8 Universal Way, Cranbourne West, VIC 3977 | Property Value & History | OnTheHouse
 
OFF MARKET

8 Universal Way
Cranbourne West VIC 3977

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 319m2
Land area: 423m2
Improve this data
We do not have enough data to display the calculated estimate for this property.
Share
Save

Property Details for 8 Universal Way, Cranbourne West

Building Type
Commercial
Year Built
2016
Floor Size
319m2
Land Size
423m2
Local Government
Casey
Lot/Plan
1/PS742146

Last Listing description (November 2023)

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. Only one left

Shop 1 SOLD / 54 m2 / Food outlet 3
* Shop 2 SOLD / 64 m2 / Pizza outlet lease 5x5

Shop 3 SOLD /91 m2/ Indian Food Outlet lease 8x8 commencing 2019.
Shop 8 /220 m2 /Pharmacy /10 x 5 commencing June 2017. Rent : $52,167 pa net
Excellent entry-level investment
Zoning: Commercial 1 zone
Ample car parking

This property will benefit from nearby major Residential & Commercial estates currently under development.

Please contact Rick Lauretta 0418 800 913 for further information.

Show More

Property History for 8 Universal Way, Cranbourne West, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$460,000
27 Jun 2017
Listed for Rent
$519/w
20 Apr 2016
  • 03 Oct 2023
    Listed for Sale $880,000-$920,000
  • 27 Jun 2017
    Sold for $460,000
  • 18 May 2017
    Listed for Sale $475,000
Sign in to see more transactions
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 38 properties listed for sale, and 16 properties listed for rent in Cranbourne west on OnTheHouse. According to Cotality's data, 498 properties were sold in the past 12 months in Cranbourne west.

Cranbourne West Profile Page

Suburb Insights for Cranbourne West 3977

Visit Cranbourne West profile page
Market Insights
Cranbourne West Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Cranbourne West Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Cranbourne West profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED