60 Cranbourne DriveCranbourne VIC 3977
Property Details for 60 Cranbourne Dr, Cranbourne
60 Cranbourne Dr, Cranbourne is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 590m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Last Listing description (February 2023)
This magnificent parcel of land is literally right next door to the main Cranbourne Shopping Centre.
A corner location of approximately 600m offers approved plans and permits to build two Double Storey properties.
It is approved to build Eight Studio Apartments in each building, conservative potential rental income based on position and location is $170,000 per year.
0424 400 400
Property History for 60 Cranbourne Dr, Cranbourne, VIC 3977
- 15 Jan 2023Sold for $690,000
- 04 Nov 2021Listed for Sale $730000
- 21 Nov 2017Sold for $563,000
Recent sales nearby
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0About 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 10,957 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:
- The median value for Houses in Cranbourne is $775,541 while the median value for Units is $548,255.
- Houses have a median rent of $550 while Units have a median rent of $490.
Suburb Insights for Cranbourne 3977
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