Lot 5 - Botanical Court - Cranbourne East

Description

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Cranbourne East is a rapidly growing residential suburb in Melbourne’s south-east, located about 45 km from the Melbourne CBD within the City of Casey. It is known for its family-friendly environment, modern housing estates, and strong population growth, making it popular with first-home buyers, young families, and investors. The suburb offers a mix of contemporary homes, parks, and community facilities while still retaining some semi-rural surroundings on its outer edges.

Local amenities are extensive and continue to expand as the area grows. Residents have access to numerous parks, playgrounds, sporting fields, walking and cycling paths, and community centres. Nearby recreational facilities include Casey Fields, one of Melbourne’s largest sporting precincts, which provides football, cricket, soccer, athletics, and other sports facilities. Health services, childcare centres, gyms, and everyday services are also readily available throughout the suburb.

Shopping needs are well catered for, with Cranbourne Park Shopping Centre serving as the major retail hub for the area. The centre includes supermarkets, department stores, fashion retailers, dining options, and essential services. Additional local shopping strips and convenience centres are spread throughout Cranbourne East and the surrounding Cranbourne suburbs, providing easy access to groceries, cafes, pharmacies, and specialty stores.

Education is a major drawcard for families. Cranbourne East has several primary and secondary schools, including Cranbourne East Primary School, Cranbourne East Secondary College, Casey Grammar School, and St Thomas the Apostle Catholic Primary School. The suburb is also close to TAFE and tertiary education options in the broader Casey region, giving residents access to a wide range of educational pathways.

Transport connections are good for a suburban growth area. Cranbourne East is serviced by local bus routes linking residents to Cranbourne railway station, which provides regular metropolitan train services to Melbourne via the Cranbourne Line. Major roads such as South Gippsland Highway and Thompsons Road offer convenient access to neighbouring suburbs and employment areas, while the Monash Freeway can be reached by car for travel toward central Melbourne and other parts of the metropolitan area.

• Property Type: Prestige House & Land
• Property Stage: N/A
• Price: $ 796,405.00
• Land Price: $ 420,000.00
• Build Price: $ 376,405.00
• Beds: 4
• Bath: 2
• Garage: 1
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: Wellington
• Completion: N/A
• Land Size: 300
• Area Size: 154.52
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 610.00
• Est. Body Corp.: N/A
• Title Status: N/A
• Gross Per Week: $ 610.00
• Gross Per Annum: $ 31,720.00
• Gross Yield: 3.98%
• Capital Growth 12 Months: -0.73%
• Capital Growth 10 Year Annualised: 6.76%
• Vacancy Rate: 0.75%