SOLD
Sold on 07 Jun 2024 for $470,000

5 Thomas Crescent
Cranbourne VIC 3977

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 156m2
Land area: 651m2
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Property Details for 5 Thomas Cres, Cranbourne

5 Thomas Cres, Cranbourne is a 0 bedroom, 0 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 651m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 0 bedroom House sold in Cranbourne in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
156m2
Land Size
651m2
Local Government
Casey
Lot/Plan
184/LP122108

Last Listing description (June 2024)

Set in a quiet and peaceful residential street, this 651 sqm block has prime potential for a developer or for someone to build their dream home on.

Located close to Cranbourne Shopping Centre, and close to recreation and sporting facilities; public transport and schools are within easy reach.

This huge corner block of land will appeal to investors; with space enough to build up to two or three townhouses (STCA) within close distance to the town centre.

With multiple developments happening in the area, don't miss out on this amazing opportunity to be part of an established neighbourhood that is currently experiencing continued growth.

For further information, please contact Vikram Dhankhar on 0430 392 918.
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DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 5 Thomas Cres, Cranbourne, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$470,000
07 Jun 2024
  • 07 Jun 2024
    Sold for $470,000
  • 20 May 2024
    Listed for Sale Not Disclosed
  • 14 Aug 2019
    Listed for Sale (Private Inspection Only) Contact Agent
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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 64 properties listed for sale, and 36 properties listed for rent in Cranbourne on OnTheHouse. According to CoreLogic's data, 451 properties were sold in the past 12 months in Cranbourne.

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