Market snapshot
Suburb insights for Cranbourne South3977
Change suburbCranbourne South, a semi-rural pocket just south of Cranbourne, offers large blocks, hobby farms, and tranquil living while remaining close to urban amenities. With local produce stores and scenic surrounds, it appeals to buyers seeking space and a country lifestyle near Melbourne’s southeast growth corridor.
Sales data
Median sale price
$790k
Annual price change
-3%
Metro Melbourne Comparison
$924k
-0.6%
| Bedrooms | Cranbourne South | Metro comparison |
|---|---|---|
| 2 | - | $890,000 |
| 3 | $640,550 | $815,000 |
| 4 | $835,000 | $950,000 |
| Insight | Cranbourne South | Metro comparison |
|---|---|---|
| Clearance rate | 79.5% | |
| Days on market | 36 | 39 |
Rental data
Median weekly rent
$650
Rental yield
4.2%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Cranbourne South | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | - | $550 |
| 4 | $650 | $600 |
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