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Lot 211 - Crestwood Place - Cranbourne

$ 697,618.00

Cranbourne East , Melbourne, VIC, 3977

  • 2 Bathrooms
  • 3 Beds
  • 1 Cars

*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 major residential suburb located about 43 km southeast of Melbourne’s CBD within the City of Casey, known for its rapid growth, family-friendly communities, and mix of established areas and modern housing estates. The suburb offers strong amenities, including the large Cranbourne Park Shopping Centre, a range of schools, sports facilities at Casey Fields, and one of its most iconic attractions—the Royal Botanic Gardens Cranbourne, home to the renowned Australian Garden. Cranbourne has a long history dating back to early European settlement in the 1800s and remains well-known for its racing and training facilities at the Cranbourne Racecourse. 

With convenient access via the South Gippsland Highway and proximity to public transport links, the suburb attracts first-home buyers, families, and those looking for more affordable living compared to inner Melbourne. It provides a balance of green spaces, community facilities, and growing infrastructure, making it a popular choice for residents seeking value and lifestyle in Melbourne’s southeast.

Additional Details

Property Type House and Land
Price $ 697,618.00
Land Price $ 329,455.00
Build Price $ 368,163.00
Beds 3
Bath 2
Garage 1
Storey 1
Floor Plan Custom
Land Size 228
Area Size 124.84
Est. Rent PW 525.00
Gross Per Week $ 525.00
Gross Per Annum $ 27,300.00
Gross Yield 3.91%
Capital Growth 12 Months -0.73%
Capital Growth 10 Year Annualised 6.76%
Vacancy Rate 0.75%

Cranbourne East , Melbourne, VIC, 3977