165 Albert St, Cranbrook is a 4 bedroom, 2 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 1190m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 4 bedroom DuplexSemi-detached sold in Cranbrook in the last 12 months.
Positioned on a generous 1,190m² corner block, this low-set duplex presents an outstanding investment opportunity with immediate income and future growth potential.
Offered on a single title, the property comprises 2 x 2-bedroom units, both currently tenanted, delivering a strong combined rental return of $860 per week with new leases already in place.
The expansive backyard provides exciting scope for further development or expansion (STCA), making this an ideal prospect for investors looking to maximise long-term value.
Each Unit Offers:
•Open plan living area
•Well-designed kitchen with pantry and ample bench and cupboard space
•2 good sized carpeted bedrooms with built in robes
•Comfortable sized bathroom
•Separate toilet
• Internal laundry
•Single car accommodation
Location:
•Close to a choice of schools, parks and food outlets
•Minutes from major shopping centres and recreational options
Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies and we accept no liability for any errors or exclusions (including but not limited to a property's land size, floor plans and building age). Accordingly, all interested parties should make their own enquiries and obtain their own legal advice.
The size of Cranbrook is approximately 3.4 square kilometres. There are 6 parks, covering nearly 8.2% of the total area. The population of Cranbrook in 2016 was 5908 people. By 2021 the population was 5844 showing a population decline of 1.1% in the area during that time. The predominant age group in Cranbrook is 20-29 years. Households in Cranbrook are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cranbrook work in a professional occupation.In 2021, 63.70% of the homes in Cranbrook were owner-occupied compared with 65.10% in 2016.
Cranbrook has 2,699 properties. Over the last 5 years, Houses in Cranbrook have seen a 140.99% increase in median value, while Units have seen a 325.99% increase. As at 31 May 2026:
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