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 December 2018 Quarter. Click here for details.

Median Sale Price

$473k

Metro Melbourne

$797k

Quarterly Price Change

-10%

Metro Melbourne

-3.7%

Median Rent

$350

Metro Melbourne

$450

Rental Yield

3.4%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 45.1%
Days on Market 29 42
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $870,000
3 Bedrooms $522,500 $733,000
4 Bedrooms $625,000 $878,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $490
3 Bedrooms $340 $420
4 Bedrooms $410 $480

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

Median Sale Price

$398k

Metro Melbourne

$597k

Annual Price Change

10.4%

Metro Melbourne

1.8%

Median Rent

$330

Metro Melbourne

$420

Rental Yield

4.3%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 45.1%
Days on Market 29 42
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms $382,500 $571,000
3 Bedrooms $440,000 $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $370
2 Bedrooms $310 $440
3 Bedrooms $355 $521

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