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.

Recent sales and auction results in Cranbourne West

AddressBedroomsPriceTypeMethodSale DateAgentListing
5 Queensberry St, Cranbourne west3PriceHousePassed in at Auction2/05/2025Harcourts ASAP

Sales data

Median sale price
$715k
Quarterly price change
1.9%
Metro Melbourne Comparison
$923k
2.7%
BedroomsCranbourne WestMetro comparison
2-$881,200
3$640,000$810,000
4$777,500$942,350
InsightCranbourne WestMetro comparison
Clearance rate78.5%
Days on market3842

Rental data

Median weekly rent
$570
Rental yield
4.2%
Metro Melbourne Comparison
$580
3.3%
BedroomsCranbourne WestMetro comparison
2-$580
3$550$550
4$620$600
Median data for the current quarter
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