FOR SALE
BUILD ANOTHER DWELLING AT THE BACK!

162 Monahans Road
Cranbourne VIC 3977

Bedrooms: 3
Bathrooms: 2
Car spaces: 5
Land area: 604m2
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BUILD ANOTHER DWELLING AT THE BACK!! APPROVED PLANS AND PERMITS!!

Welcome to 162 Monahans Road, Cranbourne, an ideally positioned property offering an array of exciting opportunities. This expansive 604m² block comes with an approved planning permit for a four-bedroom townhouse (details available upon request). Whether you are a first-time homebuyer, downsizer, or a savvy investor, this property presents the perfect blend of modern living and a prime location with subdivision potential.
Key Property Features:
- Land Size: 604m²
- Planning Permit: Approved for a four-bedroom townhouse
Current Residence:
Three generously sized bedrooms, two bathrooms, cozy family and dining areas, and a meticulously designed kitchen with ample cupboard space, gas cooktop, and oven
Interior Features:
Tiling and carpeting in designated areas, cooling system throughout, NBN connection, and a letterbox
Outdoor Amenities:
Spacious backyard, ideal for entertaining, with raised carport, garden shed, and extra storage
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Property Details for 162 Monahans Rd, Cranbourne

162 Monahans Rd, Cranbourne is a 3 bedroom, 2 bathroom House with 5 parking spaces. The property has a land size of 604m2. The place is currently for sale with Family Realtors.

Building Type
House
Land Size
604m2

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About Cranbourne 3977

The size of Cranbourne is approximately 16.5 square kilometres. It has 47 parks covering nearly 40.2% of total area. The population of Cranbourne in 2011 was 18,621 people. By 2016 the population was 20,090 showing a population growth of 7.9% in the area during that time. The predominant age group in Cranbourne is 0-9 years. Households in Cranbourne are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cranbourne work in a trades occupation. In 2011, 69.2% of the homes in Cranbourne were owner-occupied compared with 66.2% in 2016.

Cranbourne has 10,755 properties. Over the last 5 years, Houses in Cranbourne have seen a 33.03% increase in median value, while Units have seen a 36.08% increase. As at 30 September 2024:

  • The median value for Houses in Cranbourne is $692,230 while the median value for Units is $499,514.
  • Houses have a median rent of $500 while Units have a median rent of $460.
There are currently 50 properties listed for sale, and 36 properties listed for rent in Cranbourne on OnTheHouse. According to CoreLogic's data, 432 properties were sold in the past 12 months in Cranbourne.

Suburb Insights for Cranbourne 3977

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Taj Singh
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Manit Singh
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Family Realtors
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.