Home/Properties/Cranbourne/31 Marklin Street
31 Marklin Street, Cranbourne$659,000
Back to results
For Salehouse

31 Marklin Street

Cranbourne, VIC 3977, Australia
$629,000 – $689,000
3 bed 1 bath 1 car

Compare with other listings

See it side-by-side · winner per row · AI verdict.

Image 1
Image 2
Image 3

Photos via the original listing. All photographs remain the property of their respective owners.

Maps & AI

Ask StMate AI

Loading map…

AI Property Assistant

Ask anything about this property

Hi! I'm your AI property assistant. Ask me anything about 31 Marklin Street — pricing, schools, transport, investment potential, and more.

Approximate location shown. Contact agent for exact address.

Gallery

Property Photos

Listing description

About this property

CRANBOURNE: Opportunities like this are few and far between. Set in a well-established pocket of Cranbourne, 31 Marklin Street presents an outstanding investment and development opportunity with approved plans (STCA) for three units. Better still, the property is currently leased, providing an immediate rental income while you plan your next project. Whether you're a seasoned developer, savvy investor, or land banker looking to secure a premium site in a thriving growth corridor, this property ticks all the right boxes. Enjoy the benefit of holding a tenanted property while taking advantage of the approved development potential. The existing home offers comfortable accommodation with four generous bedrooms, a separate study, a spacious living area, a functional kitchen with ample storage, a central bathroom, separate laundry, and a large covered alfresco area, making it an appealing rental property with strong tenant demand. Main Features of the Property: Approved plans (STCA) for three units Currently leased immediate rental return Four spacious bedrooms Separate study/home office Functional kitchen with ample storage Spacious living area Central family bathroom Separate laundry Covered alfresco entertaining area Excellent redevelopment, investment, or land banking opportunity Conveniently positioned close to all essential amenities, including: Cranbourne Shopping Centre and High Street Cranbourne Train Station Primary and secondary schools Childcare centres Medical facilities and Casey RACE Parks, reserves and sporting facilities Easy access to South Gippsland Highway, Thompsons Road and Western Port Highway Whether your strategy is to develop immediately, hold for future capital growth, or enjoy a secure rental income while preparing for redevelopment, this property offers flexibility, convenience, and enormous potential in one of Melbourne's most sought-after growth corridors. A property with income today and possibilities for tomorrowthis is an opportunity not to be missed. PHOTO ID REQUIRED AT ALL INSPECTIONS Every care has been taken to verify the accuracy of the information contained in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are advised to make their own enquiries and satisfy themselves regarding all aspects of the property.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
1
Listed
2 weeks ago

Repayment calculator

$3,195/month
$1,597 /fortnight
Loan $527,200 at 6.10% over 30 years

Upfront costs

Deposit$131,800
Stamp duty$34,610
Conveyancing (est.)$2,000
Total upfront$168,410
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.

Know what you can borrow

Talk to a mortgage broker about pre-approval and your best rate — free, no obligation.

Inspections

Interested in inspecting this property?

Check the next open inspection time or request a private viewing on Domain.

Book inspection on Domain

Work at Area Specialist Casey? Claim this listing to sync your ads with StMate.

Neighbourhood

Living in Cranbourne

This 3-bedroom house in Cranbourne, VIC 3977 sits within reach of public transport, local shops and nearby schools. It is listed 10% below the $733,950 median of 67 comparable houseswithin 5 km.

Schools near Cranbourne

  • Lighthouse Christian College Cranbournecombined · Prep-12 · CoEd
  • Cranbourne Carlisle Primary Schoolprimary · Prep-6 · CoEd
  • Cranbourne Park Primary Schoolprimary · Prep-6 · CoEd
  • Cranbourne Primary Schoolprimary · Prep-6 · CoEd
  • Cranbourne West Primary Schoolprimary · Prep-6 · CoEd
  • Rangebank Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Grace St/High St (bus)735 m away
  • The Tyre Factory386 m away
  • Unnamed434 m away
  • Unnamed489 m away
  • Unnamed674 m away

Cranbourne at a glance

Full suburb profile
Population
21,281
Median age
35
Household income
$1,477/wk
Median rent
$342/wk
Median mortgage
$1,627/mo

Source: ABS Census.

Generate Property Report

Get a comprehensive analysis of this property across 10 data dimensions including schools, zoning, traffic, transport, noise, flood risk, bushfire, crime, development, and heritage.

Takes 10-20 seconds Uses 1 report credit

Suburb market

Suburb price trend

Cranbourne price trend

Median sold · House 3 bed

Compound growth +2.7% / yr over 4 yrs

$690kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Cranbourne market

This listing

Price history

Price history

Listing price changes

1 price change recorded for this property

See exactly how this listing's price has moved over time— a paid feature. The figures aren't shown publicly.

Within 5km

Nearby Properties

View all in Cranbourne