Cranbourne East VIC 3977

Here you can find what you need to know about Cranbourne East, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$553k Median Sale Price (National Average $485k) 387th In VIC
-3.83% Median Price Change (1 yr) (National Average 4.30%) 2373rd In VIC
$410pw Median Rent (National Average $395) 322nd In VIC
3.9% Median Gross Yield (National Average 4.24%) 225th In VIC
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Properties sold 290
Average discounting -7.42%
Average Days on Market 63
Stock on Market 62 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Cranbourne East, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Cranbourne East, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Cranbourne East, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Cranbourne East


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Latest Auction Results for Cranbourne East as at 10 November 2019

Property Details
Sale Price
4Bed / 2Bath / -Car / House
$475,000

State Auction Clearance Rates - November 2019

Auctions Clearance rate
VIC 992 71%
ACT 103 74%
NSW 922 73%
NT 6 17%
QLD 249 42%
SA 110 55%
TAS 3 100%
WA 53 38%

Local Schools


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Suburb Information

Cranbourne East, VIC 3977

Part of: Casey Council No data available

The size of Cranbourne East is approximately 13.3 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Cranbourne East in 2011 was 8,210 people. By 2016 the population was 16,181 showing a population growth of 97.1% in the area during that time. The predominant age group in Cranbourne East is 30-39 years. Households in Cranbourne East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne East work in a trades occupation. In 2011, 77% of the homes in Cranbourne East were owner-occupied compared with 76.7% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Cranbourne East

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Cranbourne East   for Houses in last 12 months


There have been 288 Houses sold in Cranbourne East in the past 12 months with a median sale price of $555K, up -3.48% annually. It takes on average 64 days to sell with vendor discounting of -7.37%.

Streets in Cranbourne East


Others also viewed

Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Cranbourne VIC, 3977 -9.17% $495,000 $360pw 3.8% View Suburb Profile
Cranbourne North VIC, 3977 -2.70% $570,000 $400pw 3.6% View Suburb Profile
Cranbourne West VIC, 3977 -3.79% $520,000 $390pw 3.9% View Suburb Profile
Clyde North VIC, 3978 4.34% $574,900 $410pw 3.7% View Suburb Profile
Narre Warren VIC, 3805 -6.45% $580,000 $380pw 3.4% View Suburb Profile
Clyde VIC, 3978 37.66% $530,000 $400pw 3.9% View Suburb Profile