40 Mayfield RoadCranbourne East VIC 3977
Property Details for 40 Mayfield Rd, Cranbourne East
40 Mayfield Rd, Cranbourne East is a 3 bedroom, 1 bathroom AcreageSemi-rural with 4 parking spaces. The property has a land size of 7358m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom AcreageSemi-rural sold in Cranbourne East in the last 12 months.
Last Listing description (February 2026)
An amazing opportunity like this doesn't come that often!
Cranbourne East is one of South East's well-known suburbs which offers great connectivity within the township & has outstanding facilities including Casey Fields sports and recreation precinct, CASEY Race swimming & fitness centre, Cranbourne Park Shopping Centre, and reputed public and private schools including Cranbourne East Primary & Secondary College, Casey Grammer, and St Peters to name a few. Monash Fwy, South Gippsland Hwy, Westernport Hwy, and Cranbourne Train Station are within easy reach.
This property represents a fantastic proposition with the current General Residential Zone Schedule 1 and the possibility for low/medium density housing - Collison Estate Development Plan. This prime development site (S.T.C.A) is an excellent consideration for the astute developer/investor with a tenant currently in residence providing immediate returns whilst development plans are getting finalised for the Collison Estate, which is already in the advanced stage with the City of Casey.
The draft Development Plan provides guidance for future development and planning permit applications in the Collison Estate. Future development of Collison Estate includes up to 1,700 residential allotments, a local activity centre, a community centre, non-residential uses in a residential zone and open space networks. Once the development plan is approved, future planning permit applications are exempt from public notice under the Casey Planning Scheme.
Contact Rick or Lin today for more information or to arrange a private inspection!
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DISCLAIMERS: Every precaution has been taken to establish the accuracy of the above information, however, it does not constitute any representation by the vendor, agent, or agency. Our floor plans are for representational purposes only and should be used as such. We accept no responsibility and disclaim all liability with respect to any errors, omissions, inaccuracies, or misstatements in the property advertisement or property brochure.
Property History for 40 Mayfield Rd, Cranbourne East, VIC 3977
- 19 Feb 2026Sold for $2,550,000
- 04 Jun 2025Listed for Sale $2,600,000 to $2,750,000
- 06 May 2025Listed for Rent $590 / week
Recent sales nearby
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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 10,756 properties. Over the last 5 years, Houses in Cranbourne East have seen a 21.46% increase in median value, while Units have seen a 24.94% increase. As at 30 April 2026:
- The median value for Houses in Cranbourne East is $807,709 while the median value for Units is $568,328.
- Houses have a median rent of $600 while Units have a median rent of $530.
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