20 Gwen RoadCranbourne West VIC 3977
Property Details for 20 Gwen Rd, Cranbourne West
Last Listing description (November 2022)
Cushman and Wakefield is pleased to offer for sale, 20 Gwen Road, Cranbourne West via deadline private sale closing 24 November 2022 at 4pm.
With Melbourne south east's diminishing land supply, the opportunity to acquire a unique site within the developing Cranbourne West industrial precinct is truly a rare offering.
Site features includes:
* Zoned Business Park under the Cranbourne West Precinct Structure Plan (PSP) providing for office/warehouse development
* 91.6m* frontage to Gwen Road
* Immediate access to Thompsons Road providing access to Western Port Highway, Eastlink and South Gippsland Highway
* Regular shape allotment suitable for industrial business park, larger logistics users or land subdivision (STCA)
* 4km* south of the future Dandenong South Inland Port
* Only 600 metres south of Marriott Waters Shopping Centre and 1km* from Merinda Park Train Station
Please contact exclusive Cushman and Wakefield agents for further information.
Property History for 20 Gwen Rd, Cranbourne West, VIC 3977
- 09 Dec 2022Sold for $12,430,000
- 24 Oct 2022Listed for Sale Contact Agent
- 01 Jan 2003Transferred
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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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