Cranbourne East, VIC 3977

Cranbourne East, VIC 3977

Compare Part of Casey

45.12 km
Distance from CBD
37 k
Population

Auction Times

Sat 8 Oct
Auction Time Agency
5 Winton Retreat
4 2 2 House
12:00 PM
Sat 8th Oct
Area Specialist
Median Sale Price
House
$720K
Updated on Aug 2022
2 BR
$643K
3 BR
$670K
4 BR
$747K
Unit
-
Updated on Aug 2022
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
$365,000
-0.8% $285,000 $515,000 81
2012
$365,000
0.0% $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
$726,000
+9.1% $495,900 $4,300,000 259
Median Sale Price
$720K
Based on 364 recorded sales within the last 12 months
Updated on 3 Oct 2022
Suburb Growth
+11.8%
Current Median Price: $720,000
Previous Median Price: $635,000
Based on 784 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Sep 2022)
Price Range Segments (12 months ending Sep 2022)
Median Weekly Rent Price
House
$450
Updated on Aug 2022
2 BR
$398
3 BR
$420
4 BR
$450
Unit
$390
Updated on Aug 2022
2 BR
$365
3 BR
$390
4 BR
$440
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 $1,738 404
2020
$410
+2.4% $330 $620 320
2021
$440
+6.8% $350 $652 313
2022
$460
+4.3% $370 $850 187
Median Rent Price
$450
per week
Based on 276 recorded rent within the last 12 months
Updated on 3 Oct 2022
Rent Price Growth
+6.7%
Current Median Rent: $450
Previous Median Rent: $420
Based on 588 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.3%
Current Median Price: $720,000
Current Median rent: $450
Based on 640 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Sep 2022)

Auction Results For Cranbourne East

Houses sold in Last 12 months ends 1 Oct 2022

$720K

Median Sale Price

100%

Clearance Rate

264/265

Sold/Reported

$4.3M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 1
$2 M - $3 M 7
$1.6 M - $1.8 M 1
$1.2 M - $1.4 M 1
$1 M - $1.2 M 7
$800 K - $1 M 43
$600 K - $800 K
(Median Price Range)
186
$400 K - $600 K 16
less than $400 K 2

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