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 |
|---|---|---|---|---|---|---|---|
| 3/60 Fairbairn Rd, Cranbourne | 3 |  | Unit | Auction Sale | 10/07/2026 | Raine & Horne Cranbourne | View |
| 12 Cupit St, Cranbourne | 4 |  | House | Private Sale | 1/07/2026 | Your Expert Real Estate | View |
Sales data
Median sale price
$720k
Quarterly price change
-1.4%
Metro Melbourne Comparison
$953k
-3.1%
| Bedrooms | Cranbourne | Metro comparison |
|---|---|---|
| 2 | $556,250 | $950,000 |
| 3 | $695,000 | $872,000 |
| 4 | $808,500 | $990,000 |
| Insight | Cranbourne | Metro comparison |
|---|---|---|
| Clearance rate | 68.8% | |
| Days on market | 27 | 42 |
Rental data
Median weekly rent
$550
Rental yield
4%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Cranbourne | Metro comparison |
|---|---|---|
| 2 | $480 | $600 |
| 3 | $530 | $560 |
| 4 | $600 | $600 |
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