14 Campbell Parade, Cranbourne VIC 3977

14 Campbell Parade, Cranbourne VIC 3977
3-bed 1-bath 2-car detached | family-oriented Cranbourne stock | upper-mid house price band | typical suburban lot | broad buyer appeal This property is positioned as a standard detached family house within a suburb dominated by separate dwellings. Its three-bedroom, one-bathroom configuration is aligned with the typical Cranbourne dwelling profile, where an average of 3.2 bedrooms is expected. The two-car accommodation adds practical appeal for owner-occupiers and first-home buyers who prioritise parking and low-maintenance outdoor space. Being a house, floor level is not a consideration, and the property is likely to be served by a conventional public school catchment, supporting its suitability for families. It is best suited to buyers seeking a straightforward suburban purchase in a liquid market, where demand is consistent and resale prospects are realistic. The property’s value may be influenced by the condition of its kitchen and bathroom, as no upgrade history has been confirmed. The size and shape of the land, along with any easements or overlays, might affect its appeal and future extension potential. Orientation and aspect could also play a part in energy efficiency and outdoor usability. While the suburb’s growth corridor context is favourable, specific development impacts cannot be verified at this address. These factors may be key when forming a view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 14 Campbell Parade, Cranbourne VIC 3977
Checks found:
Value Risk ✕ 2
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ! 1
Execution Risk ✓
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Market Insight

Cranbourne, a family-oriented south-east Melbourne suburb, sees demand from working households with mortgages; most residents work in trades. House prices sit around $706k with annual growth near 7%, while units average $513k growing at a similar pace. Stock moves quickly, with houses selling in 18-27 days. Rents are firm: houses around $520-$550 weekly, units near $480, producing gross yields of 4.09% for houses and 4.7-4.88% for units. Sales volume of roughly 420 houses annually reflects a liquid market. The high share of mortgaged owners suggests sensitivity to rate movements, a key constraint absent other supply data.
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PropCred Estimated Value

Comparable Sales: 59 Sladen Street, $668,000 | Property Price Band: $600K–$700K | Value Drivers: condition, layout, presentation

Bedrooms

3

Bathroom

1

Parking

2

Land

586m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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