5-7 Universal WayCranbourne West VIC 3977
Property Details for 5-7 Universal Way, Cranbourne West
Last Listing description (June 2021)
LEASED!
* 108 places , permit approved on 2,248 sqm (approx)
* Main road exposure, side street entry
* Ready to Build
* Impressive single level design
* Expression of interest by 11/3/21 at 4pm
Contact Celestine Eramo 0408 111 383 or Guido Bonanni 0407 444 808 to receive a detailed information memorandum and lease documentation.
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Property History for 5-7 Universal Way, Cranbourne West, VIC 3977
- 16 Aug 2021Sold for $2,310,000
- 12 Feb 2021Listed for Rent - Price not available
- 19 Feb 2020Listed 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 9,393 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.
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