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Sold on 25 Oct 2024 for $540,000

1/21 Merrijig Avenue
Cranbourne VIC 3977

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 1/21 Merrijig Ave, Cranbourne

1/21 Merrijig Ave, Cranbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Cranbourne in the last 12 months.

Building Type
Unit

Last Listing description (October 2024)

Step into the charm of this delightful two-bedroom unit nestled within the tranquil enclave of Cranbourne. This cosy abode, perfect for first home buyers, astute investors, or those looking to downsize, is situated at the serene rear of the development, offering an intimate escape from the hustle and bustle of daily life.

With two well-appointed bedrooms and a generous bathroom, this residence blends functionality with comfort. The single garage provides ample parking, complemented by additional space that caters to your visitors or a second vehicle.

Occupying an expansive block of 469m², this home affords plenty of room for outdoor activities or future enhancements. Within, the interiors are bathed in natural sunlight, creating a warm and inviting atmosphere. The open-plan design seamlessly integrates the kitchen, living, and dining areas, making for an inclusive environment where memories are waiting to be made.

Cooking and entertaining are a breeze in the combined kitchen, equipped with all the essentials. The unit is climatically controlled with a reliable gas wall furnace and a split system for heating and cooling, ensuring your comfort throughout the seasons.

Situated in a prime location, this lovely unit is a stone's throw from local transport options and a plethora of amenities, including shops, schools, and recreational facilities.

Property History for 1/21 Merrijig Ave, Cranbourne, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$540,000
25 Oct 2024
Listed for Rent
$330/w
03 Sep 2018
  • 28 Oct 2024
    Sold for $540,000
  • 14 May 2019
    Listed for Sale $370,000 - $390,000
  • 10 Aug 2018
    Listed for Rent - Price not available
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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 10,822 properties. Over the last 5 years, Houses in Cranbourne have seen a 32.40% increase in median value, while Units have seen a 25.06% increase. As at 30 November 2024:

  • The median value for Houses in Cranbourne is $705,199 while the median value for Units is $474,822.
  • Houses have a median rent of $520 while Units have a median rent of $475.
There are currently 56 properties listed for sale, and 35 properties listed for rent in Cranbourne on OnTheHouse. According to CoreLogic's data, 459 properties were sold in the past 12 months in Cranbourne.

Suburb Insights for Cranbourne 3977

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Darren Eichenberger
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Jacob Weeks
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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.