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16 Mayfield Road

Cranbourne East, VIC 3977, Australia
$550,000
13800m²

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Area Price Guide
$517,000$583,000

Indicative price guide range

🏘️
70
Comparable
📊
$800,000
Area median
⚖️
-31%
vs median
📐
$40
Per m²
📏
13800 m²
Land
🗓️
1 month ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

9 dimensions

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Bushfire risk

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Heritage

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About this property

Located in the heart of one of Melbourne's fastest-growing south-eastern corridors, this substantial landholding of approximately 1.38 hectares (13,800m² / 3.4 acres) presents a rare and compelling opportunity for developers, investors or strategic land bankers. Already zoned General Residential Schedule 1 (GRZ1) and surrounded by established and emerging residential estates, the site is perfectly positioned for immediate residential development (STCA) or long-term capital growth in a high-demand location. With strong surrounding infrastructure, proven buyer and rental demand, this is a blue-chip development proposition in a tightly held precinct. Key Highlights: Approx. 1.38Ha / 13,800m² / 3.4 acres of prime residential land General Residential Zone Schedule 1 (GRZ1) Positioned amongst established and growing residential estates Ideal for residential subdivision or redevelopment (STCA) Equally suited to investors or land bankers seeking future upside Strategic Location Advantages: Within 2km of five primary and secondary schools Under 2.5km to Pasadena on Clyde (Coles), Selandra Rise (Woolworths) and Hunt Club Village (Aldi and Woolworths) Approx. 4km to Cranbourne's major Centro Shopping Centre Under 1 km to Casey Fields Sporting Precinct Close to Casey Race Pool, gym facilities and Casey Hospital Existing Cranbourne Train Station approx. 4km away Large, well-located land parcels with favourable zoning in Cranbourne East are increasingly scarce. This outstanding offering combines scale, zoning certainty and location to deliver significant development and long-term growth potential. A premium opportunity for the astute developer, investor or land banker in a proven high-growth corridor. Disclaimer: All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided, and interested parties must solely rely on their own enquiries.

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $2,666/month
    $1,333 /fortnight
    Loan $440,000 at 6.10% over 30 years

    Upfront costs

    Deposit$110,000
    Stamp duty$28,070
    Conveyancing (est.)$2,000
    Total upfront$140,070
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Land Area
    13800m²
    Listed
    1 month ago

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