12 Panama Road, Cranbourne West, VIC 3977 | Property Value & History | OnTheHouse
OFF MARKET

12 Panama Road
Cranbourne West VIC 3977

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 121m2
Land area: 375m2
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Property Details for 12 Panama Rd, Cranbourne West

12 Panama Rd, Cranbourne West is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 375m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
House
Year Built
2017
Floor Size
121m2
Land Size
375m2
Local Government
Casey
Lot/Plan
223/PS724509

Last Listing description (November 2021)

THE PERFECT FAMILY HOME
BOOK AN INSPECTION TODAY, IT MAY BE GONE TOMORROW - PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS!

AS PER GOVERNMENT REGULATIONS, ANYONE ATTENDING A PUBLIC OPEN HOME INSPECTION MUST PROVIDE PROOF OF DOUBLE VACCINATION AND CHECK-IN VIA QR CODE PROVIDED ON SITE.

CRANBOURNE WEST: Perfectly located in the up-and-coming Cranbourne West region, this near new property offers an excellent opportunity to secure a property with plenty of living space and style:
- Large open plan living and dining area
- 4 Generous bedrooms
- Ducted heating
- Master bedroom equipped with full ensuite and walk-in robe
- Kitchen is equipped with stainless steel appliances.
- Remote double garage with internal access
- Plenty of natural light
- Quality finishes
- Low maintenance gardens.

Cranbourne West is a fast developing and family friendly area. Offering a great combination of schools including Cranbourne West Primary, and St Peter's College. The area provides easy access to main arterial roads including the Monash Freeway and East Link and is very popular with families and investors. Access to public transport including Merinda Park Station and Cranbourne Train Station is close by.

BOND $1956.

Property History for 12 Panama Rd, Cranbourne West, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$522,000
27 Sep 2018
Listed for Rent
$450/w
29 Oct 2021
  • 13 Oct 2021
    Listed for Rent $450 / week
  • 27 Sep 2018
    Sold for $522,000
  • 14 Sep 2018
    Listed for Sale Not Disclosed
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About Cranbourne West 3977

The size of Cranbourne West is approximately 11.8 square kilometres. It has 23 parks covering nearly 10.1% of total area. The population of Cranbourne West in 2016 was 15035 people. By 2021 the population was 19969 showing a population growth of 32.8% in the area during that time. The predominant age group in Cranbourne West is 30-39 years. Households in Cranbourne West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne West work in a trades occupation.In 2021, 74.30% of the homes in Cranbourne West were owner-occupied compared with 76.00% in 2016.

Cranbourne West has 9,385 properties. Over the last 5 years, Houses in Cranbourne West have seen a 30.57% increase in median value, while Units have seen a 40.17% increase. As at 31 March 2026:

  • The median value for Houses in Cranbourne West is $792,461 while the median value for Units is $609,745.
  • Houses have a median rent of $590 while Units have a median rent of $540.
There are currently 42 properties listed for sale, and 16 properties listed for rent in Cranbourne west on OnTheHouse. According to Cotality's data, 497 properties were sold in the past 12 months in Cranbourne west.

Suburb Insights for Cranbourne West 3977

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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.