Lot 26 - Golden Rise - Cranbourne
Cranbourne , Melbourne, VIC, 3977$ 881,285
Overview
Property ID: LA-4215
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 226
Details
Updated on Oct 25, 2024 at 01:07 pm
Property Type: | House and Land |
---|---|
Price: | $ 881,285 |
Land Price: | $ 464,000 |
Build Price: | $ 417,285 |
Gross Per Week: | $ 550 |
Gross Per Annum: | $ 26,000 |
Gross Yield: | 3.25% |
Capital Growth 12 Months: | 2.86% |
Capital Growth 10 Year Annualised: | 6.63% |
Vacancy Rate: | 0.87% |
Property Size: | 226 m2 |
Land Area: | 387 m2 |
---|---|
Bedrooms: | 4 |
Bathrooms: | 2 |
Parking: | 2 |
Title Status: | Q4 2025 |
Property ID: | 4215 |
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 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.
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
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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.