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Contact Agent For Address
Cranbourne East VIC 3977

Bedrooms: -
Bathrooms: -
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Land area: 7492m2
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Invest in one of Cranbourne East's Most popular Pocket

This is a prime development site is approx. 7492 m2 located in collision estate. This property would well suit an investor looking for that land banking opportunity with longer settlement.
The existing home offers 3 bedrooms, 2 bathrooms and loads of car parking space and being only walking distance to schools, parks and shops, making this property a great future investment.
FEATURES:
- Site area: 7,492m2*
- Zoned: GRZ1 (Residential Zone)
- Frontage: 42m Approx.
- Longer Settlement option available.
For more information please contact Jaz Masuta on 0404 208 834.
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Property Details for Contact Agent For Address, Cranbourne East

Building Type
Land
Land Size
7492m2

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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 10,559 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 92 properties listed for sale, and 22 properties listed for rent in Cranbourne east on OnTheHouse. According to CoreLogic's data, 419 properties were sold in the past 12 months in Cranbourne east.

Suburb Insights for Cranbourne East 3977

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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.