Sold

218 Bourbon Road CRANBOURNE EAST, VIC 3977

Cranbourne East, Casey, VIC, 3977

$ 762,100

Sold
Cranbourne East, Casey, VIC, 3977
218 Bourbon Road CRANBOURNE EAST, VIC 3977-0

Property Images

218 Bourbon Road CRANBOURNE EAST, VIC 3977-0
  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Cars
  • 145

Details

Updated on Jun 19, 2026

Property Type: House and Land
Price: $ 762,100
Land Price: $ 415,000
Build Price: $ 347,100
Gross Per Week: $ 560**
Gross Per Annum: $ 29,120
Gross Yield: 3.82%
Capital Growth 12 Months: 8.87%
10Yr Annualised Growth: 7.54%
Vacancy Rate: 1.13%
Property Size: 145 m2
Land Area: 334 m2
Bedrooms: 4
Bathrooms: 2
Parking: 1
Title Status: Jun-26
Property ID: 26654
SKU: 1045
Sold: Jun 17, 2026

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

Located in Cranbourne East, this House is more than just a home, it's a smart investment opportunity. With 4 bedrooms, 2 bathrooms and 1 car space/s, it delivers functional design with modern living in mind. Investors will appreciate its strong yield potential, while residents will enjoy the comfort and convenience it provides every day. Set within a growth corridor, it combines lifestyle benefits with future financial returns. A property that works for you today and tomorrow.

Cranbourne East is a thriving suburb in Melbourne's southeast, popular with families and investors due to its excellent amenities and connectivity. The area offers access to schools, shopping centres, and recreational facilities, while being well-linked to Melbourne CBD via major roads and public transport. With continued population growth and strong infrastructure investment, Cranbourne East presents strong prospects for rental demand and long-term capital growth.

Combining modern design, location and investment potential, this House in Cranbourne East offers a well-rounded opportunity. It delivers both immediate appeal and long-term value, making it suitable for a wide range of buyers. A property that stands strong in today's 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.

Floor plans

floor_plan.png
Address 218 Bourbon Road CRANBOURNE EAST, VIC 3977
City Casey
State VIC
Postcode 3977
Suburb Cranbourne East
Estate CRESTWOOD PLACE

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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.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

SMSF Single Contract

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