Cranbourne East, VIC 3977

Cranbourne East, VIC 3977

Compare Part of Casey

45.12 km
Distance from CBD
37 k
Population

Auction Times

Sat 30 Mar
Auction Time Agency
52 Cortula Road
3 2 2 House
3:30 PM
Sat 30th Mar
LJ Hooker
Median Sale Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$319,000
0.0% $242,000 $660,000 74
2010
$368,000
+13.3% $75,000 $1,010,000 174
2011
$366,000
-0.5% $285,000 $670,000 81
2012
$365,000
-0.3% $170,000 $1,000,000 112
2013
$395,000
+7.6% $69,114 $926,000 185
2014
$405,000
+2.5% $163,000 $3,517,974 214
2015
$438,000
+7.5% $191,000 $1,250,000 256
2016
$467,391
+6.3% $8,182 $1,675,000 350
2017
$540,000
+13.4% $69,114 $2,500,000 344
2018
$575,000
+6.1% $400,000 $900,000 272
2019
$559,000
-2.9% $399,350 $1,600,000 278
2020
$581,000
+3.8% $412,000 $2,450,000 277
2021
$660,000
+12.0% $440,000 $2,070,000 414
2022
$717,500
+8.0% $495,900 $4,300,000 327
2023
$715,000
-0.3% $498,000 $2,300,000 320
2024
$730,000
+2.1% $500,000 $1,350,000 92
Median Sale Price
$723K
Based on 344 recorded sales within the last 12 months
Updated on 29 Mar 2024
Suburb Growth
+1.8%
Current Median Price: $723,000
Previous Median Price: $710,000
Based on 645 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2024)
Price Range Segments (12 months ending Feb 2024)
Median Weekly Rent Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$380
0.0% $200 $698 106
2012
$370
-2.7% $280 $500 129
2013
$380
+2.6% $280 $600 164
2014
$380
0.0% $290 $590 283
2015
$380
0.0% $295 $580 332
2016
$400
+5.0% $279 $650 359
2017
$400
0.0% $290 $650 460
2018
$400
0.0% $250 $660 393
2019
$400
0.0% $320 $1,738 405
2020
$410
+2.4% $350 $620 320
2021
$440
+6.8% $350 $652 314
2022
$470
+6.4% $240 $950 323
2023
$525
+10.5% $400 $1,000 351
2024
$550
+4.5% $230 $1,500 54
Median Rent Price
$540
per week
Based on 308 recorded rent within the last 12 months
Updated on 29 Mar 2024
Rent Price Growth
+10.2%
Current Median Rent: $540
Previous Median Rent: $485
Based on 646 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $723,000
Current Median rent: $540
Based on 652 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 2024)

Auction Results For Cranbourne East

Houses sold in Last 12 months ends 23 Mar 2024

$721K

Median Sale Price

90%

Clearance Rate

35/39

Sold/Reported

$1.06M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1 M - $1.2 M 1
$800 K - $1 M 3
$600 K - $800 K
(Median Price Range)
27
$400 K - $600 K 4

Schools closest to Cranbourne East, VIC 3977

School name Address Type Sector Distance
Cranbourne East Primary School 2 BOWYER AVENUECranbourne East 3977 Primary Government 1.36 km
Casey Grammar School 3 NEW HOLLAND DRIVECRANBOURNE EAST 3977 Combined Independent 1.29 km
Cranbourne East Secondary College 50 STATELY DRIVECranbourne East 3977 Secondary Government 1.46 km
Cranbourne Primary School BAKEWELL STREETCranbourne 3977 Primary Government 1.47 km
Clyde Primary School OROYA GROVEClyde 3978 Primary Government 1.48 km
Cranbourne Secondary College STAWELL STREETCranbourne 3977 Secondary Government 1.88 km