Cranbourne North at a glance
26,004
People
No data
Median sale
$566/wk
Median rent
No data
Suburb gross yield
VIC › Cranbourne North › Broome Cres
$645,000
Last sold
8 Nov 2023
4
Bedrooms
2
Bathrooms
3
Car spaces
495 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
$645,000
8 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Cranbourne North (last 5 years) with land size have a median of $1,349/m² of land (n=59). Districts calculation from recorded sales — not a valuation.
Cranbourne North at a glance
26,004
People
No data
Median sale
$566/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 $566/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 North at a glance
26,004
People
No data
Median sale
$566/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Ray White CranbourneCOURTENAY GARDENS ESTATE, CRANBOURNE NORTH: **AFFORDABLE UPSIZER IN PRIZED SCHOOL PRECINCT** With a family-friendly layout, comfortable dimensions and lifestyle convenience so close to schools, shops and public transport, this 3 bedroom + study home with separate living areas, a large pergola plus a triple garage showcases a exciting opportunity to upsize on a budget.
Positioned on an elevated block set within a quiet crescent some 750 metres to the Springhill Shopping Centre, the residence itself features a spacious lounge and a dining zone with woodgrain flooring underfoot that's bathed in radiant natural light.
In the heart, the hostess kitchen is fitted with a breakfast peninsula, gas cooktop and stainless-steel appliances, including a wall-mounted oven and a dishwasher. Glass sliding doors flank the family room with an adjoining meals area and opens out into the large undercover outdoor-entertaining pergola that's perfect for Summer time hosting with family and friends.
The well-sized master bedroom, offering a walk-in robe and full ensuite, is set beside the enclosed study / 4th bedroom in this well-curated floorplan, which nestles the 2 junior robed bedrooms in the rear wing with easy access to the family bathroom and separate toilet facilities.
Positioned in a terrific location that's an approx. 15-minute walk to the Courtenay Gardens Primary School and only a brisk drive to the highly sought-after Alkira Secondary College, 41 Broome Crescent is surrounded by wonderful recreational facilities and features ducted heating, evaporative cooling and a 3 car lock-up garage.
Here lies a terrific opportunity for those looking to buy real estate in an award-winning position. Only a stone's throw from the Thompson Parkway Shopping Centre, local kindergarten and medical facilities. The nearby Home Maker Centre offers an abundance of various outlets all running along South Gippsland Highway. For those of you looking to travel by rail the Merinda Park train station is only a very short trip away!
Quality homes in locations such as this are often sought but seldom found so call before it's SELLING, SELLING, SOLD!
BOOK AN INSPECTION TODAY, IT MAY BE GONE TOMORROW - PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS!
DISCLAIMERS:
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 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.
Due to private buyer inspections, the status of the sale may change prior to pending Open Homes. As a result, we suggest you confirm the listing status before inspecting.
Listing description written by Paul Ringeri, Ray White Cranbourne — reproduced as published, not verified by Districts.