109 Bourbon Road, Cranbourne East VIC 3977
109 Bourbon Road, Cranbourne East VIC 3977
This is a titled 4-bedroom, 2-bathroom house on 331 square metres, with 2 car spaces. It is a new build sold off the plan in Cranbourne East, a growth corridor suburb.
This property is competitively positioned as an affordable entry into a new build in a high-demand growth corridor. Its configuration is standard for the area but the 331 square metre lot is slightly larger than many neighbouring new lots, offering a practical outdoor space without the maintenance of a bigger block. The property suits first-home buyers and investors seeking a modern, low-maintenance house with strong rental appeal. Its location within a new estate means consistent neighbourhood character and modern infrastructure, though the suburb is still maturing in terms of established amenities and mature landscaping.
The value of this property may be influenced by its position within a newer estate where surrounding development is ongoing, which can affect street appeal and perceived privacy until the area fully builds out. The discrepancy between the sold record showing one car space and the listing showing two could indicate a design change or an error, and a buyer should confirm the actual garage configuration. Rental demand is strong for this type of property in the area, which supports its investment viability, but the distance from the CBD and reliance on car travel are real constraints for some buyers.
Detailed Independent Property Report prepared by PropCred Analyst team for 109 Bourbon Road, Cranbourne East VIC 3977
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
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Market Insight
Cranbourne East is a family-focused suburb experiencing robust demand, primarily driven by trades professionals seeking affordable housing. The market is characterised by strong house price growth and rapid sales, indicating high buyer competition. Future growth is supported by its relative affordability and established community appeal. However, the unit market presents a key risk, demonstrating very low sales activity and limited investor interest, which could constrain broader capital growth.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
331m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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