990 Thompsons Road, Cranbourne West, VIC 3977 | Property Value & History | OnTheHouse
 
OFF MARKET

990 Thompsons Road
Cranbourne West VIC 3977

Bedrooms: 4
Bathrooms: -
Car spaces: -
Land area: 19295m2
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Property Details for 990 Thompsons Rd, Cranbourne West

Building Type
Commercial
Land Size
19295m2
Local Government
Casey
Lot/Plan
6/PS824448

Last Listing description (May 2022)

With over 9.5* hectares of prime commercial land in Melbourne's tightly held south-east employment corridor, Thompsons Road and Missens Road Cranbourne West, provides an opportunity not seen in the market for over a generation.

The last of its kind, offering a significant land holding with the ultimate flexibility. With five substantial lots sprawling across 9.5* hectares, a commercial offering of this size and flexibility cannot be found anywhere else in Melbourne's south-east.

Ideally located in one of Melbourne's fastest growing suburbs, featuring unrivalled connectivity to Greater Melbourne and approximately 300*m of frontage to Thompsons Road.

THE NEW EPICENTRE OF MELBOURNE'S SOUTH-EAST

Melbourne's south-east industrial market is seeing record low vacancy rates and a shortage in supply. Fuelled by the accelerated growth of e-commerce, requiring substantially more warehousing space in a market with existing supply constraints. Once centred only around Dandenong, Melbourne's industrial heartland is now shifting south to areas such as Cranbourne West due to supply constraints and rising prices in Dandenong.

This exceptional offering is one not to be missed.

For Sale by Expressions of Interest closing Wednesday, 8th December 2021 at 3pm (AEST)

The five lots are for sale in one line or individually. Combinations of multiple lots will be considered by the vendor, as well as opportunities for joint venture investments alongside the current owner.

AGENT CONTACTS

Joe Catanese Ben Ameti
0418 367 514 0434 551 577

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Property History for 990 Thompsons Rd, Cranbourne West, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$11,088,525
22 Apr 2022
  • 22 Apr 2022
    Sold for $11,088,525
  • 04 Nov 2021
    Listed for Sale Contact Agent
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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.
There are currently 40 properties listed for sale, and 16 properties listed for rent in Cranbourne west on OnTheHouse. According to Cotality's data, 501 properties were sold in the past 12 months in Cranbourne west.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. 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
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