48 Medway RoadCraigieburn VIC 3064
Property Details for 48 Medway Rd, Craigieburn
48 Medway Rd, Craigieburn is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 654m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 3 bedroom House sold in Craigieburn in the last 12 months.
Last Listing description (June 2026)
Positioned in one of Craigieburns most convenient locations, this residence presents an outstanding opportunity for homeowners, investors and developers alike. Set on a substantial allotment of approximately 654sqm, this property highlights the true value of land, location and future potential, with exciting scope for subdivision (STCA) in a highly sought-after street.
The home itself offers comfortable living with three well-sized bedrooms, the master including an ensuite and walk-in robe, along with a central bathroom servicing the remaining rooms. Further enhancing the generous floor plan is a dual living arrangement, separate dining space and a well-appointed kitchen, providing immediate functionality for families.
A long driveway adds to the appeal, offering ample off-street parking and easy access, while also enhancing the blocks suitability for future development considerations.
Currently tenanted on a month-to-month basis, the property delivers instant rental income, with occupants happy to remain for a further 12 months or more, making it an ideal set-and-forget investment while you plan your next move.
The location is where this property truly shines. Medway Road is widely regarded as one of Craigieburns premier addresses, placing you within close proximity to quality schools, major shopping centres including Craigieburn Central, Craigieburn Train Station, bus routes, medical centres, parklands and essential amenities. This is a position that continues to grow in demand, ensuring long-term value and strong future prospects.
Whether youre looking to develop or simply secure a prime piece of real estate in a blue-chip pocket, this is an opportunity not to be missed.
*All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition. Images and photographs used in this listing may have been digitally enhanced or altered for marketing purposes. While every effort has been made to ensure accuracy, prospective purchasers should rely on their own inspections and enquiries.*
Property History for 48 Medway Rd, Craigieburn, VIC 3064
- 01 Jun 2026Listed for Sale $660,000
- 30 May 2026Sold for $660,000
- 16 Feb 2022Sold for $680,000
Recent sales nearby
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0About Craigieburn 3064
The size of Craigieburn is approximately 35.5 square kilometres. There are 100 parks, covering nearly 10.4% of the total area. The population of Craigieburn in 2016 was 50347 people. By 2021 the population was 65178 showing a population growth of 29.5% in the area during that time. The predominant age group in Craigieburn is 30-39 years. Households in Craigieburn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Craigieburn work in a professional occupation.In 2021, 68.70% of the homes in Craigieburn were owner-occupied compared with 69.40% in 2016.
Craigieburn has 26,632 properties. Over the last 5 years, Houses in Craigieburn have seen a 20.75% increase in median value, while Units have seen a 22.98% increase. As at 30 June 2026:
- The median value for Houses in Craigieburn is $757,849 while the median value for Units is $520,116.
- Houses have a median rent of $550 while Units have a median rent of $475.
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