40 Paramount Boulevard, Cranbourne West, VIC 3977 | Property Value & History | OnTheHouse
OFF MARKET

40 Paramount Boulevard
Cranbourne West VIC 3977

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1050m2
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Property Details for 40 Paramount Bvd, Cranbourne West

Building Type
Commercial
Land Size
1050m2
Local Government
Casey
Lot/Plan
205/PS826858

Last Listing description (June 2021)

Located in the booming Clyde North industrial precinct, these factories are benefited from major arterials such Clyde Road and Thompsons Road and on the doorstep of the new Bunnings and Aldi.

Features:
- Total Area 664m2

- Office of 85m2
- Brand New
- 10 car parks
- 3 phase power
- Electric Gates
- Security Alarm
- LED Lighting
- Motorised roller door
- Minimum height 7.6m

Tenant Information

Business: Cabinet Makers
Initial Term: 5 years
Rent: $48,000pa + Gst + Outgoings
Fixed: 4% increases

Please call the listed agents for further information!

Property History for 40 Paramount Bvd, Cranbourne West, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$1,100,000
14 Apr 2021
  • 14 Apr 2021
    Sold for $1,100,000
  • 06 Jan 2021
    Listed for Sale $1,128,000
  • 11 Apr 2019
    Sold for $427,900
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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 9,393 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 40 properties listed for sale, and 14 properties listed for rent in Cranbourne west on OnTheHouse. According to Cotality's data, 494 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.