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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 $677,000 and this has changed 4.15% over the past year and changed 14.74% over 2 years.

The median rent in Cranbourne for houses is $460 per week and the median rental yield is 3.53%. Stock on the market for houses/townhouses has changed 6.63% compared to last year and the average time to sell a house/townhouse is 103 days.The median listing price for units is $449,500 and this has changed -0.12% over the past year. The average unit takes 97 days to sell and the median rent for a unit in Cranbourne is $400 per week, producing a rental yield of 4.62%.

Supply & Demand in Cranbourne, Casey

0.96%

Current vacancy rate


86

Rental stock available


20,087

Population


26.78%

Rental population


0.71%

Current vacancy rate


975

Rental stock available


299,294

Population


19.66%

Rental population


0.87%

Current vacancy rate


26,641

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 $677,000 $510,000 $449,500
Median price change - last quarter 0.29% 2.51% 2.15%
Median price change - 1 year 4.15% -0.98% -0.12%
Median price change - 2 years 14.74% 8.51% 7.02%
  House Townhouses Units
Median weekly rent $460 $465 $400
Median yield % 3.53% 4.74% 4.62%
Median rent change - 1 year 13.58% 10.71% 11.11%
  House Units
Previous month sales 4 0
Stock on market previous month 193 21
Stock variance vs. last year 6.63% -4.55%
Average days on market 103 97

Cranbourne investment property listings

Showing 5 of 149 investment properties found in Cranbourne on realestateinvestar.com.au

5 Bourke Rd, CRANBOURNE

$590,000

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VIC 3977


3-5 Lamb St, CRANBOURNE

$1,700,000

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VIC 3977


5 Lamb St, CRANBOURNE

$850,000

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VIC 3977


3 Lamb St, CRANBOURNE

$850,000

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VIC 3977


1 Merrijig Ave, Cranbourne

$680,000

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Magnificent Cranbourne Family Residence

This lovely family home is close to all local amenities and has new flooring and freshly planted areas. With its massive block and incredible amount of space, it's a fantastic choice for many different types of buyers. Over the course of their extended stay, the current owners have taken great ...

Get more info on this property
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VIC 3977


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