1/4 Banks Rd, Cranbourne is a 2 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 1981. The property has a land size of 436m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
*LEASED BY AQUIRE**
**Perfect home for those that want a quiet lifestyle and secure parking behind gates and inside a rear garage AND just down the road from walking tracks and ovals!
Positioned on a no-through road and bordering parks, reserves, and public gardens, you'll love this quiet, tucked away pocket that is also only a few blocks to local restaurants, stores, and arterial highways for easy access towards the CBD or Peninsula.
Be welcomed into front reception area which easily leads towards the open plan kitchen/dining and living area to the left while bedrooms are zoned to the right for maximum quiet comfort. We love this design because it allows flexibility for quiet spaces and entertaining spaces all at the same time.
Kitchen is totally renovated with new appliances; gas cooking, under bench oven, and good size bench prep area and over looking covered outdoor entertaining area makes washing up that bit more enjoyable.
Bedrooms offer built in robes and are serviced by the NEW main bathroom, complete with separate bath and shower. Separate toilet is an added convenience.
We think you'll absolutely love the undercover outdoor entertaining area, the location, and the neighbours. Be quick to Register so we can notify you of our next open for inspection date and apply online through Ignite to Fast Track your interest.
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 10,958 properties. Over the last 5 years, Houses in Cranbourne have seen a 37.17% increase in median value, while Units have seen a 41.20% increase. As at 31 December 2025:
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