Melbourne’s outer east still represents one of the best places for people to find their first home and start the climb up the property ladder. With median house prices in Victoria and New South Wales growing, entering the property market for both first home buyers, and new investors looking to start their investment portfolio, buying in suburbs like Cranbourne is extremely powerful for creating wealth into the future.
If you are interested in adding Cranbourne to your new home consideration list, we have condensed your search, making it easier than ever to compare house and land packages in Cranbourne.
Why You Should Consider House and Land Packages in Cranbourne
Cranbourne is one of a handful of suburbs in Melbourne that still have relatively cheap land available, and new areas such as Cranbourne east are quickly filling up as more people discover the Cranbourne house and land opportunities that are available.
The older township of Cranbourne is a well-established suburb, while still retaining some of that original village feel and containing nearly all major stores.
There are also plenty of transport options, with the freeways very close by to take you to the city, and offering much shorter commute times to the CBD than further out suburbs such as Pakenham. Cranbourne also has bus services from most estates to the train station for an easy commute option, and these are being expanded on each year to accommodate the growing population.
The lifestyle possibilities in Cranbourne are also great, with easy access to beaches in Frankston and along the Mornington Peninsula. Living in a location that allows you to make the most of city living, while still close to the beautiful and in demand Mornington Peninsula is an exciting position to be in. There is also fishing close by on Westernport Bay, just off the coast of Hastings which is great for weekend outings. Another highlight of the area is the Royal Botanic Gardens in Cranbourne, which also features great play areas for the kids, cafes and sculpture.
There is new land opening up constantly in Cranbourne, but this is also starting to slow down as the best locations are utilised. This means that the time to get into the area is now, before competition for land starts to drive prices up. Areas like this can see rapid growth in property prices as the location becomes more established, making it a far greater investment opportunity or chance at making a significant gain when you look to move properties again in the future.
The surrounding suburbs around Cranbourne also offer many opportunities to find the ideal house and land for you. Suburbs such as Clyde and Lyndhurst still have land opening up, in estates such as Highgrove, Eliston and Belmont.
How Do I Get Into The Property Market?
Cranbourne House & Land Opportunities are plentiful, and we highly recommend looking through the selection of properties available on iBuildnew. We not only allow you to find the ideal builder for your dream home, we now also have selected house and land packages available in some of the best locations.
The area not only provides opportunities for home buyers, but also savvy investors looking to add real estate to their portfolio’s. Rentals in these areas are in high demand, and property prices are set to continue to rise over the coming years. Those people that are looking to invest in real estate, but can’t quite find that ideal ground floor opportunity should consider suburbs like Cranbourne as the ideal starting location for their real estate empires and financial security.
At iBuildnew, we understand that there are concerns with housing affordability for people at all stages of the property cycle, and we are working with builders and estates to provide opportunities for prospective homeowners and investors alike to get an ideal property for their needs. If you would like to speak to one of our expert consultants, who can discuss the possibilities for you, make sure you call us on 1800 184 284 or book a call now.