FOR SALE
$396,000

Portbury Circuit
Cranbourne East VIC 3977

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 300m2
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LOT 3 @ GOLDEN RISE, CRANBOURNE EAST

The Avenue Property Co is excited to offer Lot 3 Portbury Street, Cranbourne East at the Golden Rise Estate.
This 300m2* allotment is one of only 34 allotments available in this entire brand new land estate with blocks ranging from approx. 285m2* to 434m2*, ideally designed for first home buyers, upsizes, downsizers and investors.
With the exclusive and limited choice of North, East, South and West facing allotments, these vacant land lots and house and land packages have been designed by some of Melbourne's best and reputable builders and although options are many, they are also limited to only 34 buyers.
Key Surroundings:
Schools: Strategically located within proximity to well-regarded primary schools such as Cranbourne East Primary, Casey Fields Primary, St Thomas the Apostle Catholic Primary School and exceptional Secondary School options as well with Cranbourne East Secondary and Casey Grammar not far away.
Shopping & Dining; You'll be spoiled with Westfield Fountain Gate Shopping Centre, Cranbourne Park Shopping Centre, Thompson Parkway and Cranbourne Market to mention just a few which provide entertainment, restaurants, cafes, retail stores and much more
Location: Local attractions will always be close by with Clyde Recreation Reserve, Casey Fields Sporting Complex, Casey Recreation and Aquatic Centre, and the renowned Cranbourne Royal Botanic Gardens all at your fingertips and within a short drive. While easy access to major roads and transport such as South Gippsland Highway, Eastlink, Western Port Highway, Monash Freeway, Cranbourne and Merinda train station also nearby.
Golden Rise is a desirable and enriching place to call home, representing an exciting opportunity not only to live your dream but to also make it into a reality, titles expected late 2025*
Contact Florence Law 0431 178 880 or George Bornyan 0411 352 222 for further details.
Please see the below link for an up-to-date copy of the Due Diligence Check: https://www.consumer.vic.gov.au/housing/buying-and-selling- property/checklists/due-diligence
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Property Details for Portbury Cct, Cranbourne East

Building Type
Land
Land Size
300m2

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About Cranbourne East 3977

The size of Cranbourne East is approximately 13.4 square kilometres. It has 35 parks covering nearly 9.1% of total area. The population of Cranbourne East in 2011 was 8,210 people. By 2016 the population was 16,181 showing a population growth of 97.1% in the area during that time. The predominant age group in Cranbourne East is 30-39 years. Households in Cranbourne East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne East work in a trades occupation. In 2011, 77% of the homes in Cranbourne East were owner-occupied compared with 76.7% in 2016.

Cranbourne East has 10,541 properties. Over the last 5 years, Houses in Cranbourne East have seen a 31.02% increase in median value, while Units have seen a 25.62% increase. As at 31 October 2024:

  • The median value for Houses in Cranbourne East is $752,151 while the median value for Units is $496,163.
  • Houses have a median rent of $570 while Units have a median rent of $510.
There are currently 110 properties listed for sale, and 30 properties listed for rent in Cranbourne east on OnTheHouse. According to CoreLogic's data, 403 properties were sold in the past 12 months in Cranbourne east.

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George Bornyan
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