Cranbourne East, VIC 3977
Compare Part of Casey
45.12 km
Distance from Melbourne CBD
37 k
Population
Auction Times
Sat 27 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 11 Fiander Close 3 2 1 House | 1:30 PM Sat 27th Apr | Harcourts Dandenong |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $319,000 | 0.0% | $242,000 | $660,000 | 74 |
| 2010 | $368,000 | +13.3% | $75,000 | $1,010,000 | 174 |
| 2011 | $366,000 | -0.5% | $285,000 | $670,000 | 81 |
| 2012 | $365,000 | -0.3% | $170,000 | $1,000,000 | 112 |
| 2013 | $395,000 | +7.6% | $69,114 | $926,000 | 185 |
| 2014 | $405,000 | +2.5% | $163,000 | $3,517,974 | 214 |
| 2015 | $438,000 | +7.5% | $191,000 | $1,250,000 | 256 |
| 2016 | $467,391 | +6.3% | $8,182 | $1,675,000 | 350 |
| 2017 | $540,000 | +13.4% | $69,114 | $2,500,000 | 344 |
| 2018 | $575,000 | +6.1% | $400,000 | $900,000 | 272 |
| 2019 | $559,000 | -2.9% | $399,350 | $1,600,000 | 278 |
| 2020 | $581,000 | +3.8% | $412,000 | $2,450,000 | 277 |
| 2021 | $660,000 | +12.0% | $440,000 | $2,070,000 | 414 |
| 2022 | $717,500 | +8.0% | $495,900 | $4,300,000 | 327 |
| 2023 | $715,000 | -0.3% | $498,000 | $2,300,000 | 321 |
| 2024 | $725,999 | +1.5% | $500,000 | $1,350,000 | 115 |
Median Sale Price
$721K
Based on 350 recorded sales within the last 12 months
Updated on 25 Apr 2024
Suburb Growth
+1.5%
Current Median Price: $721,000
Previous Median Price: $710,000
Based on 638 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $380 | 0.0% | $200 | $698 | 106 |
| 2012 | $370 | -2.7% | $280 | $500 | 129 |
| 2013 | $380 | +2.6% | $280 | $600 | 164 |
| 2014 | $380 | 0.0% | $290 | $590 | 283 |
| 2015 | $380 | 0.0% | $295 | $580 | 332 |
| 2016 | $400 | +5.0% | $279 | $650 | 359 |
| 2017 | $400 | 0.0% | $290 | $650 | 460 |
| 2018 | $400 | 0.0% | $250 | $660 | 393 |
| 2019 | $400 | 0.0% | $320 | $1,738 | 405 |
| 2020 | $410 | +2.4% | $350 | $620 | 320 |
| 2021 | $440 | +6.8% | $350 | $652 | 314 |
| 2022 | $470 | +6.4% | $240 | $950 | 323 |
| 2023 | $525 | +10.5% | $400 | $1,000 | 351 |
| 2024 | $560 | +6.3% | $230 | $1,500 | 86 |
Median Rent Price
$540
per week
Based on 316 recorded rent within the last 12 months
Updated on 25 Apr 2024
Rent Price Growth
+9.3%
Current Median Rent: $540
Previous Median Rent: $490
Based on 660 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $721,000
Current Median rent: $540
Based on 666 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Cranbourne East
Houses sold in Last 12 months ends 20 Apr 2024
$685K
Median Sale Price
86%
Clearance Rate
23/27
Sold/Reported
$820K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $800 K - $1 M | 1 | |
| $600 K - $800 K (Median Price Range) | 19 | |
| $400 K - $600 K | 3 | |
Similar Suburbs to Cranbourne East 3977
Based on median house sale price sold in last 12 months
Schools closest to Cranbourne East, VIC 3977
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Cranbourne East Primary School | 2 BOWYER AVENUECranbourne East 3977 | Primary | Government | 1.36 km |
| Casey Grammar School | 3 NEW HOLLAND DRIVECRANBOURNE EAST 3977 | Combined | Independent | 1.29 km |
| Cranbourne East Secondary College | 50 STATELY DRIVECranbourne East 3977 | Secondary | Government | 1.46 km |
| Cranbourne Primary School | BAKEWELL STREETCranbourne 3977 | Primary | Government | 1.47 km |
| Clyde Primary School | OROYA GROVEClyde 3978 | Primary | Government | 1.48 km |
| Cranbourne Secondary College | STAWELL STREETCranbourne 3977 | Secondary | Government | 1.88 km |