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Location

Market Insights for Cranbourne North VIC 3977

New Listings (last 30 days)

154

Average price

$893,691

Lowest price

$499,950

Highest price

$5,400,000

16 Phillip Court, Cranbourne North VIC 3977

$690,000 - $750,000

Search Band

$690k - $725k Transparent Based on an openly advertised listing price.

House 3 beds 1 bath 2 cars 850 m²

Listed: 30 days ago

Overview

This three-bedroom residence is nestled on a substantial 850 square metre plot, offering a rare blend of immediate livability and long-term potential in the evolving Cranbourne North area. This property appeals especially to investors, renovators, and developers seeking a foundation on which to build future value.

Inside, the home is thoughtfully arranged with two generous living areas providing versatility for family routines and entertaining guests. The central kitchen serves as a functional hub, complementing the home's practical layout. Additional features include built-in wardrobes for organized storage, a separate laundry area for convenience, and a large covered patio that extends the living space outdoors, ideal for al fresco dining or relaxing in all seasons.

Situated close to essential amenities such as schools, shopping centers, transport links, and parks, this property balances everyday convenience with the quiet appeal of suburban life. The considerable land size lends itself to possibilities for expansion or redevelopment, subject to council approval, making it a valuable proposition for those looking to capitalize on the growth and development opportunities in this locale.

Whether you are an investor targeting solid rental returns, a renovator ready to modernize and personalize a home, or a developer envisioning a new project, this property presents a worthwhile opportunity to make a strategic move in a sought-after suburb.

Local Market Insights

In Cranbourne North, Quiet Listings observed 154 new houses entering the market over the last 30 days, up from 143 during the previous 30-day period, with an average advertised asking price of $893,691. The property type mix of listed properties is predominantly Houses at 84%, followed by townhouses (6%), and land (4%). The most active agency for houses in the Cranbourne North area is currently OBrien Real Estate, representing 30% of new listings, followed by Ray White with 12%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.