Cranbourne at a glance
22,726
People
No data
Median sale
$555/wk
Median rent
No data
Suburb gross yield
VIC › Cranbourne › Marklin St
$629,000–$689,000
For sale
Asking range
3
Bedrooms
1
Bathrooms
1
Car spaces
815 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
$629,000–$689,000
Asking range · $772/m² of land
No recorded sale for this property.
Cranbourne at a glance
22,726
People
No data
Median sale
$555/wk
Median rent
No data
Suburb gross yield
Based on the low end of the asking range, not a contract price.
$38,086 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'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 $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.
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 4.6%. 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
UnknownArea
Cranbourne at a glance
22,726
People
No data
Median sale
$555/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Area Specialist CaseyCRANBOURNE: Opportunities like this are few and far between. Set in a well-established pocket of Cranbourne, 31 Marklin Street presents an outstanding investment and development opportunity with approved plans (STCA) for three units. Better still, the property is currently leased, providing an immediate rental income while you plan your next project.
Whether you're a seasoned developer, savvy investor, or land banker looking to secure a premium site in a thriving growth corridor, this property ticks all the right boxes. Enjoy the benefit of holding a tenanted property while taking advantage of the approved development potential.
The existing home offers comfortable accommodation with four generous bedrooms, a separate study, a spacious living area, a functional kitchen with ample storage, a central bathroom, separate laundry, and a large covered alfresco area, making it an appealing rental property with strong tenant demand.
Main Features of the Property:
Approved plans (STCA) for three units
Spacious bedrooms
Separate study/home office
Functional kitchen with ample storage
Spacious living area
Central family bathroom
Separate laundry
Covered alfresco entertaining area
Excellent redevelopment, investment, or land banking opportunity
Conveniently positioned close to all essential amenities, including:
Cranbourne Shopping Centre and High Street
Cranbourne Train Station
Primary and secondary schools
Childcare centres
Medical facilities and Casey RACE
Parks, reserves and sporting facilities
Easy access to South Gippsland Highway, Thompsons Road and Western Port Highway
Whether your strategy is to develop immediately, hold for future capital growth, or enjoy a secure rental income while preparing for redevelopment, this property offers flexibility, convenience, and enormous potential in one of Melbourne's most sought-after growth corridors.
A property with income today and possibilities for tomorrow—this is an opportunity not to be missed.
PHOTO ID REQUIRED AT ALL INSPECTIONS
Every care has been taken to verify the accuracy of the information contained in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are advised to make their own enquiries and satisfy themselves regarding all aspects of the property.
Listing description written by Hardeep Singh, Area Specialist Casey — reproduced as published, not verified by Districts.
Victoria 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.