FOR SALE
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1670 Thompsons Road
Cranbourne East VIC 3977

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5762m2
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Future Commercial Site in Croskell Employment PSP

Raywhite tarneit proudly present potential commercial opportunity for Fuel Station, Fast Food, Retail and Offices (STCA) in south east of Melbourne. The property is located in Croskell Employment Precinct Structure Plan area that is bounded by Thompsons Road to the north, Berwick-Cranbourne Road to the east. This Croskell PSP is a infill project that is surrounded by developed suburbs.
The Croskell Employment Precinct Structure Plan will deliver a mix of new homes and businesses in the future. In accordance with State Government policy, the majority of the precinct will be a Regionally Significant Commercial Area. This means most of the land will be used for future commercial and industrial purposes.
- 2 mins to Clyde North Lifestyle centre
- 5 Mins to Springhill shopping centre
- Close to all amenities
- 15 mins to Cranbourne Train Station
Land size - 5762 Sqm
Zone - Urban Growth Zone
Croskell Employment Precinct Structure Plan
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Property Details for 1670 Thompsons Rd, Cranbourne East

Building Type
Land
Land Size
5762m2

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About Cranbourne East 3977

The size of Cranbourne East is approximately 13.4 square kilometres. It has 35 parks covering nearly 9.1% of total area. The population of Cranbourne East in 2011 was 8,210 people. By 2016 the population was 16,181 showing a population growth of 97.1% in the area during that time. The predominant age group in Cranbourne East is 30-39 years. Households in Cranbourne East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne East work in a trades occupation. In 2011, 77% of the homes in Cranbourne East were owner-occupied compared with 76.7% in 2016.

Cranbourne East has 10,558 properties. Over the last 5 years, Houses in Cranbourne East have seen a 35.47% increase in median value, while Units have seen a 25.45% increase. As at 31 August 2024:

  • The median value for Houses in Cranbourne East is $754,288 while the median value for Units is $496,701.
  • Houses have a median rent of $560 while Units have a median rent of $500.
There are currently 90 properties listed for sale, and 21 properties listed for rent in Cranbourne east on OnTheHouse. According to CoreLogic's data, 413 properties were sold in the past 12 months in Cranbourne east.

Suburb Insights for Cranbourne East 3977

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Rj Singh
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Ray White Tarneit
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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.