Thinking about buying in Cranbourne East? Now could not be a better time, with 10155 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $839,000 with prices in this suburb ranging from $305,000 to $11,177,000. Cranbourne East is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $382.95 |
Median Monthly Mortgage | $1859.52 |
Median Persons Per Bedroom | 0.89 |
Average Household Size | 3.30 |
Average Age | 33.25 |
Average Income | $789.22 |
Average Cars Per Dwelling | 1.95 |
Average Properties Within 50M | 14 |
1 Bed  $650,000 |
2 Bed  $734,000 |
3 Bed  $839,000 |
4 Bed  $960,000 |
5 Bed  $1,164,000 |
6 Bed+$1,348,000 |
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. Incomes in Cranbourne East are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Cranbourne East classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Lower than average population density constrains growth in Cranbourne East to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Casey Grammar School
Marnebek School Cranbourne
Lighthouse Christian College Cranbourne
Cranbourne East Primary School
Cranbourne East Secondary College
St Thomas the Apostle Catholic Primary School
Wilandra Rise Primary School
Cranbourne Primary School
Cranbourne Secondary College
Cranbourne Carlisle Primary School
(While the above schools are located with the suburb of Cranbourne East there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(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
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!