Lot 216 - Crestwood Place - Cranbourne

Description

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Cranbourne is a vibrant suburb located approximately 43 kilometers southeast of Melbourne's Central Business District, within the City of Casey. Known for its blend of natural beauty and modern conveniences, Cranbourne offers residents and visitors a diverse range of amenities and attractions.

The suburb boasts a large and modern commercial center along High Street (South Gippsland Highway), featuring the Cranbourne Park Shopping Centre. This hub includes major retailers, specialty stores, and a variety of dining options, catering to the daily needs and leisure activities of the community. Additionally, the area hosts local markets and specialty shops, providing a unique shopping experience.

Education is well-represented in Cranbourne, with several schools serving the community. Families have access to both public and private educational institutions, ensuring quality learning opportunities for children of all ages. The presence of these schools contributes to the suburb's family-friendly reputation.

Transportation in Cranbourne is convenient, with a reliable public transport network connecting residents to Melbourne and surrounding areas. The suburb is serviced by the Cranbourne railway line, and ongoing upgrades aim to enhance connectivity further. Major roads, including the South Gippsland Highway, provide easy access for drivers, facilitating straightforward commutes to the city and other regions.

• Property Type: House and Land
• Property Stage:
• Price: $ 763,564.00
• Land Price: $ 413,064.00
• Build Price: $ 350,500.00
• Beds: 4
• Bath: 2
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: 1
• MPR: N/A
• Powder Room: 1
• Balcony: 1
• Floor Plan:
• Completion: N/A
• Land Size: 312
• Area Size: 185.60
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 595.00
• Est. Body Corp.: N/A
• Title Status: Q4 2025
• Gross Per Week: $ 595.00
• Gross Per Annum: $ 30,160.00
• Gross Yield: 4.05%
• Capital Growth 12 Months: -0.73%
• Capital Growth 10 Year Annualised: 6.76%
• Vacancy Rate: 0.75%