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VIC › Cranbourne North › Paxford Dr

23 Paxford Dr, Cranbourne North VIC 3977

For saleHouse for Sale

$649,000–$713,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $649,000–$713,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $649,000–$713,000(Listing record · 18 June 2026)
  • CalculationIf it leased at Cranbourne North's advertised median rent ($566/wk), implied gross yield would be 4.53% — 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

$649,000–$713,000

Asking range

No recorded sale for this property.

Cranbourne North at a glance

26,004

People

No data

Median sale

$566/wk

Median rent

No data

Suburb gross yield

See the full Cranbourne North report →

Total cost to purchase

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

Purchase Price
$649,000
Stamp Duty (Victoria)
$34,010
Transfer/Registration Fee
$1,623
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
$688,333

$39,333 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 North's advertised median rent — not a rent for this listing.

Net yield
3.03%
Annual cashflow (pre-tax)
$-14,051
Interest cover (DSCR)
0.58
Annual rent
$29,432
Operating expenses
$9,735
Loan amount
$519,200
Annual interest
$33,748
Gross yield
4.53%

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$649,000–$713,000available18 June 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 $566/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 4.5%. 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 North in one glance

Cranbourne North at a glance

26,004

People

No data

Median sale

$566/wk

Median rent

No data

Suburb gross yield

See the full Cranbourne North report →

Keep researching

  • Why Cranbourne North? Read the area thesis →
  • What else is on the market in Cranbourne North →
  • Other records on Paxford Dr →

Listing material

Listed by UpHill Real Estate

Packs of Space

CALL US TODAY AND SCHEDULE AN EXCLUSIVE INSPECTION FOR YOU AND YOUR FAMILY TO EXPLORE THE HOMES FEATURES AND INCLUSIONS, MAKING SURE IT’S THE RIGHT ONE FOR YOU.

Upon entry, this property flows down a central hallway with direct access to the private master suite complete with a generous walk-in wardrobe and ensuite offering both space and serenity for the heads of the home.

Continuing down the central hall, the property features access to the garage with neighbouring spacious laundry with dual access and main bathroom with separate toilet and the remaining bedrooms with built in wardrobes and ceiling fans, all positioned perfectly before hitting the heart of the home.

Read the full description

The expansive kitchen includes a stainless-steel oven and stovetop, and expansive island bench, with a spacious built in pantry all positioned overlooking the open plan living and dining. Perfect to tailor to your needs, the open plan space has access and views to the blank canvas backyard, ready to tailor to your family needs.

This expansive property is ready to tailor to your family needs, whether you are seeking an investment, first home or the next family home, this one is for you.

• Open Plan Living and Dining

• Kitchen with S/S Appliances, Stone Benchtops and Built in Pantry

• Master Suite with Walk in Wardrobe and Ensuite

• Remaining Bedrooms with Built in Wardrobes and Ceiling Fans

• Expansive Main Bathroom with Separate Toilet

• Laundry with Dual Access and Built in Linen Hall Closet

• Split System Cooling and Ducted Heating

• Enclosed Fully Fenced Low Maintenance Backyard

• Remote Car Garage with Dual Access and Additional Space

Nestled in the forever-growing community of Cranbourne North, this property is surrounded by endless amenities for the whole family including walking distance to The Avenue Village Shopping Centre and multiple lush open space including overlooking the Thompson Road Park and is only a short commute to:

• The Avenue Village Shopping Centre (Woolworths, Chemist, Vet, Medical Centre and more) (5 Min Walk)

• Tulliallan Primary School (4 Min Drive)

• Wheelers Park Drive Reserve Playground, Outdoor Gym and Skatepark (5 Min Drive)

• Saint Germain Shopping Complex (with medical center, gym, restaurant, and cafes) (9 Min Drive)

• Bunnings On Clyde North (with neighbouring ALDI, Pet Stock, RSEA, REPCO, and more) (7 Min Drive)

• Casey Central (Coles, Woolworths, ALDI, Banking, Kmart, Health & Beauty Services, Restaurants and more) (8 Min Drive)

• Clyde Road Reserve & Grices Road Recreation Reserve & Playground (8 Min Drive)

• Kowan Recreation Reserve North Playground (4 Min Drive)

• Berwick Waters Park & Waterfront Park Playground (6 Min Drive)

• Noorat Place Reserve Playground (5 Min Drive)

• Evesham Street Reserve Playground (3 Min Drive)

• St Francis Xavier College, Berwick Campus (7 Min Drive)

• Alkira Secondary College (5 Min Drive)

• Hillsmeade Primary School (6 Min Drive)

• Bus Stop (847, 799, 881, 899)

• Freeway Access Via South Gippsland Hwy and Berwick Clyde Road

• Nearby Railway Station of Merinda Park, Cranbourne and Berwick

Call Dilshan Wijerathna 0402 696 602 or Usman Tahir 0412 499 129 to schedule a private inspection for you to flow through the house at your own pace with no distractions and feel all this home has to offer.

**PHOTO ID REQUIRED UPON INSPECTION **

Listing description written by Madhawa Hewawasam, UpHill Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ducted Heating
  • Fully Fenced
  • Remote Garage
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.