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VIC › Cranbourne East › Comice Rd

5 Comice Rd, Cranbourne East VIC 3977

For saleHouse for Sale

$760,000–$825,000

For sale

Asking range

5

Bedrooms

3

Bathrooms

2

Car spaces

350 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $760,000–$825,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $760,000–$825,000(Listing record · 6 Aug 2026)
  • FactLand 350 m²; no building size recorded.(Property record)
  • CalculationIf it leased at Cranbourne East's advertised median rent ($605/wk), implied gross yield would be 4.14% — 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

$760,000–$825,000

Asking range · $2,171/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
$760,000
Stamp Duty (Victoria)
$40,670
Transfer/Registration Fee
$1,883
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
$806,253

$46,253 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
2.64%
Annual cashflow (pre-tax)
$-19,460
Interest cover (DSCR)
0.51
Annual rent
$31,460
Operating expenses
$11,400
Loan amount
$608,000
Annual interest
$39,520
Gross yield
4.14%

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$760,000–$825,000available6 Aug 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 4.1%. 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 Comice Rd →

Listing material

Listed by Gill Estate Agents Gill Estate Agents Berwick

Brand New Luxury Family Home in a Prime Cranbourne East Location

Welcome to 5 Comice Road, Cranbourne East – a beautifully crafted brand-new residence that combines luxury, comfort, and practicality in one of the area's most sought-after family-friendly neighbourhoods. Designed with modern lifestyles in mind, this impressive home offers five generous bedrooms, three stylish bathrooms, and a double remote garage, providing plenty of space for growing families, multi-generational living, or savvy investors.

Step inside and be welcomed by light-filled interiors, quality finishes, and a thoughtfully designed floorplan that offers both functionality and sophistication. The heart of the home features a stunning contemporary kitchen complete with stone benchtops, quality stainless steel appliances, ample cabinetry, and a spacious walk-in pantry, overlooking the expansive open-plan living and dining area. Whether you're hosting family gatherings or enjoying a quiet evening at home, this space has been designed for effortless everyday living.

Comfort is assured all year round with ducted heating and evaporative cooling, while the low-maintenance backyard allows you to spend more time enjoying your home and less time maintaining it. Every detail has been carefully considered to deliver a stylish, move-in-ready home that perfectly suits today's busy lifestyle.

Read the full description

Perfectly positioned, this outstanding property is surrounded by an abundance of quality amenities. Families will appreciate being within close proximity to Cranbourne East Secondary College, Cranbourne East Primary School, Marnebek School (Cranbourne–Cranbourne East Campus), Cranbourne Carlisle Primary School, Clyde Grammar, Casey Grammar School, Cranbourne Secondary College, Wilandra Rise Primary School, Cranbourne Primary School, Casey Fields Primary School, Ramlegh Park Primary School, and a range of childcare centres.

Outdoor enthusiasts will love having Casey Fields Sporting Complex, Casey Fields Regional Athletics Centre, Hunt Club Reserve, Livingston Recreation Reserve, Wilandra Rise Reserve, Lawson Poole Reserve, and the magnificent Royal Botanic Gardens Cranbourne just minutes away, offering endless opportunities for recreation, fitness, and family enjoyment.

Everyday convenience is right at your doorstep with Hunt Club Village Shopping Centre, Cranbourne Park Shopping Centre, Selandra Rise Shopping Centre, Shopping on Clyde, The Avenue Village Shopping Centre, Woolworths, Coles, ALDI, Bunnings Warehouse, Chemist Warehouse, cafés, restaurants, medical centres, gyms, and a variety of specialty stores all within a short drive.

Commuting is made easy with excellent access to Thompsons Road, Berwick-Cranbourne Road, South Gippsland Highway, Western Port Highway, the Monash Freeway (M1), together with nearby Cranbourne Train Station and local bus services connecting you to surrounding suburbs and Melbourne's CBD.

Offering the perfect blend of premium finishes, generous family accommodation, low-maintenance living, and an unbeatable location close to leading schools, shopping centres, parklands, transport, and everyday conveniences, 5 Comice Road, Cranbourne East presents an exceptional opportunity to secure a brand-new home in one of Melbourne's fastest-growing and most desirable communities.

Don't miss your chance to make this stunning brand-new home yours. Contact Gill Real Estate today to arrange your inspection.

Disclaimer: All information provided has been prepared in good faith and is believed to be accurate at the time of publication. Interested purchasers should make their own enquiries and satisfy themselves as to the accuracy of the information provided.

Listing description written by Gill Harkirat, Gill Estate Agents Gill Estate Agents Berwick — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Living Areas: 1
  • Toilets: 3
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.