Cranbourne North at a glance
26,004
People
No data
Median sale
$566/wk
Median rent
No data
Suburb gross yield
VIC › Cranbourne North › Porto Ct
$660,000
Last sold
17 Nov 2021
3
Bedrooms
2
Bathrooms
4
Car spaces
653 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
$660,000
17 Nov 2021 · 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 CranbourneCRANBOURNE NORTH - COURTENAY GARDENS: Set on a block of approximately 653 square meters is this once in a life-time opportunity to secure a quality home on a large parcel of land in the heart of Courtenay Gardens. Surrounded by quality homes and plenty of amenities, this home would have to be on the top of your inspection list.
On offer are three generous sized bedrooms with the master bedroom having its own ensuite and the remaining two bedrooms located within close proximity to the family bath and toilet, all of this located to the rear of the property. The formal lounge is super cosy with bay windows letting in a lot of natural light. The open plan kitchen and dining area is an inviting space where the family will congregate every evening. Quality kitchen appliances, plenty of storage and a dishwasher are just some of the features of this kitchen.
For someone looking for a bit of land you will be mesmerized with what's on offer. There's enough of backyard space for the kids and the pets to run amuck, a tradie looking for space to accommodate work vehicles, looking to extend the existing home or possibly subdivide in the future subject to council approval.
Situated in the ever popular Courtenay Gardens Estate, 5 Porto Court will appeal to many because of the potential it offers. Schools, supermarkets, doctors, kindergarten and council reserves and parks are all walking distances away from the home. If you'd like to secure this home and spend your Saturdays doing something more worthwhile them please make a note of this address and give me a call to inspect privately.
ADDED INTERNAL/EXTERNAL FEATURES INCLUDE:
- 653 SQMS land
- Formal Lounge
- Open plan dining/living
- 900mm cook top
- 600mm oven
- Dishwasher
- Downlights
- Wall mounted heater
- Wall mounted air conditioner
- Ceiling fans
- Laundry room
- Double lock up garage
- Garden Shed
- Cubby house
- Fully fenced backyard
*Courtenay Gardens Primary School is approximately ten minutes walk away from home
*Lyndhurst Secondary College is approximately seven minutes drive away from home
*Cranbourne Home Maker Centre is approximately five minutes drive away from home
*Thompson Parkway Shopping - Woolworths is approximately five minutes drive away from home
*Public Transport - Bus Stop is a three minutes walk from home.
*Springhill Shopping - Coles is approximately five minutes drive away from home
*Cranbourne Park Mall is approximately ten minutes drive away from home
*South Gippsland Highway is approximately five minutes drive away from home
*Princes Freeway is approximately twelve minutes drive away from home
*East Link is approximately twenty minutes drive away from home
*Casey Central Shopping is approximately ten minutes drive away from home
*Fountain Gate Shopping Centre is approximately fifteen minutes drive away from home
*Merinda Park railway station is approximately seven minutes drive away from home
BOOK AN INSPECTION TODAY, IT MAY BE GONE TOMORROW - PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS!
AS PER GOVERNMENT REGULATIONS, ANYONE ATTENDING A PUBLIC OPEN HOME INSPECTION OR AUCTION MUST PROVIDE PROOF OF DOUBLE VACCINATION AND CHECK VIA QR CODE PROVIDED ON SITE
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 Mark Simons, Ray White Cranbourne — reproduced as published, not verified by Districts.