SOLD
Sold on 03 Mar 2024 for $2,053,000

205/1060 Thompsons Road
Cranbourne West VIC 3977

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7511m2
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Property Details for 205/1060 Thompsons Rd, Cranbourne West

Building Type
Commercial
Land Size
7511m2
Local Government
Casey
Lot/Plan
201/PS818622

Property History for 205/1060 Thompsons Rd, Cranbourne West, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$2,053,000
03 Mar 2024
  • 03 Mar 2024
    Sold for $2,053,000
  • 08 Feb 2021
    Sold for $596,818

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About Cranbourne West 3977

The size of Cranbourne West is approximately 11.8 square kilometres. It has 23 parks covering nearly 10.1% of total area. The population of Cranbourne West in 2011 was 8,743 people. By 2016 the population was 15,046 showing a population growth of 72.1% in the area during that time. The predominant age group in Cranbourne West is 30-39 years. Households in Cranbourne West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne West work in a trades occupation. In 2011, 72.3% of the homes in Cranbourne West were owner-occupied compared with 76% in 2016.

Cranbourne West has 8,965 properties. Over the last 5 years, Houses in Cranbourne West have seen a 40.12% increase in median value, while Units have seen a 40.04% increase. As at 31 August 2024:

  • The median value for Houses in Cranbourne West is $721,305 while the median value for Units is $554,436.
  • Houses have a median rent of $560 while Units have a median rent of $540.
There are currently 51 properties listed for sale, and 17 properties listed for rent in Cranbourne west on OnTheHouse. According to CoreLogic's data, 386 properties were sold in the past 12 months in Cranbourne west.

Suburb Insights for Cranbourne West 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.