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VIC › Cranbourne East › Puledra Ln

Lot 39 Puledra Ln, Cranbourne East VIC 3977

For saleHouse

$639,900

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

263 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $639,900 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $639,900(Listing record · 3 July 2023)
  • CalculationLand 263 m² against a 15 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Cranbourne East (last 5 years) with land size: median $1,469/m² of land (n=37). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationIf it leased at Cranbourne East's advertised median rent ($605/wk), implied gross yield would be 4.92% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$639,900

Asking · $2,433/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Cranbourne East (last 5 years) with land size have a median of $1,469/m² of land (n=37). 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

See the full Cranbourne East report →

Total cost to purchase

Purchase Price
$639,900
Stamp Duty (Victoria)
$33,464
Transfer/Registration Fee
$1,600
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
$678,664

$38,764 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

Pre-filled with Cranbourne East's advertised median rent — not a rent for this listing.

Net yield
3.42%
Annual cashflow (pre-tax)
$-11,413
Interest cover (DSCR)
0.66
Annual rent
$31,460
Operating expenses
$9,599
Loan amount
$511,920
Annual interest
$33,275
Gross yield
4.92%

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$639,900available3 July 2023

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 4.9%. 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 Puledra Ln →

Listing material

Listed by Turnkey Real Estate Group

Beautiful Three Bedroom Residence With Affordable Price Tag

This three bedroom full turnkey package boasts functionality in the established suburb of Cranbourne. Come home to luxury with a spacious master bedroom, complete with a walk in-robe and private ensuite. Retreat to the open plan living space which features split system heating and cooling making it the perfect place to relax.

Wake up to a life of convenience less than ten minutes from the heart of Cranbourne, with Cranbourne Park Shopping Centre, Cranbourne Station and Casey Grammar School all within an easy stretch. Enjoy summer on the pristine sands of Melbourne’s best bayside beaches, just 15 minutes away. Hop down to the Mornington Peninsula or watch the penguin parade at Phillip Island, both within a leisurely and enjoyable drive. All the amenities of Cranbourne are at your fingertips, including cafés, restaurants and shops. You can be at Cranbourne train station in less than ten minutes, and Cranbourne Park Shopping Centre in just eight minutes.

This fixed priced package includes;

Read the full description

- Fixed Site Costs

- Landscaping to front: Includes a dripper irrigation system with a battery operated timer so no need to worry about time consuming maintenance.

- Rear landscaping: Includes mulched garden beds with trees or plants to rear boundary, turf and topping to remainder of the land to rear and side boundaries with a dripper system connected to the tap.

- Fencing: Full share fencing to sides and rear boundaries as well as a side gate to comply with the developers guidelines.

- Coloured concrete driveway.

- Fold away clothesline with a coloured concrete pad.

- Concrete letterbox to suit house type and meet the design guidelines of the estate.

- Timber Laminate Flooring with Carpet

- Heating and Cooling

- Blinds throughout

- Flyscreens to all windows

- Stainless steel appliances including dishwasher

- Stone benchtops to kitchen

- Tiled shower bases

- Downlights

- Alarm system including sensors and keypad to entry

Listing description written by Bridgette Witte, Turnkey Real Estate Group — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Built-in Robes
  • Dishwasher
  • Ducted Heating
  • Floorboards
  • Fully Fenced
  • Remote Garage
  • Secure Parking
  • Toilets: 2

Also look at

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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.