Lot 21, 23, 24, 25, 29, 1575 South Gippsland Highway, Cranbourne East VIC

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21-23-24-25-29, 1575 South Gippsland Highway, Cranbourne East VIC 3977

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$419k - $460k High Confidence Calculated based on strong search observations.

Land 300 m²

Listed: 17th Aug 2026

Overview

This boutique land release offers a rare opportunity within an established and mature residential neighbourhood in Cranbourne East. The estate features 47 residential lots in total with a compact release of just 11 lots in Stage 1, including Lot 21, 23, 24, 25, and 29. These allotments vary in size approximately between 300 to 436 sqm, with features such as corner locations, dual frontages, and one lot bordering a tree reserve offering extra privacy and no direct rear neighbours.

Positioned directly opposite the Royal Botanic Gardens Cranbourne, the location promises scenic surroundings and direct access to nature, enhancing the lifestyle appeal. It caters especially well to owner-occupiers, first home buyers, and builders looking for a boutique setting with the advantage of a brand-new title without the wait associated with large multi-stage developments.

Strategically accessed via Zoe Street and Prosperous Way, ensuring good connectivity within the estate
Proximity to essential amenities including schools, shopping centres, medical facilities, and recreational clubs all within a short drive contributes to daily convenience
The development sits within one of Melbourne’s fastest growing south-east corridors, providing growth potential and community stability

Ideal for buyers seeking premium homesites in a family-friendly environment, this land release combines the benefits of established neighbourhood infrastructure with the flexibility of a new title. Expected titles are set for late 2027, enabling potential owners to plan and design their homes in one of Victoria’s in-demand growth areas.

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.