59 Stawell StreetCranbourne VIC 3977
Property Details for 59 Stawell St, Cranbourne
59 Stawell St, Cranbourne is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1975. The property has a land size of 751m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 4 bedroom Unit sold in Cranbourne in the last 12 months.
Last Listing description (July 2026)
Promoting prime potential in the heart of Cranbourne, this approximately 751sqm rectangular allotment presents a lucrative opportunity for investors, builders and developers to capitalise on the site's exceptional convenience and establish higher-density dwellings (STCA). Nestled within the Activity Centre Zone Schedule 1, the property encourages higher-density residential development and complementary mixed-use options, including retail, commercial, education and community facilities (STCA).Positioned on the block are two existing units, each comprising two bedrooms, one bathroom, a kitchen and a loungeroom, offering practical and low-maintenance accommodation with strong rental appeal. The dual-unit configuration provides excellent scope for holding income while considering future redevelopment or planning approvals (STCA).The generous land size combined with its strategic zoning presents significant potential for redevelopment or multi-dwelling projects (STCA), making it an attractive proposition for developers and long-term investors alike.Ideally located close to schools, shopping facilities, public transport and Cranbourne's central amenities, this property offers outstanding convenience and strong growth prospects in a highly sought-after location.Call Matt Dewan 0416 638 019 to organise private inspection.
Property History for 59 Stawell St, Cranbourne, VIC 3977
- 05 Jun 2026Sold
- 28 May 2026Listed for Sale $800,000 - $880,000
- 03 Mar 2025Sold for $650,000
Recent sales nearby
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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 23.55% increase in median value, while Units have seen a 25.70% increase. As at 30 June 2026:
- The median value for Houses in Cranbourne is $770,782 while the median value for Units is $539,792.
- Houses have a median rent of $550 while Units have a median rent of $493.
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