Lot 16 Portbury Circuit, Cranbourne East VIC

Cranbourne East, Greater Melbourne, VIC, 3977

$ 877,310

Cranbourne East, Greater Melbourne, VIC, 3977
Lot 16 Portbury Circuit, Cranbourne East VIC-0
Lot 16 Portbury Circuit, Cranbourne East VIC-1

Property Images

Lot 16 Portbury Circuit, Cranbourne East VIC-0 Lot 16 Portbury Circuit, Cranbourne East VIC-1

Overview

Property ID: LA-22910

  • Co living
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 210

Details

Updated on May 06, 2026 at 04:44 pm

Property Type: Co living
Secondary Type: N/A
Price: $ 877,310
Land Price: $ 495,000
Build Price: $ 378,310
Gross Per Week: $ 980*
Gross Per Annum: $ 50,960
Gross Yield: 5.81%
Capital Growth 12 Months: 2.18%
Capital Growth 10 Year Annualised: 6.58%
Vacancy Rate: 1.01%
Property Size: 210 m2
Land Area: 398 m2
Bedrooms: 4
Bathrooms: 3
Parking: 2
Title Status: 'June 2026
Property ID: 22910
SKU: 1069

Description

Positioned within the growing suburb of Cranbourne East, this Co-living offers a modern solution for comfortable living and smart investment. With 4 bedrooms, 3 bathrooms and 2 car space/s, it provides a layout that supports both functionality and lifestyle. Its design focuses on ease of living, making it attractive to a wide range of tenants and buyers. Backed by strong growth potential, it stands as a reliable and future-ready property. An ideal addition to any portfolio.


Suburb profile:

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.


Inclusions:

  • Fixed price house and land package
  • Modern front facade as per selected design
  • 20mm stone benchtops to kitchen, bathrooms and laundry
  • Waterfall island benchtop (design dependent)
  • Quality Technika appliances including cooktop, oven, rangehood and dishwasher
  • Soft-close cabinetry throughout kitchen and bathrooms
  • Walk-in pantry and built-in pantry cabinetry (design dependent)
  • LED downlights to main living areas and porch
  • Split system air conditioning to main living area
  • Data and NBN-ready connection package
  • Modern slimline light switches
  • Timber laminate flooring to main living areas
  • Carpet with quality underlay to bedrooms
  • Three-coat paint system throughout
  • Blinds and flyscreens to all windows
  • Freestanding bath (design dependent)
  • 2590mm high ceilings
  • Fully landscaped front and rear yards
  • Coloured concrete driveway
  • Fencing, clothesline and letterbox
  • Brick infills above windows and garage door
  • 7-star energy rating compliant
  • Developer and estate requirements included (where applicable)

Whether you're looking to diversify your investments or secure a low-maintenance home, this Co-living in Cranbourne East delivers on all fronts. With its balance of comfort and growth potential, It's an opportunity worth securing. An investment that stands out for the future.

A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.

Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.

A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.

Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.

A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.

Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions in urban areas.

Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.

You can read more about Co-Living here: https://ausinvestmentproperties.com.au/blogs/co-living-the-future-of-australian-housing

Disclaimer*

All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 16 Portbury Circuit, Cranbourne East VIC
City Greater Melbourne
State VIC
Postcode 3977
Suburb Cranbourne East

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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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