Market snapshot
Suburb insights for Cranbourne3977
Change suburbCranbourne, approximately 43 km southeast of the Melbourne CBD, is a large and well-established suburb that offers a mix of older homes and new estates. With a wide range of schools, shops, sporting clubs, and the Cranbourne Botanic Gardens, it serves as a central hub in the City of Casey, catering to a diverse and growing population.
Recent sales and auction results in Cranbourne
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 2 Waterville Vst, Cranbourne | 4 |  | House | Sold Before Auction | 16/10/2025 | LJ Hooker Dandenong | View |
Sales data
Median sale price
$718k
Quarterly price change
2.6%
Metro Melbourne Comparison
$955k
2.7%
| Bedrooms | Cranbourne | Metro comparison |
|---|---|---|
| 2 | $530,000 | $910,000 |
| 3 | $653,000 | $830,000 |
| 4 | $768,500 | $951,500 |
| Insight | Cranbourne | Metro comparison |
|---|---|---|
| Clearance rate | 81.4% | |
| Days on market | 33 | 36 |
Rental data
Median weekly rent
$530
Rental yield
4%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Cranbourne | Metro comparison |
|---|---|---|
| 2 | $460 | $580 |
| 3 | $520 | $550 |
| 4 | $620 | $600 |
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