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VIC › Cranbourne East › Monmouth Rd

24 Monmouth Rd, Cranbourne East VIC 3977

For saleHouse for Sale

$1,120,000–$1,170,000

For sale

Asking range

5

Bedrooms

2

Bathrooms

2

Car spaces

676 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,120,000–$1,170,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,120,000–$1,170,000(Listing record · 20 May 2026)
  • CalculationIf it leased at Cranbourne East's advertised median rent ($605/wk), implied gross yield would be 2.81% — 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

$1,120,000–$1,170,000

Asking range · $1,657/m² of land

No recorded sale for this property.

Cranbourne East at a glance

29,720

People

No data

Median sale

$605/wk

Median rent

No data

Suburb gross yield

See the full Cranbourne East report →

Total cost to purchase

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

Purchase Price
$1,120,000
Stamp Duty (Victoria)
$61,600
Transfer/Registration Fee
$2,725
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
$1,188,025

$68,025 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 East's advertised median rent — not a rent for this listing.

Net yield
1.31%
Annual cashflow (pre-tax)
$-43,580
Interest cover (DSCR)
0.25
Annual rent
$31,460
Operating expenses
$16,800
Loan amount
$896,000
Annual interest
$58,240
Gross yield
2.81%

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$1,120,000–$1,170,000available20 May 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 $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.

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 2.8%. 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 East in one glance

Cranbourne East at a glance

29,720

People

No data

Median sale

$605/wk

Median rent

No data

Suburb gross yield

See the full Cranbourne East report →

Keep researching

  • Why Cranbourne East? Read the area thesis →
  • What else is on the market in Cranbourne East →
  • Other records on Monmouth Rd →

Listing material

Listed by Your Expert Real Estate

Elegant Family Living in a Prime Hunt Club Location!

Positioned proudly on a substantial 676sqm corner allotment, this impressive double-storey brick residence delivers the perfect blend of luxury, space, and family functionality. Showcasing quality finishes throughout and designed for effortless modern living, this stunning family home is sure to impress from the moment you arrive.

Welcomed by a grand luxury double-door entrance, the home immediately reveals its elegance and spacious design. The expansive formal living area offers the perfect space to relax and entertain, complete with stylish laminate flooring, abundant natural light, soaring 2.7m high ceilings, and a striking crystal chandelier that creates an atmosphere of sophistication and warmth. A built-in shoe storage area near the entrance adds everyday practicality and convenience.

At the heart of the home lies the expansive open-plan kitchen, dining, and family zone, thoughtfully designed for seamless family living and entertaining. The spacious gourmet kitchen is beautifully appointed with stone benchtops, 900mm stainless steel appliances including gas cooktop, rangehood and oven, glass splashback, double sinks, and a generous walk-in pantry offering exceptional storage space.

Read the full description

An extra-large multi-purpose room provides incredible flexibility as a theatre room, Bedroom 5 or guest room , rumpus, or additional living area, with sliding doors opening directly onto the alfresco area, creating the perfect indoor-outdoor entertaining experience all year round.

The elegant staircase with stylish handrails leads upstairs to a spacious retreat filled with natural light, enhanced by another stunning crystal light fitting and beautiful outlooks overlooking the void below, further elevating the home's luxurious appeal.

The oversized master suite serves as a true parents' retreat, featuring a spacious walk-in robe, private balcony, and a luxurious full ensuite complete with vanity and separate toilet for added privacy. The remaining bedrooms are all generously proportioned and serviced by a central family bathroom featuring shower, bathtub, vanity, separate toilet, and an additional vanity area. Bedrooms two and three include built-in robes with double doors, while bedroom four offers built-in robes with sliding doors and lovely views.

Downstairs also includes a convenient powder room for guests and a formal laundry fitted with cabinetry and sliding door access to the backyard.

Car accommodation is exceptional with an extra-large double remote garage featuring internal access and rear roller door access, plus additional concrete driveway space at the rear ideal for extra vehicles, trailers, caravans, or recreational parking.

Step outside to a beautifully established backyard showcasing a charming fish pond, landscaped gardens, colourful flowers, and secure fully fenced surroundings, creating a peaceful outdoor sanctuary for the whole family to enjoy.

Key Features:

• Substantial 676sqm corner block (approx.)

• Impressive 348sqm building area (approx.)

• 4 spacious bedrooms, 2 bathrooms, 3 toilets, oversized double garage

• Oversized master suite with walk-in robe, private balcony, and luxurious ensuite

• Bedrooms 2, 3, and 4 fitted with built-in robes

• Multiple living zones including formal lounge, family area, upstairs retreat, and A versatile multi-purpose room on the ground floor, ideal as a fifth bedroom, home office, or guest accommodation.

• Open-plan kitchen overlooking meals and family area

• Stone benchtops, 900mm stainless steel appliances, glass splashback, double sinks, and walk-in pantry

• Alfresco entertaining area with seamless indoor-outdoor flow

• Soaring 2.7m high ceilings downstairs

• Abundance of natural light throughout

• Upstairs central heating and evaporative cooling

• Downstairs central heating

• Solar panels helping reduce electricity costs

• Built-in shoe storage area

• Plenty of storage throughout the home

• Extra concrete driveway space at the rear

• Double remote garage with rear roller door access

• Landscaped gardens and private backyard with fish pond

• Quality fixtures and fittings throughout

Perfectly positioned within walking distance to Cranbourne East Primary School, Cranbourne Secondary College, kindergarten, parks, Hunt Club Village Shopping Centre, and public transport, this remarkable residence offers a lifestyle of convenience for growing families.

Conveniently located within close proximity to:

• Hunt Club Shopping Centre

• Springhill Shopping Centre

• Cranbourne Park Shopping Centre

• Cranbourne East Primary School

• Cranbourne East Secondary College

• Casey Grammar School

• Early Learning Centres

• Cranbourne Library

• Casey Fields Sporting Grounds

• Community Centre

• Cranbourne Indoor Swimming Pool

• Medical and Specialist Centres

• Cranbourne Train Station

This one will truly surprise you with its elegance and comfort! An outstanding opportunity to secure a spacious, well-designed home in a premium location-this one ticks all the boxes.

Contact Crystal 042 583 9535 for further information.

Disclaimer:

While every effort has been made to ensure the accuracy of the information provided, no warranty is given and prospective purchasers should make their own enquiries and rely on their own investigations, including land size, zoning, planning controls, development potential and approvals (STCA).

Images are for illustrative purposes only.

PHOTO ID REQUIRED AT OPEN FOR INSPECTION

For further information, please refer to the Due Diligence Checklist from Consumer Affairs Victoria:

https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/duediligence

Listing description written by Crystal Lin, Your Expert Real Estate — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Ensuites: 1
  • Living Areas: 3
  • Toilets: 3
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.