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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 $541,500 and this has changed 4.84% over the past year and changed -1.19% over 2 years.

The median rent in Cranbourne for houses is $360 per week and the median rental yield is 3.45%. Stock on the market for houses/townhouses has changed -53.32% compared to last year and the average time to sell a house/townhouse is 98 days.The median listing price for units is $399,000 and this has changed 7.83% over the past year. The average unit takes 198 days to sell and the median rent for a unit in Cranbourne is $330 per week, producing a rental yield of 4.30%.

Supply & Demand in Cranbourne, Casey

0.82%

Current vacancy rate


69

Rental stock available


20,087

Population


26.78%

Rental population


0.69%

Current vacancy rate


849

Rental stock available


299,294

Population


19.66%

Rental population


1.61%

Current vacancy rate


46,325

Rental stock available


5,926,624

Population


24.77%

Rental population


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

Statistical data for Cranbourne, Casey

  House Townhouses Units
Median listing price $541,500 $467,500 $399,000
Median price change - last quarter 0.37% 4.11% 2.96%
Median price change - 1 year 4.84% 6.25% 7.83%
Median price change -2 years -1.19% 3.88% 7.83%
  House Townhouses Units
Median weekly rent $360 $380 $330
Median yield % 3.45% 4.22% 4.30%
Median rent change - 1 year 0.00% 1.33% 4.76%
  House Units
Previous month sales 22 6
Stock on market previous month 176 18
Stock variance vs. last year -53.32% -47.06%
Average days on market 98 198

Cranbourne investment property listings

Showing 5 of 120 investment properties found in Cranbourne on realestateinvestar.com.au

115 Narre Warren Rd, Cranbourne

$540,000

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Ready, Set, Develop!

On approx. 634sqm of flat land, with plans and permits in place for 3 intelligently designed and generously proportioned three bedroom, two bathroom + study townhouses, this opportunity presents itself as a valuable addition to builders and investors alike. Positioned in a central location, well ...

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House

VIC 3977


12 Vega Tce, Cranbourne

$585,000

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NEST OR INVEST !

This gorgeous four bedroom home Park front is ideally located in the heart of Cranbourne. Whether you are searching for your first home, down-sizing or looking for a tidy investment, this is a great opportunity not to be missed. As you enter this beautiful home, you are welcomed with a good sized ...

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House

VIC 3977


1/49 Stawell St, Cranbourne

$499,000

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Brand New Family Home in Central CranbourneFHOG available

Cranbourne: Excellence is showcased throughout this extra - spacious executive residence with drive direct to the door private entrance in a secure and secluded boutique setting. It is a very young and stylish townhouse in the heart of very vibrant suburb of Cranbourne, with all the necessary ...

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Townhouse

VIC 3977


5 St Mellion Ct, Cranbourne

$590,000

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4 BEDROOMS + AWESOME BACKYARD!!

Situated in a quiet court in the highly sought after Brookland Greens Estate, this charming 4 bedroom home presents a sensational opportunity to enter the investment market with immediate return OR, if you're looking to move in, buy now before the prices go even higher and move in later - whatever ...

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VIC 3977


4 Lawson Cl, Cranbourne

$580,000

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Development site with plan and permit !

Situated in a quiet and peaceful street, comprising of 3 spacious bedrooms, functional bathroom with heated towel rails as well as heat lamps. A spacious semi open plan living area, one car garage/workshop, large shed and outdoor entertainment area with pergola for family BBQ's. The kitchen is ...

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House

VIC 3977


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