1/47 Bakewell St, Cranbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 189m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Unit sold in Cranbourne in the last 12 months.
Discover the perfect blend of comfort and convenience with this low-maintenance two-bedroom home, ideal for first home buyers, downsizers, or savvy investors.
Positioned in a peaceful pocket just moments from everything, you'll enjoy easy access to local primary schools, a major shopping centre, public transport, medical clinics, and a great selection of cafes and restaurants.
Property Highlights:
Investor Opportunity:
Currently leased at $1950 per calendar month until 31 December 2025, this property provides an excellent, steady return.
Zoned Activity Centre Zone Schedule 1, it also offers exciting potential for running a business or future development (STCA).
Convenient Location:
Just minutes from Central Cranbourne Shopping Centre, local primary and secondary schools, Cranbourne Train Station, Cranbourne Grammar, Chisholm Institute, St. Agatha's Primary School, Little Stars Early Learning & Kindergarten, and nearby parks and public transport.
For all enquiries or to arrange a private inspection, contact John Lauretta directly.
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 10,953 properties. Over the last 5 years, Houses in Cranbourne have seen a 33.71% increase in median value, while Units have seen a 39.76% increase. As at 28 February 2026:
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