Real Estate & Finance

Property Report & Market Data In Cranbourne East

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Average Market Value In Cranbourne East

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Cranbourne East has experienced robust property value growth in recent years, with house prices displaying double-digit annual increases and strong demand from both owner-occupiers and investors. Unit prices remain comparatively affordable, attracting first-home buyers.

715000

Median House Price

6.1 %

House Price Growth

505000

Median Unit Price

3.9 %

Unit Price Growth

Sales Trends In Cranbourne East

Stay ahead of the fast-moving sales trends around Cranbourne East

The housing market in Cranbourne East remains active, characterised by relatively quick sales, moderate vendor discounts, and sustained buyer interest, supported by local population growth.

255

Total Houses Sold

55

Total Units Sold

27

Days On Market (Houses)

2.4

Vendor Discount

Local Population Movement In Cranbourne East

Learn who is moving in and out of Cranbourne East! Is it on the rise or decline?

The suburb continues to welcome new residents, primarily young families, migrating from inner Melbourne and interstate, contributing to one of the highest population growth rates in Victoria.

27963

Population Size In Cranbourne East

5.2

Population Growth In Cranbourne East

30-39

Dominant Age Group InCranbourne East

Couples with children

Household Types In Cranbourne East

Market Decline or Growth Indicators For Cranbourne East

Learn who is moving in and out of Cranbourne East! Is it on the rise or decline?

Indicators suggest Cranbourne East is a growth market, with rising values, decreased average days on market, and strong sales activity. Inventory levels remain moderate, and both rental and sales markets are healthy, suggesting resilience to market declines.

6.1

Annual Price Growth In Cranbourne East

285

Sales Activity Rate In Cranbourne East

2.3

Average Stock Inventory Time InCranbourne East

Rental Yields and Demand In Cranbourne East

Find out if this is a good investment opportunity buying real estate in and around Cranbourne East

Rental yields are moderate with houses achieving around 3.7% and units 4.1%. Demand for rentals outpaces supply, offering attractive conditions for property investors.

255

Total Houses Sold

55

Total Units Sold

27

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

2.4

Vendor Discount

Affordability and Finance Options For Cranbourne East

Home Loans: Financing Your Dream Home In Cranbourne East. Get Pre-Approved Today.

255

Total Houses Sold

55

Total Units Sold

27

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

2.4

Vendor Discount

Lifestyle and Amenities In and Around Cranbourne East

Cranbourne East Lifestyle: Why Live Here

Cranbourne East is a thriving, family-oriented suburb with excellent access to schools, shopping centres (including Cranbourne Park Shopping Centre nearby), medical facilities, and sporting amenities. It is popular for its extensive parklands, walking trails, community centers, and new estates offering modern living. The area is known for its friendly community, proximity to public transport, and growing infrastructure.

28

Parks Count

1

Suburb Area

46

Distance To CBD

Property Type Breakdown Cranbourne East

Cranbourne East Properties: Houses vs. Units

255

Total Houses Sold

55

Total Units Sold

27

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

2.4

Vendor Discount

Cranbourne East Suburb Information

Cranbourne East Suburb Stats

State: Victoria

City: Melbourne

Population: 27,963

Postcode: 3977

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