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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 3 of 3 investment properties found in Cranbourne on realestateinvestar.com.au

18 Casper St, Cranbourne

$899,000

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Stylish, Near-New Family Home in Sought-After Canopy at Amstel E

For Sale: 18 Casper Street, Cranbourne, VIC Positioned in the highly sought-after Canopy at Amstel Estate, this near-new Henley-built home blends modern design, comfort, and sustainability into one exceptional package. Just under 2 years old and immaculately maintained, this residence is perfect ...

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VIC 3977


41A Jillian St, Cranbourne

$520,000

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Perfect Investment or First Home Buyer Opportunity!

Welcome to your dream home at 41A Jillian Street, where modern living meets convenience in the heart of Cranbourne! This beautifully designed 2-bedroom, 2-bathroom house offers an ideal blend of comfort, style, and functionality, perfect for first-time buyers, downsizers, or savvy investors! ...

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VIC 3977


36 Springhill Dr, Cranbourne

$0

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Spacious Home for the Growing Family

This spacious family residence combines modern comfort with practical living, offering an ideal lifestyle for growing families. Boasting high quality and multiple living zones, the home comprises f0ur bedrooms, two bathrooms, and versatile living areas. The expansive master bedroom is a private ...

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VIC 3977


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