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VIC › Cranbourne North › Wheelers Park Dr

185 Wheelers Park Dr, Cranbourne North VIC 3977

House

$585,000

Last sold

3 Dec 2021

3

Bedrooms

2

Bathrooms

2

Car spaces

322 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $585,000 (3 Dec 2021).(Recorded sale)
  • FactLand 322 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Cranbourne North (last 5 years) with land size: median $1,344/m² of land (n=58). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  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

$585,000

3 Dec 2021 · derived via latest_sale

Local land rate: recorded House sales in Cranbourne North (last 5 years) with land size have a median of $1,344/m² of land (n=58). Districts calculation from recorded sales — not a valuation.

Cranbourne North at a glance

26,004

People

No data

Median sale

$566/wk

Median rent

No data

Suburb gross yield

See the full Cranbourne North report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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$585,0003 Dec 2021
  2. Listedprice unknowncompleted14 Oct 2021
  3. Listedprice unknowncompleted14 Oct 2021

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?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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 $566/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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Cranbourne North in one glance

Cranbourne North at a glance

26,004

People

No data

Median sale

$566/wk

Median rent

No data

Suburb gross yield

See the full Cranbourne North report →

Keep researching

  • Why Cranbourne North? Read the area thesis →
  • What else is on the market in Cranbourne North →
  • Other records on Wheelers Park Dr →

Listing material

Listed by Ray White Cranbourne

SOLD BY MUBASHIR HABIB!

CRANBOURNE NORTH - TULLIALAN ESTATE - If you are looking for a property that offers outstanding value for money with nothing to do but move in or rent it out, you have come to the right address. This perfectly presented home is appealing for first home buyers, downsizers or investors with nothing to do but move in.

The kitchen is equipped with all the features you could need, including stainless steel four gas burner stovetop with rangehood, 600mm oven and plenty of storage.

The kitchen has a separate dining area, with ample space which overlooks the living room, for seamless open plan entertaining. Surrounded by windows, this space is beautifully lit and the perfect spot for chilling out with the family.

Read the full description

Spacious master bedroom with full ensuite and walk-in robe, the other 2 true to size bedrooms both with built-in robes and shared family bathroom.

Private and sunny, the outdoor area is a happy place to sit and relax with friends and family, or perfect to take a moment to yourself. With plenty of ways to customise and make this yours, this backyard can be whatever you want it to be. Complemented by a garage with access to the yard, you have all you need at 3 Supplejack Walk.

Features include:

Close to school

Close to park

Ducted heating and ceiling fans in each bedroom

Stone benchtop

Double remote garage

Easy to care for front and rear yards

Cranbourne North Highly sought after schools including Rangebank Primary, Courtenay Gardens Primary, Carlisle Primary, Lyndhurst Secondary College and Alkira Secondary College are located in the area. Easy access is available to Cranbourne's Homemaker Centre, Thompson Parkway Shopping Centre, Springhill Shopping Centre and public transport including Merinda Park Train Station.

NOTE : The property is leased until 8th of Feb 2022.

BOOK AN INSPECTION TODAY, IT MAY BE GONE TOMORROW - PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS!

AS PER GOVERNMENT REGULATIONS, ANYONE ATTENDING A PUBLIC OPEN HOME INSPECTION OR AUCTION MUST PROVIDE PROOF OF DOUBLE VACCINATION AND CHECK VIA QR CODE PROVIDED ON SITE

DISCLAIMERS:

Every precaution has been taken to establish the accuracy of the above information, however it does not constitute any representation by the vendor, agent or agency.

Our floor plans are for representational purposes only and should be used as such. We accept no liability for the accuracy or details contained in our floor plans.

Due to private buyer inspections, the status of the sale may change prior to pending Open Homes. As a result, we suggest you confirm the listing status before inspecting.

All information contained herein has been provided by the vendor, the agent accepts no liability regarding the accuracy of any information contained in this brochure.

Listing description written by Mubashir Habib, Ray White Cranbourne — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Solar Hot Water

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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.