16 Panama Road, Cranbourne West, VIC 3977 sold on 04 March 2025 | OnTheHouse
SOLD
Sold on 04 Mar 2025 for $722,000

16 Panama Road
Cranbourne West VIC 3977

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Property Details for 16 Panama Rd, Cranbourne West

16 Panama Rd, Cranbourne West is a 4 bedroom, 2 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 4 bedroom House sold in Cranbourne West in the last 12 months.

Building Type
House

Last Listing description (March 2025)

Versatile Four-Bedroom Home with Business Potential at 16 Panama Rd, Cranny West

Welcome to your dream home and business opportunity rolled into one! Located in the heart of Cranny West, 16 Panama Rd offers the perfect blend of modern living, practical functionality, and endless possibilities.

Key Features:

Four Spacious Bedrooms
Each bedroom is designed for comfort and style, perfect for family living or creating dedicated workspaces.
Two Contemporary Bathrooms
Beautifully finished and functional, these bathrooms add a touch of luxury to your everyday routine.

Double Lock-Up Garage
Secure parking with extra space for storage, tools, or equipment.
Expansive Open-Plan Living
The open-plan layout seamlessly connects the kitchen, dining, and living areas, creating a welcoming and flexible space for relaxation or entertaining.
Beautiful Decking and Outdoor Space
Step outside to a stunning deck area, ideal for alfresco dining, entertaining guests, or enjoying peaceful moments in your private oasis.

Prime Location
Situated in the sought-after Cranny West neighborhood, this home offers easy access to schools, shopping, public transport, and local amenities.
Work from Home Potential:
This property is perfect for those looking to combine home and business. With versatile spaces, you can set up a:

Hairdressing Salon
Beauty Salon
Home Office
Consulting Room
Or any other business that fits your vision!
The layout and prime location make it convenient for clients to visit while maintaining privacy for your family.

Sustainability Features:
Solar Panels
Reduce your energy bills and carbon footprint with the installed solar system.
Whether you're a growing family, an entrepreneur, or both, 16 Panama Rd is a property that offers lifestyle and income potential in one incredible package.

Shopping: Close to major shopping centers, local markets, and convenience stores.
Golf Courses: Easy access to nearby golf courses for weekend leisure or regular practice.
Healthcare: Proximity to a major hospital and medical centers ensures peace of mind.
Public Transport: Well-connected by public transport and easy access to major roadways for seamless commuting.

All the hard work has been done so make sure you add this to your list as it wont last!!!

Call Leo 0434 929 184

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*All information contained therein is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided.

Property History for 16 Panama Rd, Cranbourne West, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$722,000
04 Mar 2025
Listed for Rent
$385/w
26 Nov 2017
  • 16 Feb 2025
    Sold for $722,000
  • 20 Jan 2025
    Listed for Sale SOLD BY LEO ZENELI 0434 929 184
  • 18 Aug 2018
    Sold for $515,000
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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 9,390 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.
There are currently 38 properties listed for sale, and 10 properties listed for rent in Cranbourne west on OnTheHouse. According to Cotality's data, 492 properties were sold in the past 12 months in Cranbourne west.

Suburb Insights for Cranbourne West 3977

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Leo Zeneli
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Chaz Selimi
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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.