5 Murray CourtCranbourne VIC 3977
Property Details for 5 Murray Ct, Cranbourne
5 Murray Ct, Cranbourne is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1976. The property has a land size of 775m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (September 2023)
In a court location on a massive approximately 775m2 block, so close to literally everything with the train station only 500m away and the main shopping centre, schools, buses, medical centre, Settlement Hotel, parks, and sporting grounds all within 1 km, is this fantastic 3-bedroom home which will remain at the front, with an approved permit for 2 additional 4-bedroom double storey townhouses at the rear.
The current home offers a formal lounge room with timber floors and a split system air conditioner and leads through into the dining area also with timber floors. The kitchen is bright with stainless steel cooking appliances and ample cupboard space.
All three bedrooms are a good size and carpeted and the master offers built-in robes and an additional split system air conditioner, and the modern main bathroom has been fully renovated with a stylish free-standing bath. The second bedroom also offers split system air conditioning.
Outside, there is a double lock up garage as well as an undercover carport, and a side gate access to the big back yard.
For the investor the home is currently tenanted for $1738.10 per month.
So, whether you are in the market for another project or just an investment, this property is a great opportunity.
Property History for 5 Murray Ct, Cranbourne, VIC 3977
- 05 May 2023Listed for Sale $675,000 - $725,000
- 08 Mar 2023Listed for Rent - Price not available
- 05 May 2022Listed for Sale $840,000 - $890,000
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0About 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.
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