Cranbourne West, VIC 3977

Cranbourne West, VIC 3977

Compare Part of Casey

41.53 km
Distance from CBD
37 k
Population
Median Sale Price
House
$675K
Updated on Aug 2022
2 BR
$550K
3 BR
$639K
4 BR
$750K
Unit
$474K
Updated on Aug 2022
1 BR
-
2 BR
$465K
3 BR
$530K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$285,000
0.0% $240,000 $340,000 55
2010
$341,000
+16.4% $265,000 $1,475,000 128
2011
$322,500
-5.7% $218,000 $600,000 72
2012
$321,500
-0.3% $240,000 $784,900 94
2013
$320,000
-0.5% $115,000 $853,000 184
2014
$348,000
+8.0% $147,000 $575,000 205
2015
$372,000
+6.5% $260,000 $677,500 282
2016
$415,000
+10.4% $275,000 $870,000 272
2017
$517,250
+19.8% $330,000 $915,000 324
2018
$542,000
+4.6% $385,000 $890,000 263
2019
$522,000
-3.8% $350,000 $845,000 274
2020
$555,000
+5.9% $350,000 $1,000,001 237
2021
$639,000
+13.1% $425,000 $1,093,000 387
2022
$699,999
+8.7% $440,000 $1,360,000 249
Median Sale Price
$690K
Based on 368 recorded sales within the last 12 months
Updated on 3 Oct 2022
Suburb Growth
+11.6%
Current Median Price: $690,000
Previous Median Price: $610,000
Based on 692 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
$428
Updated on Aug 2022
2 BR
$370
3 BR
$400
4 BR
$470
Unit
$390
Updated on Aug 2022
1 BR
$365
2 BR
$360
3 BR
$390
4 BR
$400
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$330
0.0% $235 $420 58
2012
$330
0.0% $225 $369,000 73
2013
$340
+2.9% $265 $600 163
2014
$350
+2.9% $260 $520 247
2015
$350
0.0% $270 $550 236
2016
$370
+5.4% $279 $565 230
2017
$380
+2.6% $230 $620 298
2018
$385
+1.3% $290 $575 281
2019
$390
+1.3% $285 $650 264
2020
$400
+2.5% $285 $625 192
2021
$410
+2.4% $320 $895 225
2022
$440
+6.8% $340 $680 131
Median Rent Price
$430
per week
Based on 192 recorded rent within the last 12 months
Updated on 3 Oct 2022
Rent Price Growth
+3.5%
Current Median Rent: $430
Previous Median Rent: $415
Based on 396 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.2%
Current Median Price: $690,000
Current Median rent: $430
Based on 560 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 West

Houses sold in Last 12 months ends 1 Oct 2022

$700K

Median Sale Price

100%

Clearance Rate

319/319

Sold/Reported

$1.36M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.2 M - $1.4 M 2
$1 M - $1.2 M 9
$800 K - $1 M 54
$600 K - $800 K
(Median Price Range)
217
$400 K - $600 K 36

Schools closest to Cranbourne West, VIC 3977

School name Address Type Sector Distance
St Peter's College CRANBOURNE-FRANKSTON ROADCranbourne 3977 Secondary Catholic 0.46 km
Haileybury CollegeTop 10 Berwick 3806 Combined Independent 0.85 km
Cranbourne West Primary School 110 DUFF STREETCranbourne 3977 Primary Government 1.55 km