Cranbourne West at a glance
20,239
People
No data
Median sale
$570/wk
Median rent
No data
Suburb gross yield
VIC › Cranbourne West › Powell Way
$845,000
Last sold
28 Sept 2023
3
Bedrooms
3
Bathrooms
4
Car spaces
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
$845,000
28 Sept 2023 · derived via latest_sale
Cranbourne West at a glance
20,239
People
No data
Median sale
$570/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 $570/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 West at a glance
20,239
People
No data
Median sale
$570/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Ray White CranbourneEVANS PARK, CRANBOURNE WEST: **OVERSIZED 4 CAR GARAGE WITH WORKSHOP FACILITIES & HOME OFFICE** Impressing with a long list of high-spec upgrades, a deluxe alfresco area and even a self-contained unit, this contemporary opportunity proves that all townhouses aren't created equally!
A rare and exceedingly enticing package for extended families and those seeking a side-stream income by leasing out the studio apartment (was previously returning $1,586 PCM), this 2-storey residence features a generously sized living zone with timber flooring underfoot, a sophisticated navy-blue feature wall plus a bonus retreat which can easily be used as a 3rd bedroom.
Dazzling in cobalt and crisp white, the culinary kitchen will delight the family cook with its 1100mm oven with 3 internal ovens (one can be used for pizzas) and a separate slow cooker together with a gas cooktop, stainless-steel dishwasher and a butler's pantry.
A sliding glass door opens into an all-season outdoor living area with a built-in BBQ kitchen complete with a grill, sink and bar fridge. As one of the major selling attractions, don't forget the strip heating, ceiling fan and screening allowing for year-round enjoyment!
The master bedroom indulges with a walk-in robe and full ensuite with spa bath, while the second bathroom, ducted zoned heating, refrigerated cooling and multiple ceiling fans throughout are just some of the value-adding inclusions. Not to mention the TV and data points in every room, double-glazed windows, plantation shutters, cost-cutting solar array together with the wired doorbell (with monitor), surround sound and security systems.
With its own entry (7A), the ground floor studio apartment is fully self-contained and provides a cosy living area, kitchenette, a full bathroom plus split-system heating/cooling and offers direct access to the 4-car garage/workshop with 3-phase power, roof-mounted electric clothesline and the home office. This is not only a great space for renters, but is perfect for in-law accommodation and older children keen to save for their own home!
Nestled in a secluded pocket of Cranbourne West, this location is second to none and is only minutes to the Cranbourne town centre and all major roads en route to Frankston and Dandenong. Surrounded by amenities you are within a brisk commute of the Cranbourne West Community Hub, Cranbourne West Secondary College, St. Peters College, parks, takeaways and public transport.
Slightly further afield you have easy access to multiple train stations, the Marriott Waters, Sandhurst and Camms Road shopping precincts, additional educational options and medical clinics.
The up-and-coming Evans Park business centre will definitely provide a long list of bonus local eateries, while a quick approx. 45-minute drive will find you in the Melbourne city centre!
The perfect opportunity for those looking to start a business and those looking to remove the costs associated with leasing space, 7 Powell Way is a must to inspect for those wanting the perfect man cave and also car buffs looking to securely park the Sunday cruisers!
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.