Cranbourne East at a glance
29,720
People
No data
Median sale
$605/wk
Median rent
No data
Suburb gross yield
VIC › Cranbourne East › Neilrex Ct
$899,959–$989,945
For sale
Asking range
4
Bedrooms
3
Bathrooms
2
Car spaces
378 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
Asking
$899,959–$989,945
Asking range · $2,381/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
Based on the low end of the asking range, not a contract price.
$54,976 on top of the price (6.1% extra)
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.
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.
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.
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.
Gross yield if leased at the suburb aggregate is 3.5%. 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
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 Tullum Real Estate3 Neilrex Court Cranbourne East VIC 3977
SUMMERLAND ESTATE: Welcome to this custom built brand new and spacious family home that is a perfect fit for growing families.
The seamless blend of modern features and an easy-flowing floor plan where comfort, style, and convenience smoothly merge. Boasting 4 generous sized bedrooms, 3 bathrooms (2 ensuites), 2 Separate Living Zones, and 2.5 car garage with roller door access to the back.
Step inside and be captivated by the sun-drenched open-plan living space, where premium finishes and designer details create an atmosphere of understated elegance.
At the centre of the home the chef will never feel left out whether you are having a quiet family meal or entertaining the guests. Alfresco area provides the perfect setting for outdoor entertainment.
Surround yourself in a quite court and enjoy the beautiful neighbourhood. Landscaped perfectly so you can make full use of your back yard.
Located at a short distance from the shopping precincts, Aspire Early Education and Kindergarten and elite schools, including Lighthouse Christian College Cranbourne, Casey Fields Primary School, and Cranbourne Secondary College, Ranfurlie and Settler's Run golfing experiences. With effortless access to public transport and major roadways, commuting to Melbourne's CBD or exploring the scenic Mornington Peninsula is seamless.
Key Features of the Property:
- Brand new
- North Facing
- 4 Bedrooms, 3 Bath, 2.5 Car Garage and 2 Separate Living Areas
- Guest bedroom downstairs with Walk in Robe and full ensuite
- Master bedroom upstairs with walk in robe and full ensuite
- Remaining bedrooms come with built in robes
- Common bath and toilet
- 2 Separate Living Areas: Versatile spaces for entertainment and family time including Family area and Rumpus
- Open Plan Kitchen with Meals and Family Area
- Modern Kitchen: Featuring stainless steel appliances, and a decent walk in pantry space
- Tiles to the hallway and family/meals area
- Carpet to bedrooms, and rumpus area
- Alfresco for outdoor entertainment
- Natural grass for nature lovers
- Evaporative Cooling
- Ducted Heating
- Double Glaze windows for better efficiency
- 2.5 car garage with roller door access to the back
Within a short distance to:
- Aspire Early Education and Kindergarten
- Casey Fields Primary School
- Lighthouse Christian College Cranbourne
- Hunt Club Shopping Centre -
Shopping On Clyde
- Cranbourne East Medical Centre
- Casey Field Grounds
- Livingston Family & Community Centre
- Swimming Pool
- Kids Playgrounds
- Library
- Cranbourne Park Shopping Centre
- Cranbourne Train Station
- Local Cafes and Restaurants
This is truly a MUST INSPECT property. Contact Jugraj Sandhu on 0470281705 for further information.
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 Jugraj Sandhu, Tullum Real Estate — reproduced as published, not verified by Districts.