Cranbourne East at a glance
29,720
People
No data
Median sale
$605/wk
Median rent
No data
Suburb gross yield
VIC › Cranbourne East › Macpherson Circuit
$621,500
Last sold
26 Feb 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
448 m²
Land
137 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$621,500
26 Feb 2021 · derived via latest_sale
Local land rate: recorded House sales in Cranbourne East (last 5 years) with land size have a median of $1,469/m² of land (n=37). Districts calculation from recorded sales — not a valuation.
Cranbourne East at a glance
29,720
People
No data
Median sale
$605/wk
Median rent
No data
Suburb gross yield
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning 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.
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
No advertised rent is recorded. Suburb median rent $605/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Cranbourne East at a glance
29,720
People
No data
Median sale
$605/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Ray White CranbourneCRANBOURNE EAST - PARK EDGE ESTATE - If you are looking for a property that offers outstanding value for money with nothing to do but move in, you have come to the right address. This perfectly presented SIMOND built home is appealing for first home buyers, downsizers or investors.
This home offers contemporary neutral tones complementing the open plan living with an abundance of natural light.
You will love the central oversized kitchen offering an abundance of cupboard and bench space, stainless steel appliances and dishwasher all overlooking the meals/family area. This leads out to an amazing entertaining area for year-round enjoyment.
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.
The large colour bond pergola entertaining area has to be seen to be believed with decking, you will love to entertain family and friends all year round.
Features include:-
- Split system cooling
- Ducted heating
- Stainless steel appliances
- Stone benchtops
- Close to parks
- Easy care front and rear gardens
- Double garage with remote control and internal access
- Close to School
- Close to shops
Park Edge Estate is Located within Cranbourne East, and just 45 minutes from Melbourne's CBD, Parks Edge simply couldn't be better placed. Located right next door to Casey Fields sports centre and around the corner from Cranbourne Park shopping centre the estate is also within close proximity to Fountain Gate shopping centre, many childcare centres, primary and secondary schools, as well Chisholm Institute of TAFE and Monash University campuses are all within a short distance.
BOOK AN INSPECTION TODAY, IT MAY BE GONE TOMORROW - PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS!
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.
Listing description written by Mubashir Habib, Ray White Cranbourne — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.