403 South Gippsland Highway, Cranbourne North, VIC 3977 | Property Value & History | OnTheHouse
 
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403 South Gippsland Highway
Cranbourne North VIC 3977

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 116m2
Land area: 700m2
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Last updated 31 Aug 2026
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Property Details for 403 South Gippsland Hwy, Cranbourne North

403 South Gippsland Hwy, Cranbourne North is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1983. The property has a land size of 700m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in February 2015.

Building Type
House
Year Built
1983
Floor Size
116m2
Land Size
700m2
Local Government
Casey
Lot/Plan
4/LP130553

Last Listing description (January 2026)

Set on a generous allotment of approximately 700sqm, this well-located 3-bedroom home presents an exciting opportunity for developers, investors, or families seeking future potential. Perfectly positioned in the highly sought-after Cranbourne North pocket, the property is within close reach of quality schools including Rangebank Primary, Courtenay Gardens Primary, Cranbourne Carlisle Primary, Lyndhurst Secondary College, and Alkira Secondary College. Everyday convenience is at your doorstep with nearby shopping at Thompson Parkway, Springhill Shopping Centre, Cranbourne Park and Cranbourne Homemaker Centre, as well as public transport links via Merinda Park Train Station.

The existing residence offers comfortable living, featuring three bedrooms, master bedroom with full ensuite, a lounge, a practical kitchen with gas cooking and adjoining dining area, central bathroom, separate toilet, and laundry. Added comforts include gas ducted heating, an air conditioner in the lounge, and a double carport with front roller door. A large backyard enhances the appeal, providing ample outdoor space or scope for redevelopment (STCA). Currently leased, this property delivers immediate rental return while offering outstanding long-term potential.

The main features of the property:

- Land size approx. 700sqm
- 3 bedrooms
- 2 bathrooms
- Master with ensuite
- Main bathroom with bathtub
- Separate toilet
- Lounge area
- Dining area
- Kitchen with Stainless steel appliances
- Dishwasher
- Double carport
- Heating
- Airconditioning
- Fan
- Hardwood and carpet flooring
- Garden shed
- Spacious yard

Chattels: All Fittings and Fixtures as Inspected as Permanent Nature
Deposit Terms: 10% of Purchase Price
Preferred Settlement: 30/45/60 Days

Located in the prestigious The Avenue Estate. Close to,
- St Therese's Primary School
- Courtenay Gardens Primary School
- Rangebank Primary School
- Lyndhurst Secondary College
- Alkira Secondary College
- Merinda Park Train Station
- Public Transport
- Thompson Park, Cranbourne Park shopping centre
- Cranbourne Lifestyle Centre
- Parks and playgrounds
- Restaurants and Cafes
- Hospitals and medical facilities
- Sporting facilities
- M1 freeway
- Highways

For Top Quality Service and your Real Estate needs, please contact Karan Singh today and make this your next home.

PHOTO ID REQUIRED AT OPEN HOMES

Due Diligence Checklist
Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its accuracy, and interested persons should rely on their own enquiries. Prospective purchasers are requested to take such action as is necessary to satisfy themselves of any relevant matters. The photo is for demonstrative purposes only. You can learn more by visiting the due diligence checklist page on the Consumer Affairs Victoria website https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence

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Property History for 403 South Gippsland Hwy, Cranbourne North, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$312,500
07 Feb 2015
Listed for Rent
$470/w
07 May 2025
  • 10 Sep 2025
    Listed for Sale $749,000 - $799,000
  • 12 Mar 2025
    Listed for Rent $470 / week
  • 24 Dec 2021
    Listed for Rent $375 / week
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About Cranbourne North 3977

The size of Cranbourne North is approximately 10.3 square kilometres. There are 35 parks, covering nearly 12.5% of the total area. The population of Cranbourne North in 2016 was 20110 people. By 2021 the population was 24683 showing a population growth of 22.7% in the area during that time. The predominant age group in Cranbourne North is 0-9 years. Households in Cranbourne North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne North work in a professional occupation.In 2021, 72.20% of the homes in Cranbourne North were owner-occupied compared with 74.60% in 2016.

Cranbourne North has 8,964 properties. Over the last 5 years, Houses in Cranbourne North have seen a 17.85% increase in median value, while Units have seen a 26.72% increase. As at 31 July 2026:

  • The median value for Houses in Cranbourne North is $812,320 while the median value for Units is $581,066.
  • Houses have a median rent of $595 while Units have a median rent of $520.
There are currently 44 properties listed for sale, and 28 properties listed for rent in Cranbourne north on OnTheHouse. According to Cotality's data, 343 properties were sold in the past 12 months in Cranbourne north.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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