Talc Street, Cranbourne East VIC (IL)

Melbourne, VIC, 3977

$ 910,000

Melbourne, VIC, 3977
Talc Street, Cranbourne East VIC (IL)-0
Talc Street, Cranbourne East VIC (IL)-1
Talc Street, Cranbourne East VIC (IL)-2

Property Images

Talc Street, Cranbourne East VIC (IL)-0 Talc Street, Cranbourne East VIC (IL)-1 Talc Street, Cranbourne East VIC (IL)-2

Overview

Property ID: LA-11237

  • SDA
  • Property Type
  • 3+OOA
  • Bedrooms
  • 4
  • Bathrooms
  • 2
  • Cars
  • 200

Details

Updated on Apr 04, 2025 at 12:56 pm

Property Type: SDA
Price: $ 910,000
Land Price: $ 440,000
Build Price: $ 470,000
Gross Per Week: $ 3,066
Gross Per Annum: $ 159,450
Gross Yield: 17.52%
Capital Growth 12 Months: 2.18%
Capital Growth 10 Year Annualised: 6.58%
Vacancy Rate: 1.01%
Property Size: 200 m2
Land Area: 350 m2
Bedrooms: 3+OOA
Bathrooms: 4
Parking: 2
Title Status: March 2025
Property ID: 11237
SKU: 1036

Description

This Improved Livability SDA property is located in the Nelson Village Estate. Designed for accessibility and compliance with SDA standards, the property offers modern features with a focus on comfort, safety, and energy efficiency. It includes a well-thought-out floor plan with four bedrooms, four bathrooms, and a two-car garage. The house is set on a 350m² block, with a total house area of 200.43m². It is an excellent investment opportunity in a growing suburb.

Suburb profile:

Cranbourne East is a rapidly developing suburb in Melbourne's southeast, known for its family-friendly environment, quality schools, and modern amenities. The area boasts excellent transport links, shopping centers, and parks, making it a sought-after location for families and investors alike. The suburb continues to experience strong growth, driven by new developments and infrastructure improvements.


Site Inclusions - Site Works, Foundations & Connections:

  • Engineer Site Assessment & Survey
  • Building Permit
  • Energy Rating Report (min. 7 star)
  • Bushfire (BAL) Compliance (where applicable)
  • Stormwater, Sewer, Water & Single-Phase Underground Power (to existing infrastructure)
  • Recycled Water (where applicable)
  • NBN run to front of home (where available)
  • Engineer Designed Slab – Up to P Classification
  • Site fall over building area no greater than 500mm
  • Rock excavation & removal allowance included
  • Termite Treatment
  • Temporary Fencing
  • Site Signage & Waste Management

Preliminary Inclusions:

  • SDA design assessments and certification by an ACAA Accredited SDA Assessor
  • Compliance with SDA Design Standards and NCC Class Requirements

Internal Inclusions:

  • 2590mm high (nominal) ground floor ceilings
  • Hybrid timber-look flooring in bedrooms, living areas & kitchen
  • Ceramic wall tiles in bathrooms, ensuite, kitchen, and laundry splashbacks
  • Water-based acrylic paint on all walls & ceilings
  • Gloss enamel water-based paint on internal doors, architraves, skirting boards, and door jambs
  • 10mm plasterboard walls & ceilings, water-resistant plasterboard in wet areas

External Inclusions:

  • Face brickwork and rendered features on the front façade
  • Colorbond fascia, guttering, and downpipes
  • Feature aluminium windows to the front façade, aluminium windows & external doors elsewhere
  • Feature front entry door with keyed locks on all openable windows and doors

Landscaping Inclusions:

  • Coloured concrete driveway & path to the front porch
  • Turf to front & rear garden
  • Drought-resistant planting in garden beds with mulch
  • Letterbox
  • Ground-mount folding clothesline

Electrical Inclusions:

  • White LED downlights throughout
  • White LED downlights in entry & covered outdoor area
  • Double power points throughout the house
  • TV point in the living area
  • Hardwired smoke detectors with battery backup
  • RCD safety switch
  • Floodlight with sensor outside external doors

Appliance Inclusions:

  • 900mm electric oven
  • 900mm electric cooktop
  • 900mm rangehood
  • Freestanding under-bench dishwasher
  • 1 & ¾ bowl stainless steel sink with mixer tap

Upgraded Inclusions:

  • 20mm engineered stone benchtops in kitchen and bathrooms
  • Soft-close cabinetry with chrome handles
  • Step-free & hobless shower in bathroom

Energy Efficiency:

  • Heat pump with natural gas booster or electric heat pump (if gas is unavailable)
  • PV System to meet energy rating requirements
  • Insulation to external walls & ceilings per energy rating report

Warranties:

  • 3-month maintenance
  • 10-year structural warranty


This property in Nelson Village Estate is designed to meet the needs of SDA Improved Livability standards, offering accessibility, comfort, and modern features. It is an excellent investment in a high-growth area, benefiting from strong infrastructure, nearby amenities, and a well-thought-out design tailored for long-term liveability.

SDA – Specialist Disability Accommodation - Improved Livability

SDA Accommodation:

An SDA home, which stands for Specialist Disability Accommodation, is a type of housing designed to meet the specific needs of individuals with significant disabilities who require high-level support and specialised accommodation. SDA aims to provide suitable housing options for participants with complex support needs.

Improved Livability Housing:

Improved livability housing offers better physical access and incorporates features for people with sensory, intellectual, or cognitive impairments. For example, these homes may include walls and floors with high contrast for easier navigation, open living areas that allow support workers to monitor residents, or designs that minimise stairs within the home.

Benefits for Participants:

Improved Quality of Life: SDA homes are tailored to provide accessible and inclusive living environments, promoting independence, comfort, and safety for participants.

Benefits of SDA:

Cost Effectiveness: SDA aims to reduce the overall cost of disability support by providing suitable housing options. Offering appropriate accommodation can help prevent or minimise the need for more expensive, institutionalised care settings.

Benefits for the Community:

Inclusion and Accessibility: SDA homes create inclusive communities by providing accessible housing options for individuals with disabilities. This promotes social integration and enables participants to participate more fully in community life.

Benefits for Property Investors:

  1. Sustainable Financial Returns: Investing in SDA homes can provide stable, long-term rental income due to the ongoing demand for specialised accommodation.
  2. Secure Tenancy: These homes often come with secure, long-term tenancy agreements, offering greater stability and reduced vacancy rates.
  3. Ethical and Social Impact: Investing in SDA homes allows investors to make a positive social impact by supporting individuals with disabilities and building inclusive communities.
  4. Government Support: Various government programs provide financial incentives for property investors who choose to invest in SDA homes, enhancing the viability of such investments.

Overall, investing in SDA homes can offer property investors a combination of financial stability, social impact, and government support, making it an attractive investment option.

The rental income of this 3+1 SDA property has been quoted with two participants only, reflecting the realistic earning potential for this property. 

Disclaimer*

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

Address Talc Street, Cranbourne East VIC (IL)
City Melbourne
State VIC
Postcode 3977
Suburb N/A

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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.

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