyard ideal for families and entertaining with a fire pit.

With double car accommodation, excellent street presence and close proximity to schools, shops, public transport and major road connections, this property delivers strong rental appeal and long-term growth potential. A rare opportunity for buyers seeking value, location and versatility this is one not to be missed.

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Property History for 40 Cranbourne Dr, Cranbourne, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$690,000
19 Feb 2026
Listed for Rent
$340/w
22 Sep 2021
  • 19 Feb 2026
    Sold for $690,000
  • 10 Feb 2026
    Listed for Sale $650,000 - $715,000
  • 15 Sep 2020
    Listed for Rent $340 / week
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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 10,953 properties. Over the last 5 years, Houses in Cranbourne have seen a 33.71% increase in median value, while Units have seen a 39.76% increase. As at 28 February 2026:

  • The median value for Houses in Cranbourne is $773,428 while the median value for Units is $546,571.
  • Houses have a median rent of $540 while Units have a median rent of $483.
There are currently 54 properties listed for sale, and 31 properties listed for rent in Cranbourne on OnTheHouse. According to Cotality's data, 546 properties were sold in the past 12 months in Cranbourne.

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Ahmad Klank
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Bow Residential
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