Cranbourne VIC 3977, Australia
Also written as Unit 1, 5 Fairfield Street.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 27 Nov 1997 | $75,000 | — |
| Sale | 15 Sep 1990 | $91,000 | — |
| Sale | 5 Aug 1983 | $39,000 | — |
| Sale | 18 May 1983 | $36,000 | — |
The property is located in Cranbourne, which lies about 43 km south‑east of Melbourne’s CBD. The drive typically takes around 45‑50 minutes depending on traffic
Cranbourne railway station is just 0.2 km away, providing train services on the Cranbourne line. The suburb is also well served by multiple bus routes, and future extensions of the rail line have been proposed
Cranbourne enjoys an oceanic climate with mild, relatively dry summers, average maximum around 25.8 °C in February, and cooler, wetter winters, average maximum about 13.4 °C in July. Annual rainfall averages roughly 810 mm over 182 days of precipitation
The nearby Thompson Parkway Shopping Centre (anchored by Woolworths) and the Cranbourne Park Shopping Centre (with Coles, Kmart, Target and more) are both within the suburb, offering a wide range of retail and grocery options a short drive or walk away
Cranbourne hosts numerous facilities, including Australian football and cricket ovals, rugby fields, tennis courts at several clubs, two golf courses (Cranbourne Golf Club and Ranfurlie Golf Club), and a large indoor leisure complex with basketball and netball courts. There are also horse‑riding areas, a racing centre, lawn bowls clubs and a BMX skate park
At the 2021 census, Cranbourne recorded a population of 21,281 residents. The suburb is culturally diverse, with around 62 % born in Australia and notable communities from India, England, New Zealand and other countries
The Stevensons Brothers Industries landfill in Cranbourne has been the subject of odour complaints, leading to legal action by EPA Victoria for alleged failures to meet environmental duties. The issue has prompted community concern and regulatory attention
The property is a unit situated on a 241 m² land parcel, offering two bedrooms, one bathroom and a single parking space. It provides a compact, low‑maintenance lifestyle within close proximity to local amenities
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