OFF MARKET

21 Collison Road
Cranbourne East VIC 3977

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 160m2
Land area: 7262m2
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Last updated 16 Sep 2024
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Property Details for 21 Collison Rd, Cranbourne East

21 Collison Rd, Cranbourne East is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1971. The property has a land size of 7262m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
1971
Floor Size
160m2
Land Size
7262m2
Local Government
Casey
Lot/Plan
4/LP42655

Last Listing description (September 2023)

Landbank Victoria and LJ Hooker Casey are proud to introduce this beautiful block located in the Collison Estate offering approx. 7,262m2 of flat land in an ever growing estate!

Conveniently positioned on a corner block this property would well suit an investor looking for that land banking opportunity with great future development potential (STCA).

The existing home offers 3 bedroom home that requires a bit of TLC, but being only walking distance to schools, parks and shops, making this property a great future investment.

- Site is approx. 7,262m2/1.79acres/0.72ha in size.
- Prime future development potential.
- Flexible settlement terms.

For all enquires and inspections please call Shabana Rexhepi on 0411 216 186.

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Property History for 21 Collison Rd, Cranbourne East, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$2,200,000
07 Apr 2022
  • 01 Sep 2023
    Listed for Sale Sold
  • 11 May 2022
    Listed for Sale Not Disclosed
  • 07 Apr 2022
    Sold for $2,200,000
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About Cranbourne East 3977

The size of Cranbourne East is approximately 13.4 square kilometres. It has 35 parks covering nearly 9.1% of total area. The population of Cranbourne East in 2011 was 8,210 people. By 2016 the population was 16,181 showing a population growth of 97.1% in the area during that time. The predominant age group in Cranbourne East is 30-39 years. Households in Cranbourne East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne East work in a trades occupation. In 2011, 77% of the homes in Cranbourne East were owner-occupied compared with 76.7% in 2016.

Cranbourne East has 10,560 properties. Over the last 5 years, Houses in Cranbourne East have seen a 35.47% increase in median value, while Units have seen a 25.45% increase. As at 31 August 2024:

  • The median value for Houses in Cranbourne East is $754,288 while the median value for Units is $496,701.
  • Houses have a median rent of $560 while Units have a median rent of $500.
There are currently 92 properties listed for sale, and 16 properties listed for rent in Cranbourne east on OnTheHouse. According to CoreLogic's data, 426 properties were sold in the past 12 months in Cranbourne east.

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