40 Russell Street, Cranbourne, VIC 3977
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$770,000 - $820,000
40 Russell Street, Cranbourne, VIC 3977
4
2
3
674m²
141m²
•
house - house
Property Description
Listed on 20 July 2026
Positioned on a prominent allotment and set within the Activity Centre Zone, this immaculately maintained property presents an outstanding opportunity for both families and developers alike, with clear potential for high-density development (STCA).
The existing home is in excellent condition and offers comfortable, spacious living with four bedrooms plus a study (or five bedrooms), all with built-in robes, and two bathrooms.
Multiple living zones include a open plane formal lounge and dining areas adjoining the classic kitchen-ideal for everyday living or entertaining.
Year-round comfort is well catered for with evaporative air conditioning and the warmth of gas heating
Outside, the site provides excellent access and flexibility, complemented by a double garage/workshop and single carport of which both have automatic garage doors
Property Features:
- Activity Centre Zone - suitable for high-density development (STCA)
- Large 674m allotment
- 4 bedrooms all with BIRs plus study
- Master bedroom with Ensuite
- Craftsman Built Home
- Well Established gardens with irrigation system
- Formal lounge and dining
- Rumpus/games room
- Upgraded kitchen
-Evaporative cooling and gas heating
- Double garage/workshop and single carport
- Close to schools, Centro shopping centre ,High Street Shops, Doctors and public transport
Whether you're looking for a solid family home, a strategic investment, or a premium development site, this property delivers size, location and future potential in one impressive package.
Property history
A breakdown of how regularly this property entered and exited the market for sale or lease.
$770,000 - $820,000
Median house price trends
Comparing the price trend of houses in Cranbourne against the state of Victoria over the last 4 years. Source: CoreLogic
Comparable properties
See what similar properties in the area are selling and listed for.
Market activity
A snapshot of how quickly properties are selling in the area and how many are currently available.
17 Days
House median days on market
14 Days
Unit median days on market
531 Properties
Sold in last 12 months
102 Properties
Available in the last month
Cranbourne residents
Key characteristics of the residents in the area, view the full breakdown of the suburb here.
Under 18
Is the most common age range
Mortgaged Owners
Most common occupant type
Families
Most common household profile
Technicians and Trades Workers
Most common occupation
Detached Houses
Most common property type
Nearby education
Schooling and educational options in the area, for all ages.
Cranbourne Carlisle Primary School
K - Yr 6
Government
Cranbourne Park Primary School
K - Yr 6
Government
Cranbourne Primary School
K - Yr 6
Government
Cranbourne West Primary School
K - Yr 6
Government
Rangebank Primary School
K - Yr 6
Government
St Agatha's School
K - Yr 6
Catholic
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Frequently asked questions
The property at 40 Russell Street includes 4 bedrooms, 2 bathrooms and parking for 3 cars.
40 Russell Street in Cranbourne has a land size of approximately 674 square metres and an internal floor area of around 141 square metres.
40 Russell Street in Cranbourne, Victoria, is close to local schools such as Cranbourne Carlisle Primary School, Cranbourne Park Primary School, Cranbourne Primary School, Cranbourne West Primary School, Rangebank Primary School, St Agatha's School and Cranbourne Secondary College
As of 7/1/2026, the property at 40 Russell Street is not available in our data at this time.