11 Lily Banks Cranbourne East, VIC 3977

Cranbourne East, Casey, VIC, 3977

$ 769,521

Cranbourne East, Casey, VIC, 3977
House and Land Investment Property in Cranbourne East, VIC (4.05% Yield) | Aus Investment Properties - Photo 1

Property Images

House and Land Investment Property in Cranbourne East, VIC (4.05% Yield) | Aus Investment Properties - Photo 1
  • House and Land
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 139

Details

Updated on Oct 22, 2026

Property Type: House and Land
Price: $ 769,521
Land Price: $ 423,500
Build Price: $ 346,021
Gross Per Week: $ 600**
Gross Per Annum: $ 31,200
Gross Yield: 4.05%
Capital Growth 12 Months: 8.87%
10Yr Annualised Growth: 7.54%
Vacancy Rate: 1.14%
Property Size: 139 m2
Land Area: 263 m2
Bedrooms: 3
Bathrooms: 2
Parking: 2
Title Status: Q2 2027
Property ID: 42269
SKU: 1045

Description

This modern House in Cranbourne East delivers a compelling opportunity for both investors and homeowners. Featuring 3 bedrooms, 2 bathrooms and 2 car space/s, it is designed to maximise space, comfort and functionality. Its contemporary design ensures low maintenance while maintaining strong visual appeal. Located in a high-growth area, it supports both steady rental income and long-term appreciation. A property built with both practicality and performance in mind.

Cranbourne East offers a balanced lifestyle with access to everyday amenities and transport links. The area has consistent demand from renters and owner occupiers, supporting long‑term stability. Local parks, schools and shopping make it attractive for families and professionals.

With its strong rental appeal and long-term growth prospects, this House in Cranbourne East is positioned for success. It offers both stability and opportunity, making it an excellent addition to any property portfolio. A reliable investment in a growing market.

A House and Land Package offers a complete, turnkey solution by combining a brand-new home build with a carefully selected block of land.

Designed for modern living, these packages provide flexible floor plans, contemporary finishes, and the convenience of a streamlined building process.

Ideal for both owner-occupiers and investors, they deliver a hassle-free pathway to securing a quality property in a growing community.

Investing in a House and Land Package presents strong value, with fixed pricing, potential stamp duty savings, and reduced maintenance costs.

With increasing demand in emerging suburbs, these properties offer excellent prospects for rental yield and long-term capital growth.

Features

  • Minimum 7-Star Energy Rating
  • Reconstituted stone bench tops to kitchen and bathrooms.
  • Stainless steel kitchen appliances.
  • Quality timber laminate, tile and carpet flooring.
  • LED downlights throughout
  • Semi Frameless Shower Screens
  • Tiled shower bases
  • Remote controlled garage door.
  • Door and window locks.
  • Heating and Cooling.
  • Window furnishings and flyscreens
  • Heat pump hot water system.
  • Colour through concrete driveway and porch.
  • Clothesline
  • Letterbox.
  • Full landscaping and full fencing.
  • Provide brick infills above all windows and pedestrian doors (Design specific) - House Size 13.1 - 20sq. Note: Price includes Category 1 Range bricks only.
  • Provide approx. 2590mm ceiling heights throughout to single storey homes in lieu of standard 2440mm. *NOTE: Report and consent may be required due to Garage wall height regulations. To be confirmed once soil & survey reports are received.

Floor plans

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address 11 Lily Banks Cranbourne East, VIC 3977
City Casey
State VIC
Postcode 3977
Suburb Cranbourne East
Estate Lily Banks
Region Mornington Peninsula

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  • Brand new properties with builders warranty.
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  • Tax and depreciation benefits from new properties.
  • Buy direct from the builder.
  • Investor or SMSF.
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

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