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VIC › Bundoora › Cranberry Pl

16 Cranberry Pl, Bundoora VIC 3083

House

$1,250,000

Last sold

9 Mar 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

520 m²

Land

400 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,250,000 (9 Mar 2024).(Recorded sale)
  • CalculationRecorded House sales in Bundoora (last 5 years) with land size: median $1,573/m² of land (n=109). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 5 (GRZ5) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactDEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$1,250,000

9 Mar 2024 · derived via latest_sale

Local land rate: recorded House sales in Bundoora (last 5 years) with land size have a median of $1,573/m² of land (n=109). Districts calculation from recorded sales — not a valuation.

Bundoora at a glance

31,105

People

$911,000

Median sale

$520/wk

Median rent

2.97%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Bundoora report →

Vs Bundoora

+37.2%

Median sale

Suburb $911,000

-0.81 pp

Gross yield

Suburb 2.97%

Suburb median $911,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE - SCHEDULE 5

GRZ5

Jurisdiction

Whittlesea

Whittlesea, VIC

Planning overlays

  • DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 52909255

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,250,0009 Mar 2024
  2. Listedprice unknowncompleted8 Feb 2024
  3. Listedprice unknowncompleted8 Feb 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 5 · GRZ5 (ZN). Official parcel area about 521 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $520/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 5 · GRZ5 (ZN). Official parcel area about 521 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownlow

    The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3. This overlay can reduce what the land size appears to promise.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Bundoora in one glance

Bundoora at a glance

31,105

People

$911,000

Median sale

$520/wk

Median rent

2.97%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Bundoora report →

Keep researching

  • Why Bundoora? Read the area thesis →
  • What else is on the market in Bundoora →
  • Other records on Cranberry Pl →

Listing material

Listed by Ray White Bundoora

SOLD $1,250,000 BY ALICE ROSSI & NICK RISTEVSKI

Your Dream Family Home Awaits: Modern Tuscan Living in Botanica Park

Nestled within the highly coveted Botanica Park estate in Bundoora, this modern Tuscan-inspired home presents an unparalleled opportunity for growing families.

Boasting a prime location, this residence offers unparalleled convenience with immediate access to Bundoora's bustling factory outlet shopping precinct, the convenient Route 86 tram to CBD, esteemed universities, reputable schools and major freeways.

Read the full description

Step inside to discover a haven of modern luxury, where quality finishes seamlessly blend with low-maintenance gardens, creating a warm and inviting atmosphere ideal for families.

The home strikes a perfect balance between formal and informal living areas, providing ample space for every occasion.

Entertain effortlessly in the spacious living and dining area, enhanced by bi-fold French doors that seamlessly merge indoor and outdoor spaces for year-round enjoyment.

An impeccably renovated kitchen awaits your culinary adventures, featuring high-end appliances, ample storage solutions and a spacious pantry.

On the ground floor, you'll also discover an elegant study that easily converts into a guest bedroom, along with a convenient guest powder room.

Upstairs, a serene lounge area awaits, alongside the central bathroom boasting a luxurious spa bath and four generously sized bedrooms, all equipped with built-in robes.

The master bedroom exudes luxury with its grand walk-in robe, ensuite, and private balcony offering tranquil natural views.

Outside, an inviting backyard awaits, complete with a quality NBA-grade basketball court and a pizza oven, providing endless entertainment opportunities for the whole family.

Additional features include gas ducted heating, evaporative cooling, high-speed WiFi internet, full laundry and a double remote garage with internal access and elegant side windows.

With every detail meticulously crafted for comfort and style, this home is ready to be cherished by its new owners.

Don't miss your chance to make unforgettable memories in this exceptional property!

Land Size: 520sqm

House Size: 38sq approx.

Deposit Terms: 10% of the purchase price

Rental Appraisal: $750 -$800 per week

Nearest Private Schools: Parade College, Loyola College, St Damian's Primary, and Christian College.

Nearest Universities: RMIT University and LaTrobe University.

Nearest Public Schools: Bundoora Primary and Secondary

Nearest Public Transport: Walking distance to school bus stops, shuttle to Thomastown train station, Tram 86 along Plenty Rd

Listing description written by Alice Rossi, Ray White Bundoora — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ducted Heating
  • Outdoor Entertaining
  • Remote Garage
  • Study
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.