Back 44 Lyall Street
Off Market

44 Lyall Street

Cranbourne VIC 3977

777 m²
Land
Last sold for $737,000
Crystal LinCrystal Lin, last sold this property on 22 May 2025 after 20 days on market.

Overview

Prime Investment Opportunity In Activity Centre Zone!

A prime opportunity awaits those with a keen eye for investment and development: 777m2 (approx..) of land centrally located in the Activity Centre Zone (ACZ). There is potential to develop either 5 or 6 Townhouses or high-density development, commercial use, or mixed-use opportunities. Key Features: - Value and flexibility (STCA). - Approx. 777m² land (Rectangle and Flat site; Frontage: 15.2 m; Depth: 51m ) - Development potential (STCA): Located within the Activity Centre Zone (ACT) - Prime location, offering convenience and future growth - Endless possibilities for residential, or mixed-use development Prime Location: 44 Lyall Street offers unparalleled accessibility to a range of amenities: • Shopping and Entertainment: Only Walking distance to Cranbourne Park Shopping Centre and local market, featuring a vast array of retail stores, dining options, and entertainment facilities and so on. • Education: Proximity to reputable schools such as Casey Grammar School, Cranbourne Primary School, Cranbourne Secondary college, St Peters College; Chisholm Cranbourne (TAFE) ensures quality education options for families. • Transport: Convenient access to Cranbourne Train Station and nearby bus services facilitates easy commuting to Melbourne's CBD and surrounding areas. • Community Facilities: Close to local parks, Royal Botanic Gardens Cranbourne; recreational centres, Casey Stadium, Cranbourne RACE and the Cranbourne Library, enhancing the lifestyle appeal of this location. About Cranbourne: Cranbourne, located in the City of Casey, is one of Australia's fastest-growing and most populous municipalities, boasting nearly 300,000 residents. Located just 43 kilometres southeast of Melbourne's Central Business District, Cranbourne is a thriving suburb renowned for its rich history, cultural diversity, and excellent educational opportunities. For more information, please call Crystal Lin on 0425 839 535

Features

777 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Cranbourne over the last 12 months, the estimated median property value of 44 Lyall Street is $420k.

Median value
$420k
Estimated value range
$220k - $737k
Median days on market
70
Estimated value trend
-21%
decrease 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 44 Lyall Street

2025
Sold
$737,000
22 May 2025 by Crystal Lin, of Your Expert 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 land plots in Cranbourne

In the last 12 months, 9 land plots similar to 44 Lyall Street, have been sold.

This represents a 50% decrease in land plots sales when compared to the previous 12 months.

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