38 Wallace Road, Cranbourne, VIC 3977 | Property Value & History | OnTheHouse
OFF MARKET

38 Wallace Road
Cranbourne VIC 3977

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 123m2
Land area: 657m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 8 Dec 2025
Low

High
Save

Property Details for 38 Wallace Rd, Cranbourne

38 Wallace Rd, Cranbourne is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 657m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
House
Year Built
1985
Floor Size
123m2
Land Size
657m2
Local Government
Casey
Lot/Plan
170/LP134557

Last Listing description (December 2024)

Occupying an impressive 660sqm with plenty of natural light, this freshly painted residence with brand new carpets and block-out roller blinds is a fantastic home to get you into the Cranbourne market.

With unlimited possibilities, occupy or invest, this well-maintained residence has incredible house-flipping opportunities.

A light-filled master bedroom with a walk-through robe as well as two spacious additional bedrooms with built-in robes all share a centrally located two-way bathroom, including a separate bath and shower and a separate toilet.

Featuring raked ceilings, the light-filled kitchen/living/dining zone is the social focal point of the home, a hub for all members of the family to gather and spend time with one another.

The well-appointed kitchen features generous bench space, clever cabinetry and premium appliances.

Highly functional for both children and adults, the extra-large backyard and sprawling established lawn invites instant relaxation.

The well-designed outdoor area with its expansive alfresco and extended pergola is an extension of the living and dining zones, providing extra space to entertain in total comfort and privacy

Other highlights and creature comforts include a space-efficient laundry, cupboard storage, split-system heating/cooling, ceiling fans plus a double carport and a garden shed.

Walking distance to Cranbourne West Primary School, ovals and reserves, and convenient everyday shopping, this brick and tile beauty with its towering ceiling heights and enormous backyard is a first homebuyer's or a renovator's dream.

BOOK AN INSPECTION TODAY, IT MAY BE GONE TOMORROW - PHOTO ID REQUIRED AT ALL INSPECTIONS!

DISCLAIMERS:

Every precaution has been taken to establish the accuracy of the above information, however it does not constitute any representation by the vendor, agent or agency.

Our floor plans are for representational purposes only and should be used as such. We accept no liability for the accuracy or details contained in our floor plans.

Due to private buyer inspections, the status of the sale may change prior to pending Open Homes. As a result, we suggest you confirm the listing status before inspecting.

All information contained herein has been provided by the vendor, the agent accepts no liability regarding the accuracy of any information contained in this brochure.

Property History for 38 Wallace Rd, Cranbourne, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$651,000
29 Oct 2024
Listed for Rent
$198/w
18 Mar 2007
  • 29 Oct 2024
    Sold for $651,000
  • 21 Oct 2024
    Listed for Sale $580,000 - $635,000
  • 24 Apr 2009
    Listed for Sale $264,950
Sign in to see more transactions
Commute Calculator

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 37.34% increase in median value, while Units have seen a 39.61% increase. As at 30 November 2025:

  • The median value for Houses in Cranbourne is $753,732 while the median value for Units is $530,499.
  • Houses have a median rent of $535 while Units have a median rent of $480.
There are currently 48 properties listed for sale, and 30 properties listed for rent in Cranbourne on OnTheHouse. According to Cotality's data, 557 properties were sold in the past 12 months in Cranbourne.

Suburb Insights for Cranbourne 3977

Market Insights
Cranbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Cranbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
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.