Cranbourne North at a glance
26,004
People
No data
Median sale
$566/wk
Median rent
No data
Suburb gross yield
VIC › Cranbourne North › Paratea Ln
$624,000
Last sold
6 July 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
300 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
$624,000
6 July 2021 · derived via latest_sale
Local land rate: recorded House sales in Cranbourne North (last 5 years) with land size have a median of $1,344/m² of land (n=60). 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: In search of a place to call "Home Sweet Home"? Your search ends here. Welcome to No. 7 Paratea Lane, Cranbourne North, located in one of the most sought-after estate in the area, the prestigious Eve Estate.
This impressive, 3 bedrooms home is the perfect opportunity for anyone who is thinking of building but wants to avoid the pain of waiting for years. All bedrooms have lush carpet and feature walls which give them their own individual style. The master bedroom has a dedicated walk-in wardrobe and En-suite with twin vanities, while the remaining two bedrooms have built in wardrobes.
The kitchen is the hub of the home which is central between the two separate living zones. There is a 20mm Island benchtop with breakfast bar and large pantry. Next to the kitchen is the sliding doors which leads outside to the large, decked area which will be prefect for entertaining friends and family.
The property is neatly positioned in front of a park and offers a low maintenance lifestyle, this is bound to impress first home buyers, investors and downsizers.
Added internal and external features;
* Built in 2010
* Approximately 19.4 Sq in total (URL)
* Approximately 300 Sqm of land
* Two Separate living areas
* Two toilets
* 900 mm oven and five burner gas cook top
* Ducted heating
* Split System air conditioner
* Master with En-suite and double sink
* Master with walk in robe
* Double garage & Internal access
* 2 x outdoor video door phone and 1 x indoor door phone
* Master bedroom ceiling speakers & amp
* Master bedroom TV bracket
* 4 x IP security cameras & PoE injectors
* 1 x 24port HP switch
* Security camera PVR
* Family room TV bracket
* In wall AV cabling
* Large side deck
* Low maintenance gardens
- Frontage to a beautiful Reserve/ Park
- Eve IGA. Is about 7 minutes' walk away from the house
- Alkira Secondary College Campus is approx. 2 minutes' walk away from the house
- Bus stop is approx. 8 minutes' walk away from the house
- Berwick Springs Junior Football Club is approx. 9 minutes' walk away from the house
- Casey Fields Sporting complex is approx. 15 minutes' drive away from the house
- Fountain Gate Shopping Centre is approx. 13 minutes' drive away from the house
**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.
Listing description written by Chaminda Gunasekara, Ray White Cranbourne — reproduced as published, not verified by Districts.