Cranbourne East at a glance
29,720
People
No data
Median sale
$605/wk
Median rent
No data
Suburb gross yield
VIC › Cranbourne East › Stately Dr
$557,777
Last sold
19 Feb 2019
4
Bedrooms
2
Bathrooms
2
Car spaces
600 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$557,777
19 Feb 2019 · derived via latest_sale
Local land rate: recorded House sales in Cranbourne East (last 5 years) with land size have a median of $1,469/m² of land (n=37). Districts calculation from recorded sales — not a valuation.
Cranbourne East at a glance
29,720
People
No data
Median sale
$605/wk
Median rent
No data
Suburb gross yield
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning 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.
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
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.
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Cranbourne East at a glance
29,720
People
No data
Median sale
$605/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Ray White CranbourneHUNT CLUB ESTATE, CRANBOURNE EAST: With this thriving location fast becoming a hub for value-focused first home buyers, investors and empty-nesters, this well maintained gem is sure to gain plenty of admirers!
Offering the perfect amount of space inside and out, 29 Stately Drive is set on a larger than average corner block measuring app. 600m2 and ensures that there is plenty of room for the kids and pets to play. Ideally located for those that don't want to rely on having to drive everywhere, the property is positioned directly opposite both Cranbourne East primary and secondary schools with The Hunt Club shopping village only moments away.
Beautifully maintained with plenty of potential for the lucky new purchasers to add their own personal touches, the home itself features an entry that leads directly to the main living quarters. The spacious family/meals zone is adjacent to the pristine kitchen boasting stainless steel appliances, whilst there are 4 genuine robed bedrooms. The master is complete with a walk-in wardrobe and a full ensuite that complements the family bathroom and second toilet.
Ducted heating is also included and will help to keep Melbourne's chilly winters at bay, whilst outside there's a remote double lock up garage with internal access, an under-roofline alfresco plus a huge backyard that is seldom available in most modern estates these days.
Within close proximity to picturesque wetlands and walking/bike paths, the Hunt Club is a multi-award winning development offering a complete range of education facilities, including a childcare centre. Buses constantly weave through the estate and don't forget the future plans for a Cranbourne East railway station!
Centrally located to freeways and public transport enroute to the Melbourne CBD, the location is second to none. For those of you who like to stay closer to home, it's only a brisk drive to the Cranbourne Park shopping centre, Berwick Village and Fountain Gate shopping precinct. Within close vicinity to an array of additional primary, secondary and tertiary institutions, the entire family will have easy access to the very best in entertainment, education and recreation!
BOOK AN INSPECTION TODAY, IT MAY BE GONE TOMORROW - PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS!
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.
Listing description written by Paul Ringeri, Ray White Cranbourne — reproduced as published, not verified by Districts.
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