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VIC › Cranbourne North › Andrea Cres

26 Andrea Cres, Cranbourne North VIC 3977

House

$595,000

Last sold

30 Sept 2022

3

Bedrooms

1

Bathrooms

1

Car spaces

544 m²

Land

110 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $595,000 (30 Sept 2022).(Recorded sale)
  • CalculationLand 544 m² against a 110 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Cranbourne North (last 5 years) with land size: median $1,349/m² of land (n=59). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

$595,000

30 Sept 2022 · derived via latest_sale

Local land rate: recorded House sales in Cranbourne North (last 5 years) with land size have a median of $1,349/m² of land (n=59). Districts calculation from recorded sales — not a valuation.

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 →

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. Sold$595,00030 Sept 2022
  2. Listedprice unknowncompleted7 Sept 2022

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

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

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 Andrea Cres →

Listing material

Listed by Ray White Cranbourne

SOLD BY MARK SIMONS!

CRANBOURNE NORTH - COURTENAY GARDENS: Offering the perfect trifecta of style, affordability and family-friendly positioning for new buyers, downsizers and savvy investors, this immaculate three-bedroom home in the Alkira Secondary College zone will captivate those seeking a move-in-ready abode with scope to update over time.

Set on a spacious 544m2 (approx) fenced allotment with ample room to kick the footy around with the kids, the property is a short walk to Courtenay Gardens Primary School, Cranbourne Carlisle Primary School and Springhill Shopping Centre, with parks, playgrounds and public transport surrounding.

Fresh tones, tall windows harnessing the natural light and woodgrain flooring lend a relaxed coastal elegance throughout the single-level residence, which flaunts separate living and dining zones interconnecting through an on-trend arched doorway.

Read the full description

A well-appointed kitchen with wall oven, gas cooktop, stainless-steel dishwasher and breakfast bar overlooks the family / meals area, which expands out through sliding glass doors to a long pergola for alfresco dining on hot summer nights.

All three bedrooms feature fuss-free timber-look flooring and roller blinds and are serviced by a full family bathroom with shower, bathtub and separate toilet beside the laundry.

Around 40-minutes' drive to Melbourne CBD, the property includes a gas furnace, ceiling fans, air-conditioning, external blinds, two garden sheds, a cubby house and carport.

ADDED INTERNAL & EXTERNAL FEATURES INCLUDE:

- Formal Lounge

- Open Plan Living/Kitchen

- Master bedroom

- 600mm cooktop

- 600mm oven

- Dishwasher

- Vulcan wall mounted heater

- Air conditioner

- Pergola

- Single carport

- Garden Sheds x 2

- Fully fenced backyard

*Courtenay Gardens Primary School is approximately five minute drive away from home

*Lyndhurst Secondary College is approximately seven minutes' drive away from home

*Cranbourne Home Maker Centre is approximately five minutes' drive away from home

*Thompson Parkway Shopping - Woolworths is approximately five minutes' drive away from home

*Public Transport - Bus Stop is approximately ten minutes' walk from home.

*Springhill Shopping - Coles is approximately ten minutes' walk away from home

*Cranbourne Park Mall is approximately twelve minutes' drive away from home

*South Gippsland Highway is approximately seven minutes' drive away from home.

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 Mark Simons, Ray White Cranbourne — reproduced as published, not verified by Districts.

Property features

  • Toilets: 1
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.