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34, 36, 38 Collison Road, Cranbourne East VIC 3977

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$3.25M - $3.5M Medium Confidence Calculated based on our search observations.

Land 7.22 acres

Listed: 5th Aug 2026

Updated: 24th Aug 2026

Overview

This substantial land parcel located at 34, 36, 38, and 40 Collison Road in Cranbourne East represents a rare and promising opportunity for residential development in a fast-growing area of Melbourne's southeast. Spanning approximately 2.92 hectares (around 29,230 square meters), the property consists of four generously sized blocks, each roughly 7,300 square meters. This expanse offers significant flexibility and potential for creating a new neighbourhood comprising over 57 residential lots, subject to council approval.

The location benefits from Cranbourne East's reputation as a family-friendly suburb, prized for its blend of suburban tranquillity and access to urban conveniences. Its ongoing infrastructure growth suggests sustained demand and capital appreciation, making it attractive for developers and investors alike.

Several established and respected educational institutions are within close reach, including Cranbourne East Primary School, Cranbourne East Secondary College, and Casey Grammar School, enhancing the appeal for families aiming for accessible schooling options.

Residents would enjoy proximity to extensive recreational facilities such as the Casey Fields sports complex, multiple playgrounds, and miles of walking and cycling trails linking local parks, supporting an active lifestyle and community engagement.

The site’s location also ensures straightforward access to retail and dining amenities via nearby shopping centres like Cranbourne Park and Selandra Rise, providing convenience for daily living.

Strategic transport links via the South Gippsland Highway and Monash Freeway facilitate efficient commutes to Melbourne's CBD and surrounding areas, complemented by the proximity of Cranbourne Train Station offering reliable public transit options.

In summary, this landholding is well-suited for developers targeting growth-oriented projects tailored to diverse buyer demands, from single-family homes to townhouse complexes, benefiting from a growing regional market and a comprehensive range of lifestyle and community infrastructure.

Please note all prospective parties are advised to undertake their due diligence as the information is provided as a guide from sources deemed reliable but is not guaranteed.

Local Market Insights

In Cranbourne East, Quiet Listings observed 6 new parcels of land entering the market over the last 30 days, down from 11 during the previous 30-day period, with an average advertised asking price of $1,830,667. The property type mix of listed properties is predominantly Houses at 83%, followed by townhouses (7%), and units (4%). The most active agency for land in the Cranbourne East area is currently OBrien Real Estate, representing 17% of new listings, followed by Stonebridge Property Group with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.