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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 $536,500 and this has changed 1.80% over the past year and changed -2.99% over 2 years.

The median rent in Cranbourne East for houses is $405 per week and the median rental yield is 3.92%. Stock on the market for houses/townhouses has changed -0.83% compared to last year and the average time to sell a house/townhouse is 91 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA 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

0.75%

Current vacancy rate


56

Rental stock available


16,191

Population


18.33%

Rental population


0.70%

Current vacancy rate


863

Rental stock available


299,294

Population


19.66%

Rental population


1.74%

Current vacancy rate


50,110

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Cranbourne East, Casey

  House Townhouses Units
Median listing price $536,500 $462,500 NA
Median price change - last quarter 1.22% 9.20% NA
Median price change - 1 year 1.80% 8.82% NA
Median price change -2 years -2.99% 0.54% NA
  House Townhouses Units
Median weekly rent $405 $360 NA
Median yield % 3.92% 4.04% NA
Median rent change - 1 year 1.25% 5.88% NA
  House Units
Previous month sales 29 0
Stock on market previous month 360 1
Stock variance vs. last year -0.83% -90.00%
Average days on market 91 NA

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