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VIC › Cranbourne › Fairbairn Rd

28-30 Fairbairn Rd, Cranbourne VIC 3977

For saleHouse

$1,289,000–$1,415,900

For sale

Asking range

4

Bedrooms

2

Bathrooms

4

Car spaces

1,294 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,289,000–$1,415,900 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,289,000–$1,415,900(Listing record · 17 July 2026)
  • FactLand 1,294 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Cranbourne (last 5 years) with land size: median $1,008/m² of land (n=50). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationIf it leased at Cranbourne's advertised median rent ($555/wk), implied gross yield would be 2.24% — 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

$1,289,000–$1,415,900

Asking range · $996/m² of land

No recorded sale for this property.

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

See the full Cranbourne report →

Total cost to purchase

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

Purchase Price
$1,289,000
Stamp Duty (Victoria)
$70,895
Transfer/Registration Fee
$3,121
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
$1,366,716

$77,716 on top of the price (6.0% 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's advertised median rent — not a rent for this listing.

Net yield
0.74%
Annual cashflow (pre-tax)
$-57,503
Interest cover (DSCR)
0.14
Annual rent
$28,860
Operating expenses
$19,335
Loan amount
$1,031,200
Annual interest
$67,028
Gross yield
2.24%

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$1,289,000–$1,415,900available17 July 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 $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.

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 2.2%. 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 in one glance

Cranbourne at a glance

22,726

People

No data

Median sale

$555/wk

Median rent

No data

Suburb gross yield

See the full Cranbourne report →

Keep researching

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

Listing material

Listed by Tullum Real Estate

Renovated Family Home on a Massive land with Potential for upto 8 Units, Childcare or Medical Centre (STCA)!

28-30 Fairbairn Road Cranbourne VIC 3977

Positioned on an expansive 1,294m² (approx.) allotment in one of Cranbourne's most convenient and fast-growing locations, this beautifully renovated family home presents a rare opportunity to secure a property offering immediate lifestyle appeal with exceptional future development potential.

Whether you're a family looking for space, an investor seeking long-term growth, or a developer searching for your next landmark project, this property delivers flexibility, location, and outstanding upside.

Read the full description

The renovated residence is beautifully presented and features 3 spacious living areas, four generous bedrooms, modern bathrooms, and a stylish kitchen with quality appliances. Designed for effortless family living, the home is ready to move straight in while you plan for the future.

Stepping outside, you'll love the large decked pergola, providing the perfect space for year-round entertaining with family and friends while overlooking the huge backyard.

What truly sets this property apart is its exceptional landholding and exciting development possibilities. Subject to Council Approval (STCA), the site offers the potential for:

- Development of up to 8 units/townhouses (STCA)

- Childcare centre development (STCA)

- Medical centre or consulting rooms (STCA)

- Excellent land banking opportunity in a high-growth location

Property Features:

- Beautifully renovated family home

- Four spacious bedrooms with built-in robes

- Two modern bathrooms

- 3 separate living zones including formal living, family area, and rumpus/sitting room

- Modern open plan kitchen with quality appliances and meals/family area

- Open Plan Kitchen with quality appliance and melas/family area

- Stunning decked pergola ideal for outdoor entertaining

- Ducted heating and split-system cooling

- Garage, carport and ample off-street parking

- Double driveway for extra convenience

- Huge backyard with endless possibilities

- Prime Cranbourne Location

Conveniently located within minutes of:

- Cranbourne Train Station

- Thompson Parkway Shopping Centre

- Amstel Club

- Clarinda Village

- Restaurants and cafes

- Woolworths Cranbourne west

- Coles Cranbourne West

- Local shops

- Evans Road Medical Centre

- Cranbourne West Medical Centre

- St Peter's Secondary College, Cranbourne Campus

- Cranbourne Secondary College

- St Agatha's Primary School

- Cranbourne Park Primary School

- Kindergartens

- Cranbourne Park Shopping Centre

- Cranbourne Train Station

- Ranfurlie Golf Club

- Settler Run Golf and Country Club

- Childcare centres

- Casey Hospital and medical facilities

- Cranbourne Homemaker Centre

- Public transport

- South Gippsland Highway and major arterial roads

Properties offering a fully renovated home combined with significant development opportunities are becoming increasingly rare. Whether your vision is to enjoy the home today, generate rental income, landbank for the future, or explore the potential for up to 8 units, a childcare facility, or a medical centre (all STCA), this is an opportunity not to be missed.

A premium lifestyle today with exceptional development potential for tomorrow-secure this outstanding Cranbourne property before it's gone.

Disclaimer:

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 photos, floor plans and site plans are for representational purposes only. We accept no liability for the accuracy or details in our photos, floor plans or site plans.

Please note the status of and or the information on the property may change at any time.

PHOTO ID REQUIRED AT OPEN FOR INSPECTION

Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist

Listing description written by Zarifa Hussaini, Tullum Real Estate — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 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.