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VIC › Cranbourne West › Panama Rd

20 Panama Rd, Cranbourne West VIC 3977

For saleHouse for Sale

$829,000–$880,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $829,000–$880,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $829,000–$880,000(Listing record · 10 Aug 2026)
  • CalculationIf it leased at Cranbourne West's advertised median rent ($570/wk), implied gross yield would be 3.58% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$829,000–$880,000

Asking range

No recorded sale for this property.

Cranbourne West at a glance

20,239

People

No data

Median sale

$570/wk

Median rent

No data

Suburb gross yield

See the full Cranbourne West report →

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$829,000
Stamp Duty (Victoria)
$44,810
Transfer/Registration Fee
$2,044
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$879,554

$50,554 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Cranbourne West's advertised median rent — not a rent for this listing.

Net yield
2.08%
Annual cashflow (pre-tax)
$-25,903
Interest cover (DSCR)
0.40
Annual rent
$29,640
Operating expenses
$12,435
Loan amount
$663,200
Annual interest
$43,108
Gross yield
3.58%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$829,000–$880,000available10 Aug 2026

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 $570/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

Gross yield if leased at the suburb aggregate is 3.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 West in one glance

Cranbourne West at a glance

20,239

People

No data

Median sale

$570/wk

Median rent

No data

Suburb gross yield

See the full Cranbourne West report →

Keep researching

  • Why Cranbourne West? Read the area thesis →
  • What else is on the market in Cranbourne West →
  • Other records on Panama Rd →

Listing material

Listed by Gr8 Est8 Agents

The Ultimate Family Home

The Ultimate Family Home at 20 Panama Road, Cranbourne West

Step into luxury and comfort at 20 Panama Road, Cranbourne West—a beautifully designed, feature-packed family home that redefines modern living. This stunning property combines sophisticated design, practical functionality, and a location that provides unparalleled convenience.

Property Overview

Read the full description

This remarkable home is built with family living in mind, offering 4 bedrooms, 2 bathrooms, a double lock-up garage, and thoughtful extras that make everyday life more enjoyable. Designed with premium finishes and high-quality features, this property stands out as the perfect choice for families, entertainers, and investors alike.

Inside the Home:

Bedrooms and Bathrooms:

Master Suite:

A spacious retreat with a walk-in wardrobe and a luxurious private ensuite, finished with modern fixtures and dual vanities for added convenience.

Three Additional Bedrooms:

All generously sized with built-in wardrobes and plenty of natural light.

Main Bathroom:

Centrally located with a separate bathtub and shower, ideal for families.

Living Spaces:

Formal Lounge:

A versatile space perfect for quiet relaxation, entertaining guests, or even a home office setup.

Open-Plan Family Area:

The heart of the home, this expansive space connects the kitchen, dining, and living areas seamlessly.

Kitchen:

A chef’s dream, the kitchen boasts:

Premium Stone Benchtops – Elegant and durable surfaces that make meal prep a breeze.

Butler’s Pantry – With additional storage and workspace, keeping the main kitchen area clutter-free.

State-of-the-Art Appliances:

A large oven and a 5-burner gas cooktop, perfect for cooking family meals or entertaining guests.

High-quality finishes, designed for style and practicality.

Comfort and Technology:

Ducted Heating – Provides consistent warmth during the cooler months.

Split System Heating & Cooling – Ensures year-round comfort in key living spaces.

Solar Panels – Energy-efficient and environmentally friendly, saving you money on utility bills.

CCTV Security System – Offers peace of mind with around-the-clock monitoring.

Outdoor Living:

Built-In Alfresco Area:

Fully integrated, designed for all-weather use, and ideal for outdoor dining or entertaining guests.

Low-Maintenance Backyard:

Landscaped with artificial grass, creating a functional, hassle-free space for kids and pets to enjoy.

Prime Location Benefits:

Situated in the thriving community of Cranbourne West, this home offers unmatched convenience:

Education:

Close to reputable local schools, making school drop-offs quick and easy.

Shopping:

Minutes from local shops and major shopping centers, ensuring all your needs are nearby.

Transport:

Easy access to the freeway, making commutes to Melbourne or weekend getaways stress-free.

Recreation:

Just moments from a premier golf course, perfect for leisure and unwinding.

Why Choose This Home?

From the thoughtful layout to the premium features and unbeatable location, 20 Panama Road offers something for everyone. Whether you're looking for a low-maintenance family home, an entertainer’s haven, or a smart investment opportunity, this property delivers on every front.

All the hard work has been done so make sure you add this to your list as it wont last!!!

Call Leo 0434 929 184

PHOTO ID IS REQUIRED ON ALL INSPECTIONS

“Selling? Get Gr8. Get SOLD! Trustworthy – Transparent – Proven Results

*All information contained therein is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided.

Listing description written by Leo Zeneli, Gr8 Est8 Agents — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Living Areas: 2
  • Shed
  • Solar Panels
  • Toilets: 2
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.