27 Jessfield Terrace, Cranbourne East, VIC 3977 | Property Value & History | OnTheHouse
FOR SALE

27 Jessfield Terrace
Cranbourne East VIC 3977

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 353m2
Save

Property Details for 27 Jessfield Tce, Cranbourne East

27 Jessfield Tce, Cranbourne East is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 353m2.This Property is currently listed for sale with The Avenue Property Co

Building Type
House
Land Size
353m2
Local Government
Casey
Lot/Plan
11/PS646905

Last Listing description (June 2026)

The Avenue Property Co. is proud to present this brand-new House & Land Package in one of Cranbourne East's most sought-after locations - a thoughtfully designed single-storey dual-living residence offering exceptional flexibility, investment potential, and lifestyle appeal on a north-facing 353m allotment.

Designed to accommodate a range of living arrangements, this unique 5-bedroom home is intelligently divided into two genuinely separate zones:
- A spacious 3-bedroom, 2-bathroom residence

- A fully self-contained 2-bedroom, 1-bathroom residence

Each zone features its own living area and independent access, creating the perfect opportunity for:
Multi-generational families seeking both connection and privacy
Investors looking to maximise returns with dual rental income from a single title
Owner-occupiers wanting to offset mortgage repayments with additional rental income
Buyers seeking a future-proof home that can adapt as their needs change

Best of all, this versatile floorplan can still be customised to suit your individual requirements.

TURNKEY INCLUSIONS
Guaranteed fixed site costs, including rock removal
7-Star Energy Rating and full developer compliance
LED downlights throughout
Stone benchtops to kitchen and bathrooms
Premium 900mm cooking appliances
Split-system heating and cooling to all bedrooms and living areas
Flyscreens to all openable windows
Blockout blinds to all clear-glazed windows and sliding doors
Security alarm system
Timber-look laminate flooring
Coloured concrete driveway

THE LOCATION

Positioned in a thriving and family-friendly pocket of Cranbourne East, this home offers exceptional convenience and lifestyle appeal. Families will appreciate the proximity to quality schools, shopping centres, medical facilities, and a wide range of everyday amenities.

Enjoy easy access to local attractions including the Casey Fields Sporting Complex, Casey RACE Aquatic Centre, and the renowned Royal Botanic Gardens Cranbourne. Shopping is well catered for with nearby Shopping on Clyde, Hunt Club Village, and Cranbourne Park Shopping Centre.

Commuters will benefit from excellent connectivity via the South Gippsland Highway, Western Port Highway, Cranbourne Train Station, Merinda Park Station, and multiple nearby bus routes, providing easy access throughout Melbourne's south-east.

THE TIMELINE

Construction is anticipated to commence in late 2026, with land titling expected prior to a projected handover in mid-2027. This provides ample time to organise finance, plan your investment strategy, or prepare for your future move.

THE FINANCIAL ADVANTAGE

This opportunity delivers significant financial benefits for both owner-occupiers and investors:

Pay stamp duty on the land component only, not the completed home. Eligible first-home buyers may benefit from available stamp duty concessions, the $10,000 First Home Owner Grant (FHOG), and the 5% Deposit Scheme*. Investors can continue to access applicable tax benefits, including negative gearing and capital gains tax concessions, subject to individual circumstances.

Whether you're building your first home, expanding your investment portfolio, or creating the ideal multi-generational living arrangement, this property represents exceptional value in a thriving growth corridor.

Contact The Avenue Property Co. today to arrange your complimentary new home consultation. Opportunities like this are rare and highly sought after.

Due Diligence Checklist:
https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence

Disclaimer: All stated dimensions are approximate. Particulars provided are for general information purposes only and do not constitute any representation by the vendor or agent. Purchasers should make their own enquiries and rely on their own due diligence.

Property History for 27 Jessfield Tce, Cranbourne East, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$412,000
17 Jun 2025
  • 24 May 2026
    Listed for Sale $785,600*
  • 16 Jan 2026
    Listed for Sale $736,000 - $761,000
  • 17 Jun 2025
    Sold for $412,000
Sign in to see more transactions
Commute Calculator

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 10,905 properties. Over the last 5 years, Houses in Cranbourne East have seen a 13.20% increase in median value, while Units have seen a 24.78% increase. As at 31 July 2026:

  • The median value for Houses in Cranbourne East is $790,448 while the median value for Units is $576,283.
  • Houses have a median rent of $600 while Units have a median rent of $530.
There are currently 116 properties listed for sale, and 34 properties listed for rent in Cranbourne east on OnTheHouse. According to Cotality's data, 521 properties were sold in the past 12 months in Cranbourne east.

Suburb Insights for Cranbourne East 3977

Market Insights
Cranbourne East Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Cranbourne East Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.