Real Estate & Finance

Property Report & Market Data In Cranbourne

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Average Market Value In Cranbourne

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Property values in Cranbourne have shown steady long-term growth, bolstered by high demand from first-home buyers and families. While price growth has moderated since the 2021 peak, affordability and ongoing development underpin local market resilience.

655000

Median House Price

1.8 %

House Price Growth

485000

Median Unit Price

2.2 %

Unit Price Growth

Sales Trends In Cranbourne

Stay ahead of the fast-moving sales trends around Cranbourne

Sales volumes in Cranbourne remain high, with strong buyer competition for entry-level homes. Houses spend less than a month on market, and vendor discounting is modest.

405

Total Houses Sold

157

Total Units Sold

26

Days On Market (Houses)

3.2

Vendor Discount

Local Population Movement In Cranbourne

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

Cranbourne continues to see strong in-migration from Melbourne’s inner and western suburbs, driven by comparatively affordable housing and new estate developments. The suburb attracts young families and professionals seeking growth corridors.

25556

Population Size In Cranbourne

4.5

Population Growth In Cranbourne

30-39

Dominant Age Group InCranbourne

Couples with children

Household Types In Cranbourne

Market Decline or Growth Indicators For Cranbourne

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

While growth rates have tempered post-pandemic, indicators point toward a balanced market with ongoing buyer demand. Inventory levels and days on market are stable, with no signs of significant decline.

2

Annual Price Growth In Cranbourne

5.5

Sales Activity Rate In Cranbourne

2.1

Average Stock Inventory Time InCranbourne

Rental Yields and Demand In Cranbourne

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

Rental yields in Cranbourne are solid, particularly for units, and tenant demand stays strong due to school zones, public transport, and shopping precincts.

405

Total Houses Sold

157

Total Units Sold

26

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.2

Vendor Discount

Affordability and Finance Options For Cranbourne

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

405

Total Houses Sold

157

Total Units Sold

26

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.2

Vendor Discount

Lifestyle and Amenities In and Around Cranbourne

Cranbourne Lifestyle: Why Live Here

Cranbourne is a vibrant, family-friendly suburb offering a blend of urban conveniences and natural beauty. Residents enjoy proximity to major shopping centres like Cranbourne Park, diverse local dining, the expansive Royal Botanic Gardens, sports facilities, playgrounds, and a range of local schools and medical services. Excellent road and rail connections make commuting straightforward.

35

Parks Count

1

Suburb Area

45

Distance To CBD

Property Type Breakdown Cranbourne

Cranbourne Properties: Houses vs. Units

405

Total Houses Sold

157

Total Units Sold

26

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.2

Vendor Discount

Cranbourne Suburb Information

Cranbourne Suburb Stats

State: Victoria

City: Melbourne

Population: 25,556 (Cranbourne suburb only, 2021 Census)

Postcode: 3977

Free Property Appraisal In Cranbourne

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