Cranbourne at a glance
22,726
People
No data
Median sale
$555/wk
Median rent
No data
Suburb gross yield
VIC › Cranbourne › Snead Blvd
$1,150,000
Last sold
24 May 2021
5
Bedrooms
2
Bathrooms
2
Car spaces
448 m²
Land
401 m²
Building
Districts View
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
$1,150,000
24 May 2021 · 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=50). 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 16,209 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. Official parcel about 16,209 m² — land size can look like optionality. What reduces it: DEVELOPMENT PLAN OVERLAY - SCHEDULE 12. 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
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 16,209 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 OBrien Real Estate PakenhamPrivate inspections available. Contact the agent to arrange an inspection.
Offering a staggering 7% return on a guaranteed lease back, whilst being used as a display home by one of the country's premier builders "Fairhaven Homes" which includes them paying the council rates, this premium quality constructed, fully landscaped home offers a new standards of luxury and liveability like you've never seen before.
Feel the wow, from the moment you enter the property with the wide entry hall with a feature stone cladded wall leading directly to study/home office or what could be a 6th bedroom if required.
The opulent kitchen is what the chef in you has been dreaming about. Boasting extra-large waterfall edge stone benchtops, top of the line 900mm appliances and rangehood, a butler's pantry and extensive custom joinery of the finest quality, along with a large window allowing an abundance of natural sunlight.
The functional floorplan allows great entertaining opportunities through the open plan kitchen/dining/family area with high end finishes such as cladded wall, feature timber lined ceiling and a wall mounted fan forced gas fireplace. Opening out to the alfresco/outdoor entertainment area, this space offers privacy for your day to day living and a functional, refined indoor/outdoor entertaining area with built in speakers for when you have guests over.
Upstairs, the master bedroom makes a statement with floor to ceiling glass corner windows and luxurious interiors. Fit for a king and queen, the elegant en-suite with a lavish custom fit out dressing room/WIR, free standing bath and double vanity will spoil you and start your day off morning with a smile. The remaining 4 bedrooms are all complemented by built in robes and serviced by main central bathroom. An upstairs rumpus room and an extra study nook make this level even more functional.
Some of the many additional luxury features this home offers include ducted heating, ducted refrigerated cooling, double car garage with remote and internal entry, high ceilings and an outstanding location. Only a couple of minutes to major shopping centres, public transport including the train station, golf clubs, The Cranbourne Race Club. Bars and restaurants and the Botanical Garden, you can buy this stunning home now and earn a whopping 7% return of the purchase price in rent on your investment for some time to come.
Listing description written by Rod Capuano, OBrien Real Estate Pakenham — 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?
KnownlowOfficial parcel about 16,209 m² — land size can look like optionality. What reduces it: DEVELOPMENT PLAN OVERLAY - SCHEDULE 12. This overlay can reduce what the land size appears to promise.
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.