Join Australia's most dynamic and respected property investment community

Cranbourne vs. Carrum Downs

Discussion in 'Where to Buy' started by Proper Property, 22nd Aug, 2016.

Tags:
  1. Proper Property

    Proper Property Active Member

    Joined:
    25th Jun, 2015
    Posts:
    29
    Location:
    NSW
    If you had to choose a suburb, would you be on Team Cranbourne or Team Carrum Downs and why?
     
  2. Cactus

    Cactus Well-Known Member

    Joined:
    18th Jan, 2016
    Posts:
    1,003
    Location:
    Melbourne
    Team Cranbourne North and let's hype the absolute **** out of it.




    Disclosure: I have two lots in CN. :oops:
     
    larrylarry and SOULFLY3 like this.
  3. hummel

    hummel New Member

    Joined:
    5th Dec, 2015
    Posts:
    3
    Location:
    Melbourne
    Can someone explain what it is about Cranbourne North that appeals?
     
  4. Otie

    Otie Well-Known Member

    Joined:
    26th Mar, 2016
    Posts:
    294
    Location:
    Vic
    Lol it's the only "good part" of Cranny!
    East is okay too in some parts I think
     
    Cactus likes this.
  5. Cactus

    Cactus Well-Known Member

    Joined:
    18th Jan, 2016
    Posts:
    1,003
    Location:
    Melbourne
    Buggerd if I know, I wouldn't live there, but I bought my two lots OTP at a good price at the time and twelve months on I still haven't had to settle and they are worth atleast $50k more each. Add the right house on and I'd get another $80k each.
     
    hummel likes this.
  6. larrylarry

    larrylarry Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,510
    Location:
    Sydney
    which estate? :)
     
  7. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    906
    Location:
    Melbourne
    Carrum Downs for sure. Some people beat fullylucky to building a temple in their backyard....


    The Y-man
     
  8. Cactus

    Cactus Well-Known Member

    Joined:
    18th Jan, 2016
    Posts:
    1,003
    Location:
    Melbourne
    Next to the Avenues...
     
  9. Coota9

    Coota9 Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    971
    Location:
    Melbourne
    Good luck trying to purchase something in Carrum Downs at the moment as its a very hot market with limited stock
     
  10. Proper Property

    Proper Property Active Member

    Joined:
    25th Jun, 2015
    Posts:
    29
    Location:
    NSW
    What if the property in Cranbourne was a more newer property on a good sized amount of land such as 500 square metres. What do you consider the pros and cons for both suburbs?
     
    WattleIdo likes this.
  11. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    906
    Location:
    Melbourne
    I'd go C Downs - closer to the water.

    The Y-man
     
    Chrispy likes this.
  12. alicudi

    alicudi Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    49
    Location:
    Melbourne, Australia
    Hi

    The best of what is on offer is Cranbourne South on acreage, some of these properties are very nice. This is followed by other newer parts of Cranbourne that are more so towards Clyde North, which is the usual new housing estates. The worst part of Cranbourne for me is the old part close to the main shopping strip..and other little pockets near Merinda Park train station.

    Carrum Downs for me is a better location as it is closer to Frankston and Dandenong so you can take advantages of the conveniences that those town centres can offer as well as been closer to the beach, if you are lucky enough you may even get stabbed....I know as I have lived in Frankston in the past!

    But all in all the whole lot of Cranbourne and Carrum Downs is an absolute **** hole, I should know as I just signed a contract to purchase a property in Carrum Downs late last week so god help me!

    But I have been to a couple of open for inspections over the past couple of months and believe me Carrum Downs is very hot at the moment and I just wonder if the residential properties in Carrum Downs are about to boom?

    Regards,

    alicudi
     
  13. Connor

    Connor Well-Known Member

    Joined:
    31st Aug, 2015
    Posts:
    142
    Location:
    Melbourne
    Carrum Downs has been a hot market since late last year and prices have been increasing steadily.
    It's still an affordable area tho, with mid to high 300's buying you a decent home. New estate house and lands will take you into the 400's.. If I was looking at CD, I'd buy north, close to Sandhurst, which is a beautiful estate/suburb.

    Cranbourne is a big place, divided into North West, South, East...and central which is the older area, but closest to the train station and shops/plaza. South has some nice estates and lots of $$ has gone into the building of some prestigious homes.. West is has the best access to arterial roads to the city, eastlink...
    Prices in Cranbourne have jumped considerably over the last 12 months, what was low 300's this time last year is now 370+...

    I think both markets have Abit more steam in them, but out of the 2 I think the northern part of CD is where I'd invest. Pay 430k for a new H&L or walk 5 min across Wedge rd to Sandhurst and pay 550k for the same thing..
     
  14. Barny

    Barny Well-Known Member

    Joined:
    16th Oct, 2015
    Posts:
    1,186
    Location:
    Melbourne
    Are you trying to buy at auction or private? Friend is also looking to buy there now but hasn't started the offer process as yet.
     
  15. Mick

    Mick Active Member

    Joined:
    19th Jul, 2016
    Posts:
    34
    Location:
    Frankston
    One big advantage of Carrum Downs over Cranbourne is the road and traffic situation. Trying to get to Cranbourne via Thompson or Hall Road during peak times is a nightmare. I've been stuck trying to cross Frankston-Dandenong Road for over 30 mins. My daughter is happy we convinced her to buy in Carrum Downs rather than Cranbourne just for the time and petrol she has saved not having to put up with daily traffic jams.
     
  16. Chrispy

    Chrispy Well-Known Member Premium Member

    Joined:
    21st Jun, 2015
    Posts:
    300
    Location:
    Melbourne
    +1 for Carrum Downs.
     
  17. AdamD

    AdamD New Member

    Joined:
    9th Aug, 2016
    Posts:
    2
    Location:
    Clayton
    What is the internet situation like in Carrum Downs, is it mostly ADSL? We are looking at either of these two options at the moment and Cranbourne West has NBN in its favour.
     
  18. alicudi

    alicudi Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    49
    Location:
    Melbourne, Australia
    Hi

    I can confirm that some parts of Carrum Downs do not have access to the NBN. I also "think" that all the new estates in Cranbourne West have the NBN.

    Give it a little while and I am sure the NBN will become available to many more areas.

    Regards,

    alicudi