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.

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Median data for March Quarter 2021. Click here for details.

Median Sale Price

$610k

Metro Melbourne

$1mil

Quarterly Price Change

16.7%

Metro Melbourne

8.8%

Median Rent

$350

Metro Melbourne

$480

Rental Yield

3.3%

Metro Melbourne

2.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 83.8%
Days on Market 22 36
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $930,000
3 Bedrooms $520,000 $810,000
4 Bedrooms $640,000 $990,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms $350 $450
4 Bedrooms $395 $500

Median data for March Quarter 2021. Click here for details.

Median Sale Price

$388k

Metro Melbourne

$645k

Annual Price Change

6.2%

Metro Melbourne

3.4%

Median Rent

$350

Metro Melbourne

$400

Rental Yield

4.7%

Metro Melbourne

3.2%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 83.8%
Days on Market 22 36
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $390,000
2 Bedrooms n/a $600,000
3 Bedrooms n/a $810,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $340
2 Bedrooms $325 $420
3 Bedrooms $375 $525

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