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3 Cobain Way, Cranbourne East VIC 3977

$465,000-$480,000

Land 350 m²

Listed: 51 days ago

Updated: 12 hours ago

Overview

This titled land parcel at 3 Cobain Way in Cranbourne East presents an outstanding opportunity for families, first-home buyers, and investors seeking a well-located site for their dream home. Offering an approximate land area of 350 square meters with a rare 14-meter frontage, the block’s dimensions provide a versatile foundation for a variety of contemporary home designs, allowing flexibility with builders and plans.

One of the standout features is the allotment’s adjacency to a beautiful park and open space directly opposite, enriching the lifestyle appeal by offering a peaceful outlook and recreational proximity which is highly desirable for families and those valuing green public spaces.

The land is fully fenced and ready to build upon, reducing barriers to action for buyers ready to commence construction. Its location benefits from convenient access to nearby amenities such as quality schools, Cranbourne Railway Station, Casey RACE and sporting facilities, as well as essential healthcare services including Cranbourne Community Hospital. Established shopping, dining, and community essentials are also easily accessible, enhancing daily living convenience.

Overall, this land parcel is strategically positioned to support an active family lifestyle while providing a solid investment in one of Cranbourne East’s sought-after pockets. The combination of frontage, size, and location opposite parkland makes this a rare find suited for those wanting an immediate opportunity to build and embrace community living.

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.