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Investment Property Cranbourne, VIC, 3977

Suburb Snapshot

Cranbourne is a suburb in the Casey Region of Victoria. Cranbourne has a population of 20,087 people and 26.78% of its occupants live in rental accommodation. The median listing price for houses is $679,000 and this has changed 0.29% over the past year and changed 4.46% over 2 years.

The median rent in Cranbourne for houses is $500 per week and the median rental yield is 3.82%. Stock on the market for houses/townhouses has changed -27.98% compared to last year and the average time to sell a house/townhouse is 148 days.The median listing price for units is $462,500 and this has changed 2.89% over the past year. The average unit takes 115 days to sell and the median rent for a unit in Cranbourne is $440 per week, producing a rental yield of 4.94%.

Supply & Demand in Cranbourne, Casey

1.17%

Current vacancy rate


105

Rental stock available


20,087

Population


26.78%

Rental population


0.98%

Current vacancy rate


1,389

Rental stock available


299,294

Population


19.66%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Cranbourne, Casey

  House Townhouses Units
Median listing price $679,000 $550,000 $462,500
Median price change - last quarter -0.15% 0.45% 0.54%
Median price change - 1 year 0.29% 7.84% 2.89%
Median price change - 2 years 4.46% 6.79% 2.77%
  House Townhouses Units
Median weekly rent $500 $520 $440
Median yield % 3.82% 4.91% 4.94%
Median rent change - 1 year 8.69% 11.82% 10.00%
  House Units
Previous month sales 27 3
Stock on market previous month 139 14
Stock variance vs. last year -27.98% -33.33%
Average days on market 148 115

Cranbourne investment property listings

Showing 2 of 2 investment properties found in Cranbourne on realestateinvestar.com.au

7 Rose La, CRANBOURNE

$500,000

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House

VIC 3977


27 Pharaoh Dr, CRANBOURNE

$730,000

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House

VIC 3977


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