Cranbourne East at a glance
29,720
People
No data
Median sale
$605/wk
Median rent
No data
Suburb gross yield
VIC › Cranbourne East › Cortula Rd
$700,000
Last sold
15 Aug 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
429.497 m²
Land
165 m²
Building
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
$700,000
15 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in Cranbourne East (last 5 years) with land size have a median of $1,466/m² of land (n=36). Districts calculation from recorded sales — not a valuation.
Cranbourne East at a glance
29,720
People
No data
Median sale
$605/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 $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.
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 East at a glance
29,720
People
No data
Median sale
$605/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Ray White CranbourneCRANBOURNE EAST- With affordable family homes being highly sought after this well presented and loaded up home will tick many of your buying boxes.
Ideally positioned walking distance to the Casey Fields sporting precinct which features everything from bike tracks to dog parks your active family will love the location or get fit discovering the area, either way position is perfect for those with sport on their mind, if not the immediate area has education options, retail and transport as well.
The home itself features 4 bedrooms, master zone with walk in robe and ensuite with double vanity, separate family bathroom which is perfectly zoned to service the other 3 bedrooms at the other end of the home. A family living area also provides a great space for young family members to Xbox or watch Netflix whilst the second living area is ideal for the parents.
A well appointed kitchen complete with walk in pantry , stainless steel appliances and ample bench space is adjacent to the dining area so ideal for entertaining or family meals.
With a fantastic outdoor decked area accessed through double opening doors this space with not only an alfresco area but shade sails offers all year round opportunities to cook up a storm and even has a gas connection point for the BBQ, a safe and secure rear garden is ideally low maintenance and certainly dog and children friendly, especially with extra side gate access and kids play zone complete with fort.
Extras include, floating floors throughout, two split systems, ducted heating, double garage with remote control and the knowledge that the home is only 8 years young ( 2015 built)
Put this one on your shopping list as one to inspect, short settlements will be easy to accommodate or if looking for a bulletproof investment which offers amazing amenity for any future tenant, then look no further.
Cranbourne East
Cranbourne East is located on the outskirts of Cranbourne Central. The area offers Cranbourne East Primary and Cranbourne East Secondary College as well as Cranbourne Secondary College and is surrounded by multiple Shopping Centre's. Also located nearby is the sporting precinct Casey Fields, Casey Race Recreation & Aquatic Centre, and Casey Library.
PHOTO ID REQUIRED AT OPEN HOMES.
**Please Note - Open for Inspections are subject to change or cancellation without prior notice**
BOOK AN INSPECTION TODAY, IT MAY BE GONE TOMORROW - PHOTO ID REQUIRED AT ALL 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.
All information contained herein has been provided by the vendor, the agent accepts no liability regarding the accuracy of any information contained in this brochure.
Listing description written by Russell Muir, Ray White Cranbourne — reproduced as published, not verified by Districts.