SOLD
Sold on 15 May 2024 for $520,000

8/278 Narre Warren Road
Cranbourne East VIC 3977

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 110m2
Land area: 233m2
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Property Details for 8/278 Narre Warren Rd, Cranbourne East

8/278 Narre Warren Rd, Cranbourne East is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 233m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Cranbourne East in the last 12 months.

Building Type
Unit
Year Built
2007
Floor Size
110m2
Land Size
233m2
Local Government
Casey
Lot/Plan
8/PS545586

Last Listing description (May 2021)

This well-presented unit comprises two bedrooms, spacious living area, kitchen with a dishwasher, meals area, master bedroom with semi ensuite / bathroom, separate toilet, ducted heating, air-condition, private court yard, garage with internal access and remote-controlled door.
Walking distance to all the amenities.
Currently leased at $1473 PCM

Property History for 8/278 Narre Warren Rd, Cranbourne East, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$520,000
15 May 2024
Listed for Rent
$350/w
17 Jun 2020
  • 15 May 2024
    Sold for $520,000
  • 24 Apr 2021
    Sold for $398,000
  • 13 Apr 2021
    Listed for Sale Great Investment
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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 10,543 properties. Over the last 5 years, Houses in Cranbourne East have seen a 31.02% increase in median value, while Units have seen a 25.62% increase. As at 31 October 2024:

  • The median value for Houses in Cranbourne East is $752,151 while the median value for Units is $496,163.
  • Houses have a median rent of $570 while Units have a median rent of $510.
There are currently 110 properties listed for sale, and 29 properties listed for rent in Cranbourne east on OnTheHouse. According to CoreLogic's data, 407 properties were sold in the past 12 months in Cranbourne east.

Suburb Insights for Cranbourne East 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.