162 Monahans Rd, Cranbourne is a 3 bedroom, 2 bathroom House with 5 parking spaces. The property has a land size of 604m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 3 bedroom House sold in Cranbourne in the last 12 months.
Welcome to 162 Monahans Road, Cranbourne, an ideally positioned property offering an array of exciting opportunities. This expansive 604m² 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: 604m²
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!
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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.
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 38.60% increase in median value, while Units have seen a 35.43% increase. As at 31 October 2025:
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