FOR SALE
$1,300,000

500-504 Ross River Road
Cranbrook QLD 4814

Bedrooms: -
Bathrooms: -
Car spaces: 100
Floor area: 200m2
Land area: 6116m2
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Key Development Site With Two Street Frontage

This substantial infill residential site is available for immediate sale & features:
• Total land area of 6,115 sqm
• Zoned Low-Density Residential
• Two street access via Ross River Road and Jannila Avenue
• Expansive 63-metre frontage to Ross River Road
• Potential to subdivide into multiple smaller house sites or possible unit development
• 3 x existing dwellings
Please contact marketing agents Ray White Commercial for further information.

Property Details for 500-504 Ross River Rd, Cranbrook

Building Type
Commercial
Floor Size
200m2
Land Size
6116m2

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About Cranbrook 4814

The size of Cranbrook is approximately 3.4 square kilometres. It has 6 parks covering nearly 8.2% of total area. The population of Cranbrook in 2011 was 6,146 people. By 2016 the population was 5,926 showing a population decline of 3.6% in the area during that time. The predominant age group in Cranbrook is 20-29 years. Households in Cranbrook are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cranbrook work in a professional occupation. In 2011, 67% of the homes in Cranbrook were owner-occupied compared with 65.1% in 2016.

Cranbrook has 2,684 properties. Over the last 5 years, Houses in Cranbrook have seen a 93.34% increase in median value, while Units have seen a 43.38% increase. As at 31 October 2024:

  • The median value for Houses in Cranbrook is $457,160 while the median value for Units is $250,338.
  • Houses have a median rent of $480 while Units have a median rent of $350.
There are currently 21 properties listed for sale, and 10 properties listed for rent in Cranbrook on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Cranbrook.

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Troy Townsend
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Stacie Stockham
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Ray White Commercial Townsville
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