15-17 Universal WayCranbourne West VIC 3977
Property Details for 15-17 Universal Way, Cranbourne West
Last Listing description (January 2017)
The Savills CBD & Metropolitan Sales Team is delighted to offer for sale 15-17 Universal Way, Cranbourne West.
The property represents a fantastic opportunity to acquire a development site in one of Melbourne s major growth corridors. The property is surrounded by an abundance of retail and recreational facilities as well as having access to major roads connecting to Melbourne s CBD.
Key features of this development opportunity include:
- Extensive 59 metre* frontage to Universal Way
- Urban Growth Zone 1 (Commercial 1)
- Close proximity to Marriott Waters Shopping Centre and an evolving retail precinct along Evans Road
- Positioned in major growth corridor in Melbourne s south-east
- Close Proximity to South Gippsland Highway and Western Port Highway providing access to Melbourne CBD
The opportunity to secure a large site in one of Melbourne s major growth corridors is extremely rare, especially when you consider the expected future population growth of the south east of Melbourne. Accordingly, we encourage prospective buyers to actively consider this exceptional opportunity.
15-17 Universal Way is for Immediate Private Sale.
Julian Heatherich 0412 995 655
Property History for 15-17 Universal Way, Cranbourne West, VIC 3977
- 19 Dec 2016Sold for $1,056,000
- 03 Nov 2016Listed for Sale For Immediate Private Sale
- 27 Sep 2016Listed for Sale Contact Agent
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0About 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 9,394 properties. Over the last 5 years, Houses in Cranbourne West have seen a 38.49% increase in median value, while Units have seen a 39.19% increase. As at 30 November 2025:
- The median value for Houses in Cranbourne West is $776,398 while the median value for Units is $593,604.
- Houses have a median rent of $580 while Units have a median rent of $510.
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