Profile for Cranbourne

3977

Cranbourne is located 43 km south-east of the CBD. Cranbourne is one of the older settlements located in the Melbourne's south-eastern growth corridor. It is the terminus of the suburban railway line from Dandenong and is the last major suburb on the South Gippsland Highway before reaching Gippsland. The suburb boasts a significant commercial area along High St including the Cranbourne Park Shopping Centre. Cranbourne also features the Cranbourne Racecourse and Recreation Reserve and the Amstel Golf Club.

Median data for September 2019 Quarter. Click here for details.

Median Sale Price

$490k

Metro Melbourne

$830k

Quarterly Price Change

1%

Metro Melbourne

4.5%

Median Rent

$350

Metro Melbourne

$451

Rental Yield

3.8%

Metro Melbourne

2.9%

Detailed statistics below to be updated soon for the September 2019 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 78.3%
Days on Market 42 33
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $845,000
3 Bedrooms $475,000 $720,000
4 Bedrooms $570,000 $853,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms $340 $430
4 Bedrooms $400 $480

Median data for September 2019 Quarter. Click here for details.

Median Sale Price

$364k

Metro Melbourne

$595k

Annual Price Change

-11.3%

Metro Melbourne

-0.4%

Median Rent

$320

Metro Melbourne

$430

Rental Yield

4.6%

Metro Melbourne

3.8%

Detailed statistics below to be updated soon for the September 2019 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 78.3%
Days on Market 42 33
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $364,500
2 Bedrooms $368,750 $560,000
3 Bedrooms n/a $750,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $370
2 Bedrooms $300 $445
3 Bedrooms $355 $530

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