Market snapshot

Suburb insights for Cranbourne West3977

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Cranbourne West is located 41 km south-east of the CBD. Cranbourne West is located on the fringe of Melbourne's south-east combining new residential subdivsions with older rural residential areas. Like many new growth suburbs Cranbourne West is dominated by young families. It is a suburb that will grow significantly in the future. Cranbourne West also features the Royal Botanic Gardens Cranbourne and the Cranbourne Equine Hospital.

Sales data

Median sale price
$710k
Quarterly price change
-0.4%
Metro Melbourne Comparison
$924k
0.4%
BedroomsCranbourne WestMetro comparison
2-$890,000
3$648,500$815,000
4$796,500$950,000
InsightCranbourne WestMetro comparison
Clearance rate79.5%
Days on market3839

Rental data

Median weekly rent
$585
Rental yield
4.3%
Metro Melbourne Comparison
$580
3.3%
BedroomsCranbourne WestMetro comparison
2-$580
3$550$550
4$630$600
Median data for the current quarter
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