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VIC › Cranbourne East › Pepper St

4 Pepper St, Cranbourne East VIC 3977

For saleHouse for Sale

$679,000–$699,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

1

Car spaces

300 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $679,000–$699,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $679,000–$699,000(Listing record · 23 July 2026)
  • FactLand 300 m²; no building size recorded.(Property record)
  • CalculationIf it leased at Cranbourne East's advertised median rent ($605/wk), implied gross yield would be 4.63% — 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

$679,000–$699,000

Asking range · $2,263/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
$679,000
Stamp Duty (Victoria)
$35,810
Transfer/Registration Fee
$1,693
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
$720,203

$41,203 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
3.13%
Annual cashflow (pre-tax)
$-14,033
Interest cover (DSCR)
0.60
Annual rent
$31,460
Operating expenses
$10,185
Loan amount
$543,200
Annual interest
$35,308
Gross yield
4.63%

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$679,000–$699,000available23 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 $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 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

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 Pepper St →

Listing material

Listed by Area Specialist Rapid

The Brief: Modern Family Comfort on a Low-Maintenance 300sqm (Approx.) Allotment

Its Addressed:

Step inside this beautifully presented home and discover a lifestyle of comfort, convenience, and easy living. Positioned on approximately 300sqm in the sought-after suburb of Cranbourne East, this inviting residence offers 3 spacious bedrooms, 2 bathrooms, and a double garage, making it an excellent opportunity for first-home buyers, growing families, downsizers, or savvy investors.

From the moment you enter, you'll appreciate the bright and welcoming atmosphere. The thoughtfully designed floorplan features a light-filled living area that flows effortlessly into the dining space and well appointed kitchen, creating the perfect setting for everyday family living and entertaining. Offering ample bench space and generous storage, the kitchen is designed to make cooking both practical and enjoyable. Year-round comfort is assured with ducted heating throughout the entire home, while a split-system air conditioner in the main living area provides both heating and cooling to keep the home comfortable in every season.

Read the full description

The accommodation has been carefully planned to provide comfort and privacy. The spacious master suite features a walk-in robe and a private ensuite, creating a relaxing retreat at the end of the day. Twoadditional bedrooms are fitted with built-in robes and are serviced by a central family bathroom, ideal for children or guests.

Step outside to a low-maintenance backyard that offers the perfect balance of outdoor enjoyment without the upkeep. Whether you're hosting weekend barbecues, creating your own garden oasis, or simply unwinding after a busy day, this versatile outdoor space is ready to be enjoyed.

Conveniently located within one of Cranbourne East's most desirable family communities, you'll enjoy easy access to quality schools, childcare centres, shopping precincts, public transport, parklands, and major road connections, ensuring everything you need is just moments away.

Features of the Property:

• 3 spacious bedrooms

• Master bedroom with walk-in robe and private ensuite

• 2 additional bedrooms with built-in robes

• 2 well-appointed bathrooms

• Light-filled open plan living and dining area

• Ducted heating throughout the entire home

• Split-system heating and cooling in the main living area

• Functional kitchen with ample bench space and storage

• Double lock-up garage with internal access

• Low-maintenance backyard

• Approximately 300sqm land allotment

Location Benefits:

You are perfectly positioned in one of Cranbourne East' most convenient pockets, with everything moments away:

• Minutes from popular shopping destinations including Hunt Club Village Shopping Centre, Shopping on Clyde, and Cranbourne Park Shopping Centre for all your retail and dining needs.

• Easy access to local childcare centres, medical facilities, and everyday essential services.

• Well-connected by local bus services with convenient access to Cranbourne Train Station and major arterial roads for an easy commute.

• Close to Casey RACE (Recreation & Aquatic Centre), offering swimming pools, gym facilities, and community programs.

• Surrounded by parks, playgrounds, wetlands, and walking trails, providing an excellent lifestyle for families and outdoor enthusiasts.

School Zoning & Education:

• Cranbourne East Primary School

• Casey Fields Primary School

• Cranbourne East Secondary College

• Close to Kindergartens, Child care centres, Cranbourne East Primary School, Clyde Secondary College & more

This home is spacious, practical, and designed for real families who want room to grow, entertain, and enjoy everyday living.

Whether you’re looking to move straight in, rent out for strong returns, this property ticks every box. Opportunities like this are rare, especially in such a central, family-friendly location!

Contact Your Area Specialists!

Khaled Arabzadeh 0416 481 327 | Ash Lalji 0483 220 103

Chattels: All fittings and fixtures as inspected

Deposit terms: 10% of the purchase price

Preferred Settlement: 45/60/90 days

PHOTO ID REQUIRED AT OPEN HOMES

Due diligence checklist: http://www.consumer.vic.gov.au/duediligencechecklist.

Disclaimer: Images and presentation may include staging for marketing purposes only. All stated dimensions in the content and photos are approximate only.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Listing description written by Khaled Arabzadeh, Area Specialist Rapid — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ducted Heating
  • Ensuites: 1
  • Secure Parking
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.