Back 20 Walter Street
Off Market

20 Walter Street

Cranbourne VIC 3977

4
1
1
853 m²
House
John LaurettaJohn Lauretta, last sold this property on 17 June 2025 after 5 days on market.

Overview

PRIME DEVELOPMENT OPPORTUNITY ON 853m² (Approx)

First Time Offered in 60 Years - A Rare Find in the Heart of Cranbourne! Positioned on a generous 853m² (approx.) allotment with its own title, this outstanding property presents a golden opportunity for developers, investors, or savvy buyers looking to capitalise in one of Melbourne's fastest-growing corridors (STCA). Key Features: - Massive 853m² (approx.) block with potential for development (STCA) - Separate title with existing dwelling - Existing dual cross-over - Located in a high-demand central Cranbourne location Convenience is key - just a short stroll to Cranbourne Park Shopping Centre, High Street shops, medical facilities, public transport, Cranbourne train station, and several local schools including Cranbourne Secondary College. The existing home offers: - 4 spacious bedrooms - Generous living area - Large kitchen with timber flooring - Excellent rental return potential while awaiting development approval Whether you're looking to develop, invest, or land bank, this property offers outstanding value and future upside in a location that's second to none. Opportunities like this are rare - secure your stake in Cranbourne's future today! For all enquiries, contact John Lauretta directly.

Features

4 bedrooms
1 bathroom
1 carspace
853 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Cranbourne over the last 12 months, the estimated median property value of 20 Walter Street is $817.5k.

Median value
$817.5k
Estimated value range
$616k - $1.43m
Median days on market
27
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cranbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 20 Walter Street

2025
Sold
Undisclosed
Private Sale/Treaty on 17 Jun 2025 by John Lauretta, of Finning First National Real Estate

Happy sellers in Cranbourne

83%
83% of sellers in Cranbourne reported that their sale price either exceeded or met their price expectations.

Cranbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 75 reviews in Cranbourne over the last 12 months.

Local market activity for 4 bedroom houses in Cranbourne

In the last 12 months, 131 four-bedroom houses similar to 20 Walter Street, have been sold.

This represents a 7% increase in four-bedroom houses sales when compared to the previous 12 months.

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