55 Springhill Dr, Cranbourne is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 512m2 and floor size of 165m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
This property presents an ideal investment opportunity, boasting a well-maintained 3-bedroom home with an additional study in the thriving suburb of Cranbourne. The master bedroom is a standout feature, offering both comfort and convenience with its ensuite bathroom and walk-in robe. The remaining bedrooms are equipped with built-in robes, ensuring ample storage space for occupants. The functional kitchen is thoughtfully designed, overlooking the open living and dining area, which seamlessly leads to the welcoming family room. Moreover, the property offers a spacious outdoor pergola, perfect for enjoying outdoor gatherings and relaxation. This residence combines modern living with practicality, making it an attractive option for investors seeking a valuable addition to their portfolio.
Main features of the property
- 3 bedrooms
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 10,951 properties. Over the last 5 years, Houses in Cranbourne have seen a 31.74% increase in median value, while Units have seen a 32.51% increase. As at 31 March 2026:
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