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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 $680,000 and this has changed 0.00% over the past year and changed 4.61% over 2 years.

The median rent in Cranbourne for houses is $510 per week and the median rental yield is 3.90%. Stock on the market for houses/townhouses has changed -28.88% compared to last year and the average time to sell a house/townhouse is 152 days.The median listing price for units is $467,000 and this has changed 3.77% over the past year. The average unit takes 121 days to sell and the median rent for a unit in Cranbourne is $450 per week, producing a rental yield of 5.01%.

Supply & Demand in Cranbourne, Casey

1.15%

Current vacancy rate


104

Rental stock available


20,087

Population


26.78%

Rental population


0.95%

Current vacancy rate


1,354

Rental stock available


299,294

Population


19.66%

Rental population


0.93%

Current vacancy rate


28,886

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 $680,000 $550,000 $467,000
Median price change - last quarter -0.15% 0.45% 0.54%
Median price change - 1 year 0.00% 8.37% 3.77%
Median price change - 2 years 4.61% 8.91% 5.53%
  House Townhouses Units
Median weekly rent $510 $520 $450
Median yield % 3.90% 4.91% 5.01%
Median rent change - 1 year 10.86% 8.33% 12.50%
  House Units
Previous month sales 22 5
Stock on market previous month 133 15
Stock variance vs. last year -28.88% -16.67%
Average days on market 152 121

Cranbourne investment property listings

Showing 5 of 209 investment properties found in Cranbourne on realestateinvestar.com.au

20 Bundoran Ave, Cranbourne

$895,000

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A One-of-a-Kind Family Home with the Ultimate Garage Setup

Positioned on a prominent 590sqm corner allotment within the highly sought-after Brookland Greens Estate, this exceptional family residence delivers the perfect balance of comfort, practicality and lifestyle flexibility - featuring an incredible high-clearance shed setup rarely found in ...

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House

VIC 3977


9 Nanea Path, Cranbourne

$575,000

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Convenience at your fingertips

Discover the perfect blend of light, style and low-maintenance living in this modern, three-bedroom townhouse. Situated on a low-maintenance and quiet block with beautiful street appeal and including enclosed rear loaded double carport. This is perfect for first home buyers, retirees or a solid ...

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Townhouse

VIC 3977


4/32 Childers St, Cranbourne

$525,000

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Entire Unit Renovated (No Body Corp)

Presenting a rare opportunity for first-home buyers, downsizers and savvy investors, this stunning rear unit has been meticulously renovated from top to bottom. Tucked away at the back of a quiet complex for maximum privacy, this home combines contemporary style with the convenience of central ...

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Unit

VIC 3977


18 McComb La, Cranbourne

$580,000

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Modern Luxury and Unbeatable Convenience!

Perfectly positioned in a quiet yet central pocket of Cranbourne, 18 McComb Lane offers a sophisticated blend of contemporary style and low-maintenance living. Designed for those who demand both comfort and quality, this residence is a rare opportunity for first-home buyers, downsizers, or savvy ...

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House

VIC 3977


317 South Gippsland Hwy, Cranbourne

$720,000

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Prime Location with Big Frontage

Discover the perfect blend of comfort and functionality at 317 South Gippsland Highway, Cranbourne, VIC. This delightful 3-bedroom home is set on a generous 720 square metre block, offering ample space for family living and entertaining. Step inside to find a well-maintained interior featuring ...

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House

VIC 3977


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