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Investment Property Cranbourne East, VIC, 3977

Suburb Snapshot

Cranbourne East is a suburb in the Casey Region of Victoria. Cranbourne East has a population of 16,191 people and 18.33% of its occupants live in rental accommodation. The median listing price for houses is $700,000 and this has changed 2.18% over the past year and changed 4.47% over 2 years.

The median rent in Cranbourne East for houses is $575 per week and the median rental yield is 4.27%. Stock on the market for houses/townhouses has changed 21.51% compared to last year and the average time to sell a house/townhouse is 106 days.The median listing price for units is $500,000 and this has changed NA over the past year. The average unit takes 286 days to sell and the median rent for a unit in Cranbourne East is NA per week, producing a rental yield of NA.

Supply & Demand in Cranbourne East, Casey

1.21%

Current vacancy rate


100

Rental stock available


16,191

Population


18.33%

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 East, Casey

  House Townhouses Units
Median listing price $700,000 $520,000 $500,000
Median price change - last quarter 0.14% -2.92% -1.97%
Median price change - 1 year 2.18% 7.21% NA
Median price change - 2 years 4.47% 0.09% NA
  House Townhouses Units
Median weekly rent $575 NA NA
Median yield % 4.27% NA NA
Median rent change - 1 year 8.49% NA NA
  House Units
Previous month sales 15 1
Stock on market previous month 305 2
Stock variance vs. last year 21.51% 0.00%
Average days on market 106 286

Cranbourne East investment property listings

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