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 June 2018 Quarter. Click here for details.

Median Sale Price

$540k

Metro Melbourne

$840k

Quarterly Price Change

-1.8%

Metro Melbourne

-0.6%

Median Rent

$350

Metro Melbourne

$440

Rental Yield

3.4%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 60.6%
Days on Market 26 35
Median price by Bedrooms Suburb Metro
2 Bedrooms $442,500 $900,000
3 Bedrooms $526,000 $740,000
4 Bedrooms $605,000 $870,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $466
3 Bedrooms $345 $410
4 Bedrooms $400 $470

Median data for June 2018 Quarter. Click here for details.

Median Sale Price

$385k

Metro Melbourne

$604k

Quarterly Price Change

-7.8%

Metro Melbourne

0.5%

Median Rent

$310

Metro Melbourne

$420

Rental Yield

4.1%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 60.6%
Days on Market 26 35
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $376,000
2 Bedrooms $372,000 $570,000
3 Bedrooms $435,000 $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $360
2 Bedrooms $310 $430
3 Bedrooms $305 $515

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