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VIC › Cranbourne East › Royaloak Cres

28 Royaloak Cres, Cranbourne East VIC 3977

For saleHouse for Sale

$850,000–$910,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

576 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $850,000–$910,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $850,000–$910,000(Listing record · 12 Aug 2026)
  • FactLand 576 m²; no building size recorded.(Property record)
  • CalculationIf it leased at Cranbourne East's advertised median rent ($605/wk), implied gross yield would be 3.70% — 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

$850,000–$910,000

Asking range · $1,476/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
$850,000
Stamp Duty (Victoria)
$46,070
Transfer/Registration Fee
$2,093
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
$901,863

$51,863 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
2.20%
Annual cashflow (pre-tax)
$-25,490
Interest cover (DSCR)
0.42
Annual rent
$31,460
Operating expenses
$12,750
Loan amount
$680,000
Annual interest
$44,200
Gross yield
3.70%

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$850,000–$910,000available12 Aug 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 3.7%. 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 Royaloak Cres →

Listing material

Listed by Prominent Estate Agents

Beautifully Designed Family Home with Exceptional Street Appeal in Mayfield Estate

This Beautifully presented four-bedroom residence combines quality, style and a thoughtfully designed floorplan that offers space, comfort and practicality for the modern family. Set on a generous 576m2 (approx.) allotment, the home enjoys outstanding street appeal with an attractive elevation and a welcoming front porch—the perfect place to sit, relax and enjoy the beautifully landscaped front garden.

One of the home's standout features is its easterly aspect, with the sun rising from the front of the property and filling the home with natural light throughout the day. The main lounge and master bedroom are bathed in beautiful morning sunlight, creating a warm and inviting atmosphere from the moment you wake up.

Inside, the smartly designed layout provides multiple living zones and an abundance of space for growing families. A separate lounge at the front of the home offers a peaceful retreat or formal living area, while the spacious master suite is privately positioned and features a walk-in robe and a full ensuite.

Read the full description

The heart of the home is the expansive open-plan kitchen, living and dining area, designed for both everyday living and entertaining. The large kitchen is beautifully appointed with Caesarstone benchtops, quality stainless steel appliances, extensive bench space and generous storage, making it ideal for those who love to cook. A spacious walk-in pantry with direct internal access from the garage allows you to unload groceries straight from the car, adding a level of convenience that families will truly appreciate. main living area is quietly tucked away yet attached to the dining, providing that large space for entertainment and family family and is filled with sunlight during the day,

The remaining three bedrooms are fitted with built-in robes and are serviced by a central family bathroom, separate toilet and a well-sized laundry with additional linen storage.

The oversized double garage offers internal access and a rear roller door, providing drive-through access to the backyard—perfect for securely parking a trailer, additional vehicle, boat or recreational equipment. Outside, the expansive side and rear yard offers endless potential for a large pergola, outdoor entertaining area, workshop or future improvements.

Additional features include:

* High ceilings

* Gas ducted heating

* Two split system air conditioners

* Ceiling fan in the master bedroom

* Quality carpets and tiles throughout

* Stainless steel appliances

* Caesarstone benchtops

* Two front roller shutters

* Fully landscaped front, side and rear gardens

* Large 576m2 (approx.) block

Located within close proximity to local parks and playgrounds, Casey Race, quality schools, shopping facilities and easy access to the South Gippsland Highway, this home offers a lifestyle of convenience in one of Cranbourne East's most desirable estates.

With its impressive street appeal, sun-filled interiors, intelligent layout and exceptional outdoor potential, this is a home that truly stands out from the rest.

Disclaimer: All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided, and interested parties must solely rely on their own enquiries.

Listing description written by Sidhu Balkaran, Prominent Estate Agents — reproduced as published, not verified by Districts.

Property features

  • Alarm System
  • Broadband
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Fully Fenced
  • Grey Water System
  • Living Areas: 2
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Shed
  • Solar Hot Water
  • Toilets: 2

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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.