Back Lot 11/27 Jessfield Terrace
Off Market

Lot 11/27 Jessfield Terrace

Cranbourne East VIC 3977

362 m²
Land
Last sold for $412,000
Florence LawFlorence Law, last sold this property on 03 July 2025 after 101 days on market.

Overview

TITLED BLOCK READY FOR BUILDING YOUR DREAM HOME IN CRANBOURNE EAST

Seize this incredible opportunity to secure a 362m² vacant block in the sought-after Jessfield Estate, Cranbourne East. Perfectly positioned in a thriving community, this block offers the ideal foundation to build your dream home or invest in a high-growth location. Property Highlights • Ready to Build - Titled and prepared for immediate building commencement. • Gravel Foundation - Level surface ensures easy construction and landscaping. • Seamless Connectivity - Established roads and amenities provide easy commuting. Bring your aspirations to life in Cranbourne East, where you can truly have it all. Just 45km southeast of Melbourne's CBD, this vibrant suburb offers a peaceful retreat from the city's hustle while keeping essential conveniences close at hand. Enjoy the benefits of existing and upcoming schools, a community centre, and a sports reserve-all within walking distance. Plus, a fully equipped park with a playground nearby provides the perfect space for outdoor enjoyment. For more information, contact us now! Please see the below link for an up-to-date copy of the Due Diligence Check: https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence Disclaimer: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Features

362 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Cranbourne East over the last 12 months, the estimated median property value of Lot 11/27 Jessfield Terrace is $395k.

Median value
$395k
Estimated value range
$380k - $415k
Median days on market
100
Estimated value trend
34%
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 Lot 11/27 Jessfield Terrace

2025
Sold
$412,000
03 Jul 2025 by Florence Law, of The Avenue Property Co.

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 land plots in Cranbourne East

In the last 12 months, 6 land plots similar to Lot 11/27 Jessfield Terrace, have been sold.

This represents a 250% decrease in land plots sales when compared to the previous 12 months.

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