149 Courtenay Avenue, Cranbourne North VIC 3977
149 Courtenay Avenue, Cranbourne North VIC 3977
4 bed | 2 bath | 2 car | built 1992 | GRZ1 | 222mยฒ building | 40m elevation
This is a solidly built 1990s detached family house on a standard residential lot, sitting within a mature estate pocket of Cranbourne North. Its four-bedroom, two-bathroom configuration with two car spaces is the suburbโs mainstream family offering, and the General Residential Zone Schedule 1 classification supports established housing without high-density pressure. The 222-square-metre building footprint and 40-metre ground elevation are ordinary but functional, making this property best suited to owner-occupier families or investors seeking steady rental demand from larger households.
Value may be influenced by the propertyโs 1992 construction age and the absence of a confirmed land area, which could narrow appeal if the lot proves smaller than typical for the era. The 42% building coverage and 5-metre roof height are standard, but unverified features such as heating and a shed carry no confirmed quality. A buyer should weigh the propertyโs mainstream positioning against the risk that its price expectation has moved materially since the last settled sale record, without assuming future growth.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 149 Courtenay Avenue, Cranbourne North VIC 3977
Market Insight:
Cranbourne North presents as a robust, family-oriented suburb with strong owner-occupier appeal, driven by a young demographic of professionals and tradespeople. This established demand underpins a consistently firm market, with both houses and units demonstrating solid capital appreciation and competitive rental yields. Recent sales activity is healthy, indicating sustained buyer interest. Future growth is supported by this demographic foundation, though the market’s pace may be moderated by its established nature and typical suburban supply dynamics.