SOLD
Sold on 04 Jun 2024 for $1,100,000

56 Industrial Circuit
Cranbourne West VIC 3977

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 357m2
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Property Details for 56 Industrial Cct, Cranbourne West

Building Type
Commercial
Land Size
357m2
Local Government
Casey
Lot/Plan
1/PS825277

Last Listing description (March 2020)

* Building size 332 m2 ( approx) including office
* Toilet, Kitchenette
* High Clearance Warehouse with 5-7m Roller Door

* 60m first floor office with Air-Conditional
* Security gates & Fencing
* Easy access to Thompsons Road & Monash Freeway
* Available NOW

Property History for 56 Industrial Cct, Cranbourne West, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$1,100,000
04 Jun 2024
Listed for Rent
$2.49k/w
17 Mar 2020
  • 04 Jun 2024
    Sold for $1,100,000
  • 29 Jan 2020
    Listed for Rent $29,880 / month
  • 12 Apr 2019
    Transferred

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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 8,961 properties. Over the last 5 years, Houses in Cranbourne West have seen a 35.27% increase in median value, while Units have seen a 31.46% increase. As at 31 October 2024:

  • The median value for Houses in Cranbourne West is $724,209 while the median value for Units is $548,825.
  • Houses have a median rent of $570 while Units have a median rent of $540.
There are currently 57 properties listed for sale, and 20 properties listed for rent in Cranbourne west on OnTheHouse. According to CoreLogic's data, 381 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.