Market snapshot
Suburb insights for Cranbourne3977
Change suburbCranbourne, approximately 43 km southeast of the Melbourne CBD, is a large and well-established suburb that offers a mix of older homes and new estates. With a wide range of schools, shops, sporting clubs, and the Cranbourne Botanic Gardens, it serves as a central hub in the City of Casey, catering to a diverse and growing population.
Recent sales and auction results in Cranbourne
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 80 Cherryhills Dr, Cranbourne | 5 |  | House | Passed in at Auction | 20/02/2026 | All Avenues Real Estate | View |
| 138 Willow Glen Blvd, Cranbourne | 3 | | House | Private Sale | 6/02/2026 | Area Speciaist Rapid | View |
Sales data
Median sale price
$710k
Quarterly price change
-1.4%
Metro Melbourne Comparison
$974k
1.8%
| Bedrooms | Cranbourne | Metro comparison |
|---|---|---|
| 2 | $542,500 | $940,000 |
| 3 | $675,000 | $851,000 |
| 4 | $808,500 | $970,000 |
| Insight | Cranbourne | Metro comparison |
|---|---|---|
| Clearance rate | 76.9% | 77.8% |
| Days on market | 29 | 36 |
Rental data
Median weekly rent
$540
Rental yield
4%
Metro Melbourne Comparison
$580
3.2%
| Bedrooms | Cranbourne | Metro comparison |
|---|---|---|
| 2 | $470 | $585 |
| 3 | $520 | $550 |
| 4 | $610 | $600 |
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