SOLD
Sold on 31 Oct 2023 for $1,556,500

7 Trade Way
Cranbourne West VIC 3977

Bedrooms: -
Bathrooms: -
Car spaces: 6
Land area: 650m2
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Property Details for 7 Trade Way, Cranbourne West

Building Type
Commercial
Land Size
650m2
Local Government
Casey
Lot/Plan
15/PS805980

Last Listing description (September 2023)

Rare opportunity to purchase stand alone office/warehouse in sought after Cranbourne West.

Located off Evans Rd and only minutes to Western Port Hwy, South Gippsland Hwy and Thompsons Rd.

Be quick to secure this!

Property features:

+ 473sqm total building area
+ 15sqm grd fl display/showroom
+ 51sqm 1st fl office
+ 407sqm clearspan warehouse
+ 6 x car parks
+ Container height RSD
+ 8m internal clearance
+ Security gate

Complete and ready to occupy

Inspection will not disappoint!

CALL NOW TO ARRANGE AN INSPECTION

Property History for 7 Trade Way, Cranbourne West, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$1,556,500
31 Oct 2023
  • 31 Oct 2023
    Sold for $1,556,500
  • 02 Aug 2023
    Listed for Sale $1,490,000 + GST
  • 19 Aug 2022
    Listed for Sale Contact Anna Voon 0487 18 18 18
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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 8,899 properties. Over the last 5 years, Houses in Cranbourne West have seen a 37.32% increase in median value, while Units have seen a 39.26% increase. As at 30 September 2024:

  • The median value for Houses in Cranbourne West is $720,174 while the median value for Units is $564,171.
  • Houses have a median rent of $565 while Units have a median rent of $540.
There are currently 49 properties listed for sale, and 16 properties listed for rent in Cranbourne west on OnTheHouse. According to CoreLogic's data, 372 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.