Cranbourne South, VIC 3977
Compare Part of Casey
43.52 km
Distance from Melbourne CBD
37 k
Population
Median Sale Price
House
-
Updated on Apr 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $525,000 | 0.0% | $180,000 | $860,000 | 41 |
| 2010 | $534,721 | +1.8% | $362,000 | $1,400,000 | 53 |
| 2011 | $675,000 | +20.8% | $550,000 | $820,000 | 11 |
| 2012 | $540,888 | -24.8% | $434,150 | $1,260,000 | 24 |
| 2013 | $800,000 | +32.4% | $370,000 | $1,160,000 | 17 |
| 2014 | $780,000 | -2.6% | $455,000 | $2,100,000 | 10 |
| 2015 | $840,000 | +7.1% | $620,000 | $1,600,000 | 10 |
| 2016 | $841,650 | +0.2% | $555,000 | $1,285,000 | 7 |
| 2017 | $1,100,000 | +23.5% | $599,999 | $1,380,000 | 10 |
| 2018 | $1,320,002 | +16.7% | $553,864 | $1,700,000 | 11 |
| 2019 | $980,000 | -34.7% | $534,900 | $1,300,000 | 10 |
| 2020 | $650,000 | -50.8% | $520,000 | $1,400,000 | 28 |
| 2021 | $780,000 | +16.7% | $601,000 | $5,210,000 | 36 |
| 2022 | $845,000 | +7.7% | $590,000 | $1,800,000 | 35 |
| 2023 | $755,000 | -11.9% | $528,500 | $1,900,000 | 51 |
| 2024 | $830,000 | +9.0% | $580,000 | $1,725,000 | 24 |
Median Sale Price
$780K
Based on 52 recorded sales within the last 12 months
Updated on 29 Jun 2024
Suburb Growth
+2.6%
Current Median Price: $780,000
Previous Median Price: $760,000
Based on 90 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2024)
Price Range Segments (12 months ending May 2024)
Median Weekly Rent Price
House
-
Updated on Apr 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $450 | 0.0% | $420 | $580 | 8 |
| 2012 | $475 | +5.3% | $380 | $630 | 17 |
| 2013 | $450 | -5.6% | $220 | $800 | 21 |
| 2014 | $480 | +6.3% | $350 | $2,000 | 11 |
| 2015 | $600 | +20.0% | $330 | $780 | 10 |
| 2016 | $680 | +11.8% | $420 | $900 | 6 |
| 2017 | $500 | -36.0% | $480 | $680 | 3 |
| 2018 | $510 | +2.0% | $340 | $720 | 6 |
| 2019 | $490 | -4.1% | $400 | $900 | 15 |
| 2020 | $500 | +2.0% | $400 | $990 | 38 |
| 2021 | $500 | 0.0% | $385 | $1,250 | 27 |
| 2022 | $550 | +9.1% | $390 | $1,370 | 56 |
| 2023 | $580 | +5.2% | $420 | $1,000 | 48 |
| 2024 | $600 | +3.3% | $340 | $1,000 | 20 |
Median Rent Price
$580
per week
Based on 45 recorded rent within the last 12 months
Updated on 29 Jun 2024
Rent Price Growth
+5.2%
Current Median Rent: $580
Previous Median Rent: $550
Based on 100 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $780,000
Current Median rent: $580
Based on 97 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2024)
Auction Results For Cranbourne South
Houses sold in Last 12 months ends 22 Jun 2024
$0M
Median Sale Price
0%
Clearance Rate
0/1
Sold/Reported
$0M
Highest Sale Price
Schools closest to Cranbourne South, VIC 3977
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Cranbourne South Primary School | PEARCEDALE ROADCranbourne South 3977 | Primary | Government | 1.67 km |