SOLD
RECENT ADVICE
Sold on 07 Jun 2024 for $510,000

5 Valma Avenue
Cranbourne VIC 3977

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 624m2
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Property Details for 5 Valma Ave, Cranbourne

5 Valma Ave, Cranbourne is a 3 bedroom, 1 bathroom House. The property has a land size of 624m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Cranbourne in the last 12 months.

Building Type
House
Land Size
624m2

Last Listing description (June 2024)

CRANBOURNE: A stellar opportunity to secure an affordable home and update over time or start fresh with a brand-new residence or subdivision (S.T.C.A.), 5 Valma Avenue is positioned in a premium locale close to parks, playgrounds, schools, public transport and major shopping facilities!

The existing blonde-brick home is filled with natural light illuminating fresh tones and timber flooring. Well-presented and cosy, it's ready for immediate occupation or listing on the thriving rental market.

Opening into a spacious living area, the single-level floorplan incorporates an original kitchen offering a freestanding stainless-steel oven with a gas cooktop together with 3 bedrooms, a semi-updated bathroom with separate toilet facilities plus multiple split-system units and ceiling fans.

Outside, a glorious garden offers a slice of tranquillity beneath a canopy of leafy trees with abundant room for the children and pets to play. With the residence positioned towards the front of the 624m2 (approx.) allotment, the topography may also accommodate a second dwelling at the rear (S.T.C.A.). There is also the option to remove the existing property and rebuild your dream home or redevelop from new (S.T.C.A.).

A short drive to the Cranbourne Park Shopping Centre and major arterials allowing for an easy commute to the CBD, the location is A1 within walking distance to the Cranbourne West Primary School, local bus stop and the Cranbourne train station!

If you believe in the adage "location, location, location" then this gem is a certain addition to your property inspection list!

BOOK AN INSPECTION TODAY, IT MAY BE GONE TOMORROW - PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS!

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 floor plans.

Due to private buyer inspections, the sale status may change before pending Open Homes. As a result, we suggest you confirm the listing status before inspecting.

Property History for 5 Valma Ave, Cranbourne, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$510,000
07 Jun 2024
Listed for Rent
$505/w
14 Oct 2024
  • 25 Jun 2024
    Listed for Rent $550 / week
  • 29 May 2024
    Sold for $510,000
  • 14 May 2024
    Listed for Sale $510,000 - $560,000

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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 10,788 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 39 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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Contact agent
Paul Ringeri
Show contact details
Ray White Cranbourne
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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.