1/22 Walter St, Cranbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 180m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom Unit sold in Cranbourne in the last 12 months.
In the heart of Cranbourne we have this amazing value for money 2 bedroom unit.
Perfect for the entry level investor or those looking to add to their existing portfolio or those looking for an ideal start.
Currently leased to a long-term tenant for the past 13 years who calls it home, you won't find anything better! Some features on offer include:
Being the front unit in this tidy complex and with the visitor parking space adjacent to garage, you have an undeniable sense of space around you.
With just a short walk to the main Cranbourne Shopping hub and public transport just minutes away make this property something to hold onto for years to come.
At this price it won't last long - make sure you register your details for our upcoming inspection and to secure your section 32/vendors statement to make your relevant due diligence to avoid disappointment.
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 10,960 properties. Over the last 5 years, Houses in Cranbourne have seen a 37.34% increase in median value, while Units have seen a 39.61% increase. As at 30 November 2025:
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