Thinking about buying in Cranbourne? Now could not be a better time, with 11420 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $772,000 with prices in this suburb ranging from $80,000 to $8,870,000. Cranbourne is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $345.76 |
| Median Monthly Mortgage | $1546.03 |
| Median Persons Per Bedroom | 0.84 |
| Average Household Size | 2.76 |
| Average Age | 35.31 |
| Average Income | $679.31 |
| Average Cars Per Dwelling | 1.81 |
| Average Properties Within 50M | 24 |
Housing Stock
Average Property Prices
| 1 Bed $626,000 |
| 2 Bed $578,000 |
| 3 Bed $775,000 |
| 4 Bed $943,000 |
| 5 Bed $1,104,000 |
| 6 Bed+$1,068,000 |
Cranbourne Real Estate Market Outlook
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Cranbourne due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Cranbourne provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Cranbourne requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Cranbourne we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Cranbourne a better buying opportunity than it may have been in the past.
Houses for sale Cranbourne
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Local Schools
Cranbourne Secondary College
Rangebank Primary School
Cranbourne West Primary School
Cranbourne Park Primary School
Cranbourne Carlisle Primary School
Cranbourne Primary School
St Agatha's School
St Peter's College
Casey Grammar School
Courtenay Gardens Primary School
(While the above schools are located with the suburb of Cranbourne there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Cranbourne weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 2.5 | 14.2 | 25 | 46.1 | 86.8 | 2.4 | 22.2 |
| May | 1.9 | 8.6 | 16.8 | 55.9 | 90.6 | 1.8 | 8.2 |
| Jun | 2.5 | 7.3 | 14.6 | 62.7 | 92 | 1.9 | 6.7 |
| Jul | 1.9 | 7.1 | 13.7 | 60.4 | 89.3 | 2.7 | 7.3 |
| Aug | 2.2 | 8.1 | 15.3 | 56.5 | 90.8 | 2.5 | 10.7 |
| Sept | 2.9 | 8.4 | 17.2 | 49.3 | 90.3 | 2.6 | 14.2 |
| Oct | 2.5 | 10.2 | 18.7 | 54.3 | 89.6 | 2.5 | 16.7 |
| Nov | 1.4 | 12.8 | 23.8 | 42.5 | 87.4 | 2.2 | 22 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Leawarra - Greater then 10KM
Somerville - Greater then 10KM
Chelsea - Greater then 10KM
Cranbourne - Less than 2 KM
Edithvale - Greater then 10KM
Tyabb Station - Greater then 10KM
Moorooduc - Greater then 10KM
Aspendale - Greater then 10KM
Bonbeach - Greater then 10KM
Seaford - Greater then 10KM
General Points of Interest
The local village @ Carrum Downs - Less than 10 KM
Casey Indoor Leisure Complex - Less than 2 KM
The Gateway Shopping Centre - Less than 10 KM
Skye Driving Range & Golf Course - Less than 10 KM
Hunt Club Village - Less than 5 KM
Spring Hill Shopping Centre - Less than 5 KM
Cranbourne Golf Club - Less than 5 KM
Ayr Hill Equestrian Centre - Less than 10 KM
Multi Purpose Center - Less than 10 KM
Aeroplane - Less than 2 KM
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