Thinking about buying in Cranbourne South? Now could not be a better time, with 2094 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,113,000 with prices in this suburb ranging from $339,000 to $4,211,000. Cranbourne South is located fairly close to the coast at just 4Km 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 | $427.00 |
Median Monthly Mortgage | $2190.00 |
Median Persons Per Bedroom | 0.75 |
Average Household Size | 3.00 |
Average Age | 36.50 |
Average Income | $930.00 |
Average Cars Per Dwelling | 2.38 |
Average Properties Within 50M | 12 |
2 Bed  $1,439,000 |
3 Bed  $1,456,000 |
4 Bed  $1,493,000 |
5 Bed  $1,843,000 |
6 Bed+$1,907,000 |
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. High average incomes in Cranbourne South ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Cranbourne South provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Cranbourne South necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Cranbourne South the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
7 limandus cr, cranbourne south, vic, 3977 | 3 | 2 | 1 | NEW PRICE $625,000 - $685,000 | |
20 woodlands rd, cranbourne south, vic, 3977 | 6 | 4 | 16 | 3,400,000 - 3,600,000 | |
35 edgar av, cranbourne south, vic, 3977 | 3 | 2 | 1 | 590000 | |
3 stanhill dr, cranbourne south, vic, 3977 | 4 | 2 | 2 | 1275000 | |
34 flanagan cr, cranbourne south, vic, 3977 | 6 | 5 | 2 | $1,490,000 - $1,590,000 |
Cranbourne South Primary School
Barton Primary School
Devon Meadows Primary School
St Peter's College
Langwarrin Park Primary School
Woodlands Primary School
(While the above schools are located with the suburb of Cranbourne South 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
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