1/7 Banks RoadCranbourne VIC 3977
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NEATLY PRESENTED TWO BEDROOM UNIT!
Property Details for 1/7 Banks Rd, Cranbourne
1/7 Banks Rd, Cranbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for rent with LJ Hooker Hampton Park.
About Cranbourne 3977
The size of Cranbourne is approximately 16.5 square kilometres. It has 47 parks covering nearly 40.2% of total area. The population of Cranbourne in 2016 was 20094 people. By 2021 the population was 21281 showing a population growth of 5.9% in the area during that time. The predominant age group in Cranbourne is 30-39 years. Households in Cranbourne are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne work in a trades occupation.In 2021, 63.50% of the homes in Cranbourne were owner-occupied compared with 66.20% in 2016.
Cranbourne has 10,932 properties. Over the last 5 years, Houses in Cranbourne have seen a 28.70% increase in median value, while Units have seen a 27.14% increase. As at 30 April 2026:
- The median value for Houses in Cranbourne is $775,376 while the median value for Units is $535,459.
- Houses have a median rent of $550 while Units have a median rent of $495.
Suburb Insights for Cranbourne 3977
Market Insights
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