Cranbourne West, VIC 3977
Compare Part of Casey
41.53 km
Distance from Melbourne CBD
37 k
Population
Auction Times
Sun 17 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 69 Bradman Drive 4 2 2 House | 12:00 PM Sun 17th Nov | Family Realtors |
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $285,000 | 0.0% | $240,000 | $340,000 | 55 |
| 2010 | $341,000 | +16.4% | $265,000 | $1,475,000 | 128 |
| 2011 | $322,500 | -5.7% | $218,000 | $655,000 | 72 |
| 2012 | $327,000 | +1.4% | $240,000 | $784,900 | 94 |
| 2013 | $320,000 | -2.2% | $115,000 | $853,000 | 184 |
| 2014 | $348,000 | +8.0% | $147,000 | $575,000 | 205 |
| 2015 | $372,000 | +6.5% | $260,000 | $677,500 | 282 |
| 2016 | $415,000 | +10.4% | $275,000 | $870,000 | 272 |
| 2017 | $517,250 | +19.8% | $330,000 | $915,000 | 324 |
| 2018 | $542,000 | +4.6% | $385,000 | $890,000 | 263 |
| 2019 | $520,000 | -4.2% | $350,000 | $845,000 | 275 |
| 2020 | $555,000 | +6.3% | $350,000 | $1,000,001 | 237 |
| 2021 | $639,000 | +13.1% | $425,000 | $1,093,000 | 387 |
| 2022 | $688,250 | +7.2% | $440,000 | $1,360,000 | 326 |
| 2023 | $680,000 | -1.2% | $480,000 | $6,350,000 | 299 |
| 2024 | $700,000 | +2.9% | $435,000 | $1,290,000 | 253 |
Median Sale Price
$700K
Based on 282 recorded sales within the last 12 months
Updated on 13 Nov 2024
Suburb Growth
+2.9%
Current Median Price: $700,000
Previous Median Price: $680,000
Based on 587 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $330 | 0.0% | $235 | $420 | 58 |
| 2012 | $330 | 0.0% | $225 | $369,000 | 73 |
| 2013 | $340 | +2.9% | $265 | $600 | 163 |
| 2014 | $350 | +2.9% | $260 | $520 | 247 |
| 2015 | $350 | 0.0% | $270 | $550 | 236 |
| 2016 | $370 | +5.4% | $279 | $565 | 230 |
| 2017 | $380 | +2.6% | $230 | $650 | 298 |
| 2018 | $390 | +2.6% | $290 | $580 | 281 |
| 2019 | $395 | +1.3% | $285 | $650 | 264 |
| 2020 | $400 | +1.3% | $285 | $650 | 193 |
| 2021 | $420 | +4.8% | $320 | $895 | 227 |
| 2022 | $450 | +6.7% | $340 | $690 | 221 |
| 2023 | $520 | +13.5% | $395 | $790 | 235 |
| 2024 | $560 | +7.1% | $420 | $800 | 193 |
Median Rent Price
$555
per week
Based on 227 recorded rent within the last 12 months
Updated on 13 Nov 2024
Rent Price Growth
+9.9%
Current Median Rent: $555
Previous Median Rent: $500
Based on 467 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.1%
Current Median Price: $700,000
Current Median rent: $555
Based on 509 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Cranbourne West
Houses sold in Last 12 months ends 9 Nov 2024
$720K
Median Sale Price
43%
Clearance Rate
3/7
Sold/Reported
$720K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $600 K - $800 K (Median Price Range) | 2 | |
Similar Suburbs to Cranbourne West 3977
Based on median house sale price sold in last 12 months
Schools closest to Cranbourne West, VIC 3977
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Peter's College | CRANBOURNE-FRANKSTON ROADCranbourne 3977 | Secondary | Catholic | 0.46 km |
| Haileybury CollegeTop 10 | Berwick 3806 | Combined | Independent | 0.85 km |
| Cranbourne West Primary School | 110 DUFF STREETCranbourne 3977 | Primary | Government | 1.55 km |