Lot 5 - Golden Rise - Cranbourne

Description

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Cranbourne is a suburb in Melbourne, Victoria, Australia.It is located approximately 43 kilometers southeast of Melbourne's central business district (CBD).Cranbourne has a diverse population, with a mix of residential areas, commercial spaces, and recreational facilities.

The suburb is well-connected by road and public transport. Cranbourne is serviced by the Cranbourne railway line, making commuting to Melbourne CBD and other suburbs relatively convenient.Cranbourne offers various amenities such as schools, shopping centers (including Cranbourne Park Shopping Centre), parks, and medical facilities.Nearby attractions include the Royal Botanic Gardens Cranbourne, which showcases native Australian plants, and the Cranbourne Turf Club for horse racing enthusiasts.

Cranbourne offers a variety of housing options, including standalone houses, townhouses, and apartments. The housing market has seen steady growth due to demand from families, first-time homebuyers, and investorsCranbourne has a good selection of educational institutions, including primary and secondary schools. Notable schools include Cranbourne Secondary College, Cranbourne East Primary School, and St. Peter's College.While there are no universities within Cranbourne itself, nearby suburbs and Melbourne CBD offer tertiary education options. The Chisholm Institute in Dandenong is also accessible.

• Property Type: House and Land
• Property Stage: 1
• Price: $ 804,000.00
• Land Price: $ 428,500.00
• Build Price: $ 375,500.00
• Beds: 4
• Bath: 2
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: 1
• MPR: N/A
• Powder Room: 1
• Balcony: 1
• Floor Plan: Trentino
• Completion: N/A
• Land Size: 350
• Area Size: 185.60
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 500.00
• Est. Body Corp.: N/A
• Title Status: Q4 2025
• Gross Per Week: $ 500.00
• Gross Per Annum: $ 26,000.00
• Gross Yield: 3.23%
• Capital Growth 12 Months: -0.73%
• Capital Growth 10 Year Annualised: 6.76%
• Vacancy Rate: 0.75%