16 Mayfield Road, Cranbourne East, VIC 3977 | Property Value & History | OnTheHouse
FOR SALE

16 Mayfield Road
Cranbourne East VIC 3977

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 13800m2
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Property Details for 16 Mayfield Rd, Cranbourne East

Building Type
Land
Land Size
13800m2
Local Government
Casey
Lot/Plan
31/LP42655

Last Listing description (June 2026)

Located in the heart of one of Melbourne's fastest-growing south-eastern corridors, this substantial landholding of approximately 1.38 hectares (13,800m / 3.4 acres) presents a rare and compelling opportunity for developers, investors or strategic land bankers.Already zoned General Residential Schedule 1 (GRZ1) and surrounded by established and emerging residential estates, the site is perfectly positioned for immediate residential development (STCA) or long-term capital growth in a high-demand location.With strong surrounding infrastructure, proven buyer and rental demand, this is a blue-chip development proposition in a tightly held precinct.Key Highlights: Approx. 1.38Ha / 13,800m / 3.4 acres of prime residential land General Residential Zone Schedule 1 (GRZ1) Positioned amongst established and growing residential estates Ideal for residential subdivision or redevelopment (STCA) Equally suited to investors or land bankers seeking future upsideStrategic Location Advantages: Within 2km of five primary and secondary schools Under 2.5km to Pasadena on Clyde (Coles), Selandra Rise (Woolworths) and Hunt Club Village (Aldi and Woolworths) Approx. 4km to Cranbourne's major Centro Shopping Centre Under 1 km to Casey Fields Sporting Precinct Close to Casey Race Pool, gym facilities and Casey Hospital Existing Cranbourne Train Station approx. 4km awayLarge, well-located land parcels with favourable zoning in Cranbourne East are increasingly scarce. This outstanding offering combines scale, zoning certainty and location to deliver significant development and long-term growth potential. A premium opportunity for the astute developer, investor or land banker in a proven high-growth corridor.Disclaimer: All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided, and interested parties must solely rely on their own enquiries.

Property History for 16 Mayfield Rd, Cranbourne East, VIC 3977

A timeline of how this property has performed in the market
Last Transferred
15 Jan 2004
  • 27 Jan 2026
    Listed for Sale Expressions Of Interest!
  • 15 Jan 2004
    Transferred
  • 22 Feb 2000
    Sold for $246,000
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About Cranbourne East 3977

The size of Cranbourne East is approximately 13.4 square kilometres. There are 35 parks, covering nearly 9.1% of the total area. The population of Cranbourne East in 2016 was 16195 people. By 2021 the population was 24679 showing a population growth of 52.4% in the area during that time. The predominant age group in Cranbourne East is 30-39 years. Households in Cranbourne East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne East work in a trades occupation.In 2021, 71.30% of the homes in Cranbourne East were owner-occupied compared with 76.70% in 2016.

Cranbourne East has 10,759 properties. Over the last 5 years, Houses in Cranbourne East have seen a 18.49% increase in median value, while Units have seen a 25.79% increase. As at 31 May 2026:

  • The median value for Houses in Cranbourne East is $806,957 while the median value for Units is $563,849.
  • Houses have a median rent of $600 while Units have a median rent of $530.
There are currently 85 properties listed for sale, and 18 properties listed for rent in Cranbourne east on OnTheHouse. According to Cotality's data, 546 properties were sold in the past 12 months in Cranbourne east.

Suburb Insights for Cranbourne East 3977

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.