Cranbourne, VIC 3977

Cranbourne, VIC 3977

Compare Part of Casey

42.59 km
Distance from CBD
37 k
Population
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
$278,000
 0.0% $133,333 $1,450,000 410
2010
$335,000
 +17.0% $106,000 $35,000,000 723
2011
$325,050
 -3.1% $216,000 $795,000 550
2012
$318,000
 -2.2% $145,000 $730,000 424
2013
$325,000
 +2.2% $203,000 $790,000 417
2014
$340,000
 +4.4% $195,000 $2,300,000 363
2015
$358,000
 +5.0% $110,000 $820,000 338
2016
$410,000
 +12.7% $215,000 $755,000 336
2017
$520,000
 +21.2% $150,000 $1,280,000 369
2018
$536,000
 +3.0% $350,000 $960,000 288
2019
$500,000
 -7.2% $330,000 $1,275,000 261
2020
$520,000
 +3.8% $315,000 $1,080,000 241
2021
$613,000
 +15.2% $360,000 $1,400,000 397
2022
$669,000
 +8.4% $381,250 $1,700,000 342
2023
$660,000
 -1.4% $426,000 $1,420,000 280
2024
$670,000
 +1.5% $410,000 $1,825,000 283
Median Sale Price
$667K
Based on 323 recorded sales within the last 12 months
Updated on 5 Nov 2024
Suburb Growth
+1.0%
Current Median Price: $666,500
Previous Median Price: $660,000
Based on 603 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
$320
 0.0% $155 $975 556
2012
$320
 0.0% $180 $600 555
2013
$325
 +1.5% $155 $1,127 511
2014
$340
 +4.4% $210 $2,000 446
2015
$330
 -3.0% $210 $700 551
2016
$350
 +5.7% $170 $1,434 441
2017
$350
 0.0% $180 $650 455
2018
$360
 +2.8% $250 $1,477 425
2019
$360
 0.0% $260 $680 406
2020
$370
 +2.7% $280 $650 339
2021
$380
 +2.6% $290 $620 314
2022
$420
 +9.5% $300 $900 338
2023
$470
 +10.6% $325 $900 348
2024
$525
 +10.5% $370 $1,750 260
Median Rent Price
$520
per week
Based on 307 recorded rent within the last 12 months
Updated on 5 Nov 2024
Rent Price Growth
+11.5%
Current Median Rent: $520
Previous Median Rent: $460
Based on 663 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.1%
Current Median Price: $666,500
Current Median rent: $520
Based on 630 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

Houses sold in Last 12 months ends 2 Nov 2024

$840K

Median Sale Price

46%

Clearance Rate

5/11

Sold/Reported

$905K

Highest Sale Price

Sold Price Range No. of Sold Properties
$800 K - $1 M
(Median Price Range)		 2
$600 K - $800 K 1

Schools closest to Cranbourne, VIC 3977

School name Address Type Sector Distance
St Peter's College Cranbourne East 3977 Secondary Catholic 0.58 km
Cranbourne West Primary School 110 DUFF STREETCranbourne 3977 Primary Government 0.9 km
St Agatha's Primary School SCOTT STCranbourne 3977 Primary Catholic 0.89 km
St Peter's College CRANBOURNE-FRANKSTON ROADCranbourne 3977 Secondary Catholic 1 km
Cranbourne Park Primary School 1 TUCKER STREETCranbourne 3977 Primary Government 1.18 km
Cranbourne Secondary College STAWELL STREETCranbourne 3977 Secondary Government 1.52 km
Cranbourne Primary School BAKEWELL STREETCranbourne 3977 Primary Government 1.73 km