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2/23 William Street, Cranbourne$510,000

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2/23 William Street

Cranbourne, VIC 3977, Australia

$490,000 – $530,000

2 bed 1 bath 1 car163 m²

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About this property

Investor Opportunity with Strong Rental Return No body corporate and just $720/year in insurance Welcome to 2/23 William Street, Cranbourne - a well-maintained, low-maintenance two-bedroom home offering an outstanding opportunity for investors. Secure Investment - Tenanted Property Currently leased at $435 per week with tenants in place until 2027, providing immediate rental income and long-term security for investors. Property Features: Two spacious bedrooms filled with natural light Central, functional bathroom Open-plan living and dining area with a warm, inviting feel Well-equipped kitchen with essential appliances Low-maintenance backyard - perfect for hassle-free upkeep Single garage for secure parking and added storage This property is ideally located in a peaceful yet convenient pocket, close to schools, shops, parks, and public transport - ensuring strong ongoing tenant demand. Whether you're looking to expand your portfolio with a set-and-forget investment or secure a smart buy in a high-demand area, this property ticks all the boxes.

Property Details

Property Type: house
Listing Type: For Sale
Bedrooms: 2
Bathrooms: 1
Parking: 1
Land Area: 163 m²
Listed: 1 month ago

Repayment calculator

$2,472/month

$1,236 /fortnight

Loan $408,000 at 6.10% over 30 years

Upfront costs

Deposit$102,000

Stamp duty$25,670

Conveyancing (est.)$2,000

Total upfront$129,670

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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Cranbourne

This 2-bedroom house in Cranbourne, VIC 3977 sits within reach of public transport, local shops and nearby schools. It is listed 29% below the $717,500 median of 61 comparable houseswithin 5 km.

Schools near Cranbourne

Lighthouse Christian College Cranbournecombined · Prep-12 · CoEd
Cranbourne Carlisle Primary Schoolprimary · Prep-6 · CoEd
Cranbourne Park Primary Schoolprimary · Prep-6 · CoEd
Cranbourne Primary Schoolprimary · Prep-6 · CoEd
Cranbourne West Primary Schoolprimary · Prep-6 · CoEd
Rangebank Primary Schoolprimary · Prep-6 · CoEd

What's nearby

Cranbourne 2 (train) — 302 m away
Hyundai Cranbourne (Cranbourne Motors) — 163 m away
Unnamed — 386 m away
Unnamed — 503 m away
Ruffy Drive Reserve — 552 m away

Cranbourne at a glance

Full suburb profile

Population: 21,281
Median age: 35
Household income: $1,477/wk
Median rent: $342/wk
Median mortgage: $1,627/mo

Source: ABS Census.

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