Cranbourne at a glance
22,726
People
No data
Median sale
$555/wk
Median rent
No data
Suburb gross yield
VIC › Cranbourne › Normanby St
$580,000
For sale
Asking
2
Bedrooms
2
Bathrooms
2
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
Asking
$580,000
Asking
No recorded sale for this property.
Cranbourne at a glance
22,726
People
No data
Median sale
$555/wk
Median rent
No data
Suburb gross yield
$35,031 on top of the price (6.0% extra)
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.
Pre-filled with Cranbourne's advertised median rent — not a rent for this listing.
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.
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 $555/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.
Gross yield if leased at the suburb aggregate is 5.0%. 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
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 at a glance
22,726
People
No data
Median sale
$555/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Area Specialist VictoriaIt's Addressed:
3/54 Normanby Street is a modern double storey townhouse, ideally located just metres from Normanby Street Reserve. With local restaurants around the corner on Hotham Street and a 12-minute walk to Cranbourne Train Station and its surrounding retail hub, convenience is at your doorstep. The property is also within easy reach of Cranbourne Secondary College, the esteemed Casey Grammar School, Chisholm TAFE, and it falls within the catchment zone for Cranbourne Park Primary School.
Set back from the street within a boutique complex, this modern home boasts a stylish design with brick veneer, painted concrete render and upper-floor matrix cladding. The property includes a concrete driveway for parking, plus a single lock-up garage with an automatic Colorbond door framed by a sleek parapet wall. LED sensor lighting adds security and modernity to the exterior.
The open-plan design allows natural light to filter through the living spaces via large windows and an overhead skylight. Inside, quality timber-laminate floorboards flow through the lower level, while plush carpet applies to the upper level. High ceilings and modern LED downlights enhance the spacious feel of the home, which is protected by a security alarm system and equipped with split system air conditioning throughout. Roller blinds offer privacy, and a sunny timber deck in the private yard is the perfect spot for morning coffee or a BBQ. The addition of a study nook upstairs makes this property ideal for those working from home.
The kitchen is a highlight, showcasing opulent finishes with timber-look laminate soft-close cabinetry and a cafe-black subway tile splashback. The 40mm white stone benchtops and a three-seater breakfast island provide plenty of space for meal prep. A double bowl undermount sink with an elegant gooseneck mixer and quality appliances, including an electric oven, gas burner cooktop and pull-out rangehood, complete the kitchen's sleek design.
Both bedrooms feature private ensuites, with bedroom two offering a mirrored built-in robe while the main bedroom includes a spacious walk-in robe. The bathrooms are luxuriously appointed with full-height wall tiles, stone-top vanities, square set ceilings and large semi-frameless showers with herringbone feature tiles in the niche shelves.
Contact us for a priority inspection today!
Property Specifications
Two-bedroom townhouse with private ensuites and stylish finishes
Open-plan living with a sunny deck and study nook for versatile use
Modern kitchen with stone benchtops, quality appliances and soft-close cabinetry
Secure parking with a single lock-up garage and additional driveway space
Conveniently located near schools, parks, public transport and local amenities
For more Real Estate in Cranbourne contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Listing description written by Calvin Pais, Area Specialist Victoria — reproduced as published, not verified by Districts.
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