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VIC › Cranbourne South › Cilroy Cres

22 Cilroy Cres, Cranbourne South VIC 3977

House

$920,000

Last sold

18 Apr 2026

4

Bedrooms

2

Bathrooms

2

Car spaces

399 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 $920,000 (18 Apr 2026).(Recorded sale)
  • FactLand 399 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Cranbourne South (last 5 years) with land size: median $2,060/m² of land (n=74). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned URBAN GROWTH ZONE - SCHEDULE 11 (UGZ11) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactDEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 19 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 19 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

$920,000

18 Apr 2026 · derived via latest_sale

Local land rate: recorded House sales in Cranbourne South (last 5 years) with land size have a median of $2,060/m² of land (n=74). Districts calculation from recorded sales — not a valuation.

Cranbourne South at a glance

6,971

People

$850,000

Median sale

$589/wk

Median rent

3.60%

Suburb gross yield

Median sale from 43 recorded sales (last 12 months) — a Districts calculation.

See the full Cranbourne South report →

Vs Cranbourne South

+8.2%

Median sale

Suburb $850,000

-0.27 pp

Gross yield

Suburb 3.60%

Suburb median $850,000 from 43 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

URBAN GROWTH ZONE - SCHEDULE 11

UGZ11

Jurisdiction

Casey

Casey, VIC

Planning overlays

  • DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 19Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 427477071

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$920,00018 Apr 2026
  2. Listedprice unknowncompleted5 Mar 2026
  3. Listedprice unknowncompleted5 Mar 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?

Confidence: medium

Zoned URBAN GROWTH ZONE - SCHEDULE 11 · UGZ11 (ZN). Official parcel area about 401 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 19. 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 $589/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 URBAN GROWTH ZONE - SCHEDULE 11 · UGZ11 (ZN). Official parcel area about 401 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 19. 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

Cranbourne South in one glance

Cranbourne South at a glance

6,971

People

$850,000

Median sale

$589/wk

Median rent

3.60%

Suburb gross yield

Median sale from 43 recorded sales (last 12 months) — a Districts calculation.

See the full Cranbourne South report →

Keep researching

  • Why Cranbourne South? Read the area thesis →
  • What else is on the market in Cranbourne South →
  • Other records on Cilroy Cres →

Listing material

Listed by ION Real Estate

Modern Federation Elegance with Designer Finishes

Elegant, refined and beautifully detailed, this four-bedroom residence in Cranbourne South blends classic charm with modern comfort. From the moment you step inside, the home showcases timeless design elements — decorative cornices, archways and soft neutral tones — all centred around a stunning statement kitchen that anchors the heart of the home.

Thoughtfully designed for both everyday living and entertaining, the layout delivers multiple living zones, generous proportions and seamless indoor–outdoor flow.

Features

Read the full description

• Four spacious bedrooms, including a private master suite with walk-in robe and ensuite

• Dedicated theatre room positioned at the front of the home

• Expansive open plan family and meals area filled with natural light

• Designer kitchen featuring stone island bench, detailed cabinetry, quality appliances and walk-in pantry

• Elegant architectural detailing including decorative ceiling rose, feature archways and wall panelling

• Central main bathroom with separate WC

• Well-appointed laundry with external access

• Covered alfresco flowing from the main living area – ideal for entertaining

• Double garage with internal access, downlights & feature pendants throughout, ducted heating, split system cooling, decorative lighting to the front & rear gardens.

• Low-maintenance backyard with room to personalise

Positioned in a well-connected pocket of Cranbourne South, this home enjoys the perfect balance of convenience and lifestyle. Families will appreciate the close proximity to quality local schools and childcare options, while everyday essentials are easily covered with nearby shopping centres, cafés and medical facilities. Surrounded by parks, playgrounds and walking tracks, the area offers a relaxed, community-focused atmosphere, all with straightforward access to major road links and public transport for an easy commute.

Combining timeless design with functional family living, this home offers warmth, character and space in equal measure. A beautifully presented opportunity ready to move in and enjoy.

Disclaimer:

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 photos, floor plans and site plans are for representational purposes only.

We accept no liability for the accuracy or details in our photos, floor plans or site plans.

Please note the status of and or the information on the property may change at any time.

Please see the link below for due diligence check-list.

https://www.consumer.vic.gov.au/duediligencechecklist

PHOTO ID IS REQUIRED AT OPEN FOR INSPECTIONS.

Listing description written by Matthew Shores, ION Real Estate — reproduced as published, not verified by Districts.

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.