212 Alisma Boulevard, Cranbourne North VIC 3977
212 Alisma Boulevard, Cranbourne North VIC 3977
4 bed 2 bath 2 car | family-estate norm | school catchment | dual living zones | ground-level modern build
This house sits squarely in the strongest demand band for Cranbourne North family housing. The four-bedroom, two-living-zone layout with a master suite separated from the secondary bedrooms suits growing families who need both shared space and private retreats. Being within walking distance of Tulliallan Primary School and close to Alkira Secondary College adds genuine everyday convenience, while the alfresco and low-maintenance yard keep outdoor living practical without demanding heavy upkeep. Ducted heating and evaporative cooling cover seasonal comfort, and the double garage with internal access is the kind of feature families expect in this price range. This property serves owner-occupiers prioritising school access and functional family space over prestige finishes or oversized land.
The value picture here is shaped by how this house compares to the street’s core 4/2/2 template. It aligns closely with the typical family configuration, which means pricing will likely follow the established band for standard homes on this street rather than reaching premium levels. The absence of a confirmed land size or build year means buyers should verify these details during inspection, as they materially affect how the property stacks against comparable sales. The secondary living area and master ensuite are positive differentiators, but the lack of premium upgrades like stone benchtops or solar panels may keep it mid-range rather than top-tier. The 2022 sale recency suggests the current condition reflects modern construction standards, which supports confidence in ongoing liveability.
|| Comparable Sales: 60 Alisma Boulevard sold at $675,000; 128 Alisma Boulevard sold at $785,000 | Property Price Band: $650K–$750K | Value Drivers: school proximity, dual living zones, modern build condition
Detailed Independent Property Report prepared by PropCred Analyst team for 212 Alisma Boulevard, Cranbourne North VIC 3977
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Cranbourne North is an established south-eastern growth corridor suburb with a strong owner-occupier base (73.6%) and a young demographic skew: residents aged 20–39 dominate, families make up 52.5%, and most households fall into middle-to-upper income brackets. That profile, dominated by professionals and trades, underpins steady demand for affordable family housing. House prices sit at a median of roughly $761,000–$793,000 depending on the source, with annual growth between 5.6% and 7.7%; REIV’s latest quarterly figure shows a 4.6% lift. Units are tighter: medians range from $530,000 to $564,000, with growth as high as 10.5% annually. Houses sell in 20–32 days per agency data, though Boomscore’s 87-day average suggests some listings linger well beyond the Victorian norm. Rents are $580–$590 weekly for houses and $450–$520 for units, delivering gross yields of 4.04% and 4.91% respectively. Annual house turnover is steady at 402–418 sales. No explicit demand-driver or supply data was provided, but the primary constraint is the slower sell-time indicator, which warrants caution despite otherwise firm price momentum.
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PropCred Estimated Value
Comparable Sales: 60 Alisma Boulevard sold at $675,000; 128 Alisma Boulevard sold at $785,000 | Property Price Band: $650K–$750K | Value Drivers: school proximity, dual living zones, modern build condition
Bedrooms
4
Bathroom
2
Parking
2
Land
406m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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