Market snapshot
Suburb insights for Cranbourne West3977
Change suburbCranbourne West is a rapidly expanding residential area popular with families and investors. It offers modern housing, new schools, parks, and direct access to Thompsons Road and Evans Road, linking to major highways and neighbouring suburbs. It’s a key part of one of the city's fastest-growing development corridors.
Sales data
Median sale price
$800k
Quarterly price change
6%
Metro Melbourne Comparison
$992k
1.9%
| Bedrooms | Cranbourne West | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $681,500 | $863,000 |
| 4 | $815,000 | $980,500 |
| Insight | Cranbourne West | Metro comparison |
|---|---|---|
| Clearance rate | 74.9% | |
| Days on market | 32 | 37 |
Rental data
Median weekly rent
$580
Rental yield
4%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Cranbourne West | Metro comparison |
|---|---|---|
| 2 | - | $595 |
| 3 | $560 | $550 |
| 4 | $630 | $595 |
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