Back 28 Russell Street
Off Market

28 Russell Street

Cranbourne VIC 3977

3
2
4
232.26 m²
1601 m²
House
Rick LaurettaRick Lauretta, last sold this property on 30 March 2026 after 61 days on market.

Overview

Corner Site Opportunity in Activity Centre Zone 1601m² of Potential

Positioned on a prominent corner 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 three bedrooms plus a study, all with built-in robes, and two bathrooms. Multiple living zones include a formal lounge and dining area, a generous rumpus room, and a light-filled family meals area adjoining the classic timber kitchen-ideal for everyday living or entertaining. Year-round comfort is well catered for with ducted heating, air conditioning, and the added warmth of a gas log heater. Outside, the expansive 1601m² corner site provides excellent access and flexibility, complemented by a double garage, 2 x Carports, and two workshops, offering exceptional storage and functionality while you plan for the future. Property Features: - Activity Centre Zone suitable for high-density development (STCA) - Large 1601m² corner allotment - 3 bedrooms plus study with BIRs - Master bedroom with Ensuite - Craftsman Built Home - 2 x 5000 Litre Water Tanks - Well Established gardens with irriagation system - Formal lounge and dining - Rumpus room - Timber kitchen with family meals area - Ducted heating, air conditioning & Gas Log heater - Ducted Vacuum System - Double garage + 2x carports - 2 x workshops - Close to schools, shops 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.

Features

3 bedrooms
2 bathrooms
4 carspaces
232.26 m² floor area
1601 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Cranbourne over the last 12 months, the estimated median property value of 28 Russell Street is $700k.

Median value
$700k
Estimated value range
$475k - $955k
Median days on market
21
Estimated value trend
10%
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 28 Russell Street

2026
Sold
Undisclosed
Private Sale/Treaty on 30 Mar 2026 by Rick 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 3 bedroom houses in Cranbourne

In the last 12 months, 195 three-bedroom houses similar to 28 Russell Street, have been sold.

This represents a 9% decrease in three-bedroom houses sales when compared to the previous 12 months.

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