4/1-3 Universal WayCranbourne West VIC 3977
Property Details for 4/1-3 Universal Way, Cranbourne West
Last Listing description (July 2024)
Attractive Investment
First National Finning Real Estate are delighted to present this prominent corner position. Located in a massively exposed position with excellent frontage to Evans Road & Paramount Boulevard.
Building area 97 m2( approx.)
Grocery Store in Vibrant shopping complex
Commercial 1 Zone
Rent: $57,850 pa plus GST and all usual outgoings CPI annual increases
Ample customer car parking
Adjoining tenancies 7/Eleven/Childcare Centre /Pharmacy, Taco Bill,
Indian takeaway, 888 Pizza, F45Gym
This property will benefit from nearby major Residential & Commercial estates currently under development.
Property History for 4/1-3 Universal Way, Cranbourne West, VIC 3977
- 24 Apr 2024Listed for Sale $900,000-$940,000
- 11 Dec 2023Listed for Sale $900,000-$950,000
- 05 Jul 2018Listed for Sale EXPRESSION OF INTEREST
Recent sales nearby
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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 9,394 properties. Over the last 5 years, Houses in Cranbourne West have seen a 37.03% increase in median value, while Units have seen a 33.68% increase. As at 31 December 2025:
- The median value for Houses in Cranbourne West is $779,606 while the median value for Units is $576,500.
- Houses have a median rent of $585 while Units have a median rent of $510.
Suburb Insights for Cranbourne West 3977
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