7 Mathiesen St, Cranbrook is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1975. The property has a land size of 809m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in April 2015.
What a find! This lowset masonry block duplex is in a prime location and is always tenanted. Very well built with solid concrete walls rendered internally with access to the units straight from their garage. Big spacious bedrooms with built in cupboards, lounge and dining combined, kitchens are in good condition and bathrooms original. Fully fenced from the side and fenced down the middle in the back yards. Walk to major shopping and only minutes to the Hospital and James Cook University. This duplex has loads of potential and lends itself to strata title if the new owner wants a quick capital gain. Returning $480.00 per week. Hurry this will sell quickly!
The size of Cranbrook is approximately 3.4 square kilometres. It has 6 parks covering nearly 8.2% of 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 2,695 properties. Over the last 5 years, Houses in Cranbrook have seen a 135.21% increase in median value, while Units have seen a 89.61% increase. As at 30 November 2025:
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