Lot 18 - Golden Rise - Cranbourne

Cranbourne , Melbourne, VIC, 3977

$ 851,800

Cranbourne , Melbourne, VIC, 3977
Lot 18 - Golden Rise - Cranbourne -0
Lot 18 - Golden Rise - Cranbourne -1
Lot 18 - Golden Rise - Cranbourne -2
Lot 18 - Golden Rise - Cranbourne -3
Lot 18 - Golden Rise - Cranbourne -4

Property Images

Lot 18 - Golden Rise - Cranbourne -0 Lot 18 - Golden Rise - Cranbourne -1 Lot 18 - Golden Rise - Cranbourne -2 Lot 18 - Golden Rise - Cranbourne -3 Lot 18 - Golden Rise - Cranbourne -4

Overview

Property ID: LA-4159

  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 191

Details

Updated on Sep 30, 2024 at 12:26 am

Property Type: House and Land
Price: $ 851,800
Land Price: $ 482,500
Build Price: $ 369,300
Gross Per Week: $ 570
Gross Per Annum: $ 29,640
Gross Yield: 3.48%
Capital Growth 12 Months: 2.86%
Capital Growth 10 Year Annualised: 6.63%
Vacancy Rate: 0.87%
Property Size: 191 m2
Land Area: 400 m2
Bedrooms: 4
Bathrooms: 2
Parking: 2
Title Status: November 2025
Property ID: 4159
SKU: 1001

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.* 

Cranbourne East is a rapidly growing suburb located in the southeastern part of Melbourne, Victoria. It falls under the City of Casey, one of the fastest-growing municipalities in Australia. With a mix of modern housing developments, excellent schools, and expanding amenities, Cranbourne East is a popular choice for families, young professionals, and first-home buyers.

Suburb Overview

Cranbourne East is primarily a residential suburb with several new housing estates and developments, offering a variety of housing styles, including townhouses, single-family homes, and large family residences. The suburb is known for its modern infrastructure, schools, and recreational facilities, catering to the needs of its growing population.

Transportation

  • Roads: Cranbourne East is located approximately 45 kilometers southeast of the Melbourne CBD. It is accessible via major roads such as the South Gippsland Highway and the Monash Freeway, providing easy access to Melbourne and other southeastern suburbs. The suburb is well-connected to nearby suburbs like Cranbourne, Clyde North, and Berwick.
  • Public Transport: Cranbourne East is served by buses that connect to the Cranbourne train station. Cranbourne is the last stop on the Cranbourne line, providing direct rail services to Melbourne's CBD. There are plans to extend the train line further, which would improve public transport options in the future.
  • Cycling and Walking: The suburb has access to several bike and walking paths, providing active travel options for residents. There are dedicated cycleways and pedestrian-friendly areas in and around the new housing estates.

Schools

Cranbourne East is home to several excellent schools, making it a popular choice for families:

  • Cranbourne East Primary School: A well-regarded public primary school catering to the growing population of young families in the area.
  • Cranbourne East Secondary College: A newer public secondary school offering modern facilities and a comprehensive curriculum.
  • Casey Fields Primary School: A relatively new addition to the suburb, providing further primary school options for local families.
  • St. Peter's College, Clyde North Campus: A Catholic school offering education from Year 7 to Year 12, located in nearby Clyde North.
  • Chisholm TAFE (Cranbourne Campus): For higher education and vocational training, Chisholm TAFE’s Cranbourne campus offers various courses and programs.

Parks and Recreational Areas

Cranbourne East is known for its excellent recreational facilities, which are a major drawcard for families and sports enthusiasts:

  • Casey Fields: A large, multi-purpose sporting complex that is home to a variety of sports, including football, cricket, soccer, and athletics. It is a popular destination for local sports clubs and hosts various community events.
  • Cranbourne Royal Botanic Gardens: Just a short drive away, this expansive garden is known for its native Australian plants and beautiful walking trails. It’s a peaceful spot for nature lovers and those looking for a relaxing day out.
  • Parks and Playgrounds: Cranbourne East features several local parks and playgrounds scattered throughout its residential areas, providing ample space for families and children to enjoy outdoor activities.

Shopping and Amenities

  • Cranbourne Park Shopping Centre: Located in nearby Cranbourne, this is the primary shopping destination for residents of Cranbourne East. It offers a wide range of stores, including major supermarkets, fashion outlets, and dining options.
  • Selandra Rise Shopping Centre: Located in Clyde North, this shopping center provides additional retail options closer to the suburb, including a supermarket, cafes, and specialty shops.
  • Casey Central Shopping Centre: Located a short drive away, this center provides further shopping and dining choices.
  • Medical Facilities: Cranbourne East has access to several medical facilities, including local general practitioners, dental clinics, and pharmacies. The nearby Cranbourne Integrated Care Centre offers more specialized healthcare services.

Infrastructure

  • Education and Childcare: In addition to the schools mentioned earlier, there are several childcare centers in Cranbourne East, catering to the needs of working families with young children.
  • Sports and Recreation: Casey Fields is a central hub for sporting activities in the area, offering facilities for various sports, including cricket, football (AFL), soccer, and cycling. The suburb also has several gyms and fitness centers.
  • Healthcare: Cranbourne East has access to several medical centers and healthcare services. The nearest hospital is Casey Hospital in Berwick, which provides emergency care and specialist medical services.

Community Services

  • Libraries and Community Centers: The Casey Cardinia Libraries system serves the area, with the closest branch located in Cranbourne. The local community centers offer various programs and activities, including fitness classes, community events, and workshops.
  • Sports Clubs: The Casey Fields sporting complex hosts various local sports clubs for AFL, soccer, netball, and cricket. There are also programs for children, such as Little Athletics, making it a vibrant community hub.

Real Estate

  • Housing: Cranbourne East has seen significant development in recent years, with modern housing estates and new residential projects catering to the growing population. The area is known for its relatively affordable property prices compared to Melbourne’s inner suburbs, attracting first-home buyers and investors. Houses in Cranbourne East are typically modern, with family homes on decent-sized blocks being the most common type of property.
  • Real Estate Market: The suburb has experienced steady growth in property values due to its increasing popularity and expanding amenities. It is considered a good investment area, particularly for young families and first-home buyers looking for modern homes in a growing community.

Conclusion

Cranbourne East is a thriving suburb with modern amenities, excellent schools, and strong community infrastructure. It offers a family-friendly environment with plenty of recreational opportunities, making it an appealing location for families and young professionals alike. With the continued development of infrastructure and housing, Cranbourne East is expected to remain a popular choice for those seeking a suburban lifestyle within commuting distance to Melbourne’s CBD.

 

Disclaimer*

Reservation Requirements: 1. Completed EOI (Property Reservation form under Fusion CRM Online Forms) 2. Holding deposit receipt (amount TBA) 3. Copy of client's finance pre-approval letter/comfort letter from the broker 4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 18 - Golden Rise - Cranbourne
City Melbourne
State VIC
Postcode 3977
Suburb Cranbourne

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

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