SOLD
Sold on 20 Mar 2024 for $650,000

48 Valepark Crescent
Cranbourne VIC 3977

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 103m2
Land area: 667m2
Sold By
Milestone Real Estate Cranbourne
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Property Details for 48 Valepark Cres, Cranbourne

48 Valepark Cres, Cranbourne is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1976. The property has a land size of 667m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Cranbourne in the last 12 months.

Building Type
House
Year Built
1976
Floor Size
103m2
Land Size
667m2
Local Government
Casey
Lot/Plan
53/LP113713

Last Listing description (October 2024)

This ideal property is perfect for first-time buyers, downsizers, or savvy investors looking to capitalize on subdivision potential with Approved Plans & Permits for Rear Development in a high-demand rental area! Set on a spacious 667sqm (Approx.) lot, this property offers a comfortable family lifestyle, with council approval already secured.

The current residence features three generously sized bedrooms, a cozy family and dining area, and a meticulously designed kitchen with ample cupboard space, a gas cooktop, oven, and dishwasher. A spacious backyard awaits, complete with a covered outdoor pergola and decking, perfect for hosting family gatherings and entertaining guests. Additional amenities include quality timber flooring, heating and cooling systems, a garden shed, NBN connection, and a letterbox.

Whether you're looking to live in, invest, or develop now or in the future, this property offers versatility. Approved plans and permits are in place for townhouse at the rear corner of the block, featuring four bedrooms, two bathrooms, and a single garage. Don't miss this exceptional opportunity in the heart of Cranbourne.

Nestled in the heart of Cranbourne, a highly coveted and well-established locale, this property offers unparalleled convenience. Just a 45-minute drive from Melbourne's CBD, and mere moments away from prestigious landmarks such as the Royal Botanic Gardens, Cranbourne Park Shopping Centre, and esteemed educational institutions including Cranbourne Park Primary School, Cranbourne West Primary School, Cranbourne West Secondary College, St. Peters College (Cranbourne West Campus), St Agatha's School, Casey Grammar, and public transport options. Don't miss out on this golden opportunity, act quickly!

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DISCLAIMERS: Every precaution has been taken to establish the accuracy of the above information, however, it does not constitute any representation by the vendor, agent, or agency. Our floor plans are for representational purposes only and should be used as such. We accept no liability for the accuracy or details contained in our floorplans.

Property History for 48 Valepark Cres, Cranbourne, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$650,000
20 Mar 2024
Listed for Rent
$500/w
16 Sep 2024
  • 12 Sep 2024
    Listed for Sale $680,000-$740,000
  • 30 Aug 2024
    Listed for Rent $500 / week
  • 20 Mar 2024
    Sold for $650,000
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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 10,789 properties. Over the last 5 years, Houses in Cranbourne have seen a 32.51% increase in median value, while Units have seen a 30.50% increase. As at 31 October 2024:

  • The median value for Houses in Cranbourne is $700,916 while the median value for Units is $488,568.
  • Houses have a median rent of $520 while Units have a median rent of $475.
There are currently 63 properties listed for sale, and 35 properties listed for rent in Cranbourne on OnTheHouse. According to CoreLogic's data, 452 properties were sold in the past 12 months in Cranbourne.

Suburb Insights for Cranbourne 3977

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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.