8 Farrer St, Cranley is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 363m2.
These modern units being 3 bedroom & 2 bedroom configuration offer a number of flexible options being able to be bought as one lot or separately.As you can see the 3 bedroom unit has an ensuite and each of the units has a small outdoor area and separate yards.A lease in place on the 3 bedroom at $300.00 a week and periodic on the 2 bedroom at $265.00. You may choose to offer new leases, you may choose to buy and rent one for income whilst living in the other. You may simply choose to buy one. This new home area close to all major shopping, schools and hospital has been in very strong demand.
The size of Cranley is approximately 10.3 square kilometres. It has 3 parks covering nearly 0.1% of total area. The population of Cranley in 2011 was 851 people. By 2016 the population was 1,444 showing a population growth of 69.7% in the area during that time. The predominant age group in Cranley is 70-79 years. Households in Cranley are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cranley work in a trades occupation. In 2011, 77.2% of the homes in Cranley were owner-occupied compared with 66.4% in 2016.
Cranley has 861 properties. Over the last 5 years, Houses in Cranley have seen a 84.52% increase in median value, while Units have seen a 93.81% increase. As at 31 October 2024:
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