Cranbourne at a glance
22,726
People
No data
Median sale
$555/wk
Median rent
No data
Suburb gross yield
VIC › Cranbourne › Milner Ct
$585,150
Last sold
22 May 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
573 m²
Land
160 m²
Building
Districts View
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
$585,150
22 May 2023 · derived via latest_sale
Local land rate: recorded House sales in Cranbourne (last 5 years) with land size have a median of $1,008/m² of land (n=49). Districts calculation from recorded sales — not a valuation.
Cranbourne at a glance
22,726
People
No data
Median sale
$555/wk
Median rent
No data
Suburb gross yield
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Casey
Casey, VIC
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
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 573 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.
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. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $555/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 573 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.
Area
Cranbourne at a glance
22,726
People
No data
Median sale
$555/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Ray White CranbourneCRANBOURNE:
Presented to the market for the first time this fantastic family home will delight on inspection. Situated in a court position on 573m2 of land this 3 bedroom 2 bathroom home will impress the fussiest of buyers.
With a spacious lounge room on first arriving this is a great start to either a growing family or those requiring their own space, warmed in winter throughout with ducted heating and cooled in summer with evaporative cooling the space on offer will surprise.
The kitchen is located at the rear of the home with direct view over the rear garden so for those with a young family it is ideal to watch them paying safely while cooking away and also has an adjacent meals area with direct access to the outdoor entertainment area.
The master bedroom has direct access to its own bathroom and walk-in robe; the other bedrooms have built-in robes and are fully carpeted with a view over the rear garden and have easy access to the second bathroom for ease of convenience.
An added bonus is the second living area which also has a kitchenette so this could be converted into a one bedroom self contained space for teenagers or any other extra living arrangement required. Also included are 21 solar panels to keep the electricity bills down.
Outside it is a delight with a fantastic covered pergola area perfect for year round get-togethers with ample space for friends and family, as well as the four legged variety! Two garden sheds are ideal for keeping all the garden tools in great condition and the cars are sorted as well with a single garage with direct access into the house plus carport as well.
Situated close to recreation facilities, retail options, schools and transport the location appeals to those who enjoy a short walk to all amenities. A perfect family home, first home buying opportunity or investment this home should be added to your open home must visit list!
BOOK AN INSPECTION TODAY, IT MAY BE GONE TOMORROW - PHOTO ID REQUIRED AT ALL 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.
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 Russell Muir, Ray White Cranbourne — reproduced as published, not verified by Districts.
Nearby development pipeline
UnknownVictoria 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?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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.