14 Fig Court, Cranbourne North VIC 3977

| Court position | limited supply of house style | recent sale history showing price growth | cautious around current listing price A buyer should examine the cost of this property through its price position and risk mechanisms. The current listing range sits above the most recent sale of $665,000 in March 2021; a premium that reflects Cranbourne North’s median house increase but also a specific market segment—houses on larger lots with a court location. The opportunity is that well-maintained houses on quiet no-through roads attract owner-occupiers willing to pay above the suburb average for lower turnover. The judgment: this property can be held as a long-term residence with moderate capital growth, but a buyer entering near the top of the current range accepts a thinner margin for short-term appreciation. The buying case rests on the house’s structural advantages—316 m² building size on a 745 m² lot provides low site coverage and room for extensions or landscaping, which is rare in new developments. The court position with 95% owner-occupancy on Fig Court indicates stable neighbours and low rental turnover, a feature that suits a family seeking predictable community conditions. The property serves best a buyer who values space and is prepared to hold for five to seven years, as the immediate market does not support quick resale profit. To move forward, a buyer should compare this property against similar recent sales in the immediate estate and factor in the cost of any upgrades the house may need, then form a walk-away price no less than 10% below the top of the listing range. | Date | Sale Method | Price | Inference | |——|————-|——-|———–| | Mar 2021 | Private Treaty | $665,000 | This sale established a base that has since appreciated in line with suburb median growth. The current listing range suggests an expectation of a further 13–24% increase, which requires careful confirmation through recent comparable transactions. |