162 Monahans Road, Cranbourne, VIC 3977 | Property Value & History | OnTheHouse
 
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162 Monahans Road
Cranbourne VIC 3977

Bedrooms: 3
Bathrooms: 2
Car spaces: 5
Floor area: 121m2
Land area: 604m2
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Last updated 9 Mar 2026
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Property Details for 162 Monahans Rd, Cranbourne

162 Monahans Rd, Cranbourne is a 3 bedroom, 2 bathroom House with 5 parking spaces and was built in 1976. The property has a land size of 604m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
House
Year Built
1976
Floor Size
121m2
Land Size
604m2
Local Government
Casey
Lot/Plan
43/LP44583

Last Listing description (January 2026)

Welcome to 162 Monahans Road, Cranbourne, an ideally positioned property offering an array of exciting opportunities. This expansive 604m block comes with an approved planning permit for a four-bedroom townhouse (details available upon request). Whether you are a first-time homebuyer, downsizer, or a savvy investor, this property presents the perfect blend of modern living and a prime location with subdivision potential.

Key Property Features:

- Land Size: 604m

- Planning Permit: Approved for a four-bedroom townhouse

Current Residence:
Three generously sized bedrooms, two bathrooms, cozy family and dining areas, and a meticulously designed kitchen with ample cupboard space, gas cooktop, and oven

Interior Features:

Tiling and carpeting in designated areas, cooling system throughout, NBN connection, and a letterbox

Outdoor Amenities:
Spacious backyard, ideal for entertaining, with raised carport, garden shed, and extra storage

Location Highlights:

- Schools: Close to Cranbourne West Primary School, Cranbourne Park Primary School, Cranbourne Secondary College, Casey Grammar, and St Agatha's Primary School

- Transport: Minutes away from Cranbourne Train Station and major roadways such as the South Gippsland Highway and Westernport Highway
- Shopping & Amenities: Convenient access to Cranbourne Park Shopping Centre, Sandhurst Centre & Coles, and other local shops
- Recreational Facilities: Proximity to parklands, Cranbourne Racecourse, and Casey RACE

This property's central location in the heart of Cranbourne makes it a perfect option for families and investors alike. Take advantage of its potential for development, or enjoy the modern conveniences it offers as a family home.

Do not miss this rare opportunity to secure a property in one of Cranbourne's most sought-after locations!

(PHOTO ID REQUIRED AT OPEN FOR INSPECTION)

Potential Rental Return: $550 per week (approx.)

NOTE: link for Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist

Disclaimer: All dimensions, sizes and layout are approximately.

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Property History for 162 Monahans Rd, Cranbourne, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$637,000
25 Dec 2024
Listed for Rent
$550/w
19 Jul 2024
  • 25 Dec 2024
    Sold for $637,000
  • 25 Oct 2024
    Listed for Sale URGENT SALE!!
  • 18 Jul 2024
    Listed for Rent $550 / week
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About Cranbourne 3977

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 33.71% increase in median value, while Units have seen a 39.76% increase. As at 28 February 2026:

  • The median value for Houses in Cranbourne is $773,428 while the median value for Units is $546,571.
  • Houses have a median rent of $540 while Units have a median rent of $483.
There are currently 48 properties listed for sale, and 27 properties listed for rent in Cranbourne on OnTheHouse. According to Cotality's data, 557 properties were sold in the past 12 months in Cranbourne.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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