Back 40 Collison Road
Off Market

40 Collison Road

Cranbourne East VIC 3977

4
3
2
7382 m²
House
Simmi BhattSimmi Bhatt, last sold this property on 16 September 2025 after 49 days on market.

Overview

Exceptional Opportunity - 7382sqm (Approx.) GRZ1 zoning with Existing Home

Positioned in a prime location within GRZ1 zoning , 40 Collison Road, Cranbourne East offers a rare and exciting opportunity for developers, investors, and land bankers alike. Set on a substantial 7382 sqm (approx.) of flat land, this property also features a spacious and well-maintained family home - making it an ideal blend of immediate liveability and long-term development potential (STCA). The existing residence boasts four generously sized bedrooms, three bathrooms, and a double car port, providing comfortable living or rental income potential while future plans are explored. Key Features: Expansive 7382sqm (approx.) parcel of land Now GRZ1 zoning Well-maintained home with: 4 bedrooms 3 bathrooms 2-car port Prime location in a high-growth corridor Close proximity to schools, shopping centres, transport, and major arterials Whether you're looking to develop, invest, or landbank, this property offers unlimited potential in one of Melbourne's most sought-after growth areas. Don't miss this rare opportunity to secure a strategic holding in Cranbourne East's rapidly evolving landscape.

Features

4 bedrooms
3 bathrooms
2 carspaces
2 carport spaces
7382 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Cranbourne East over the last 12 months, the estimated median property value of 40 Collison Road is $780k.

Median value
$780k
Estimated value range
$580k - $2.44m
Median days on market
34
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cranbourne East. 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 40 Collison Road

2025
Sold
Undisclosed
16 Sep 2025 by Simmi Bhatt, of Raine & Horne Cranbourne

Happy sellers in Cranbourne East

90%
90% of sellers in Cranbourne East reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 88 reviews in Cranbourne East over the last 12 months.

Local market activity for 4 bedroom houses in Cranbourne East

In the last 12 months, 199 four-bedroom houses similar to 40 Collison Road, have been sold.

This represents a 18% increase in four-bedroom houses sales when compared to the previous 12 months.

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