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.

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

	20 hinneberg st, cranbourne, vic, 3977	4	2	2	$730,000 - $780,000
	3 portrush tce, cranbourne, vic, 3977	5	2	3	NEW PRICE $790,000-$840,000
	13 belmar st, cranbourne, vic, 3977	3	1	2	$630,000 - $660,000
	119 willow glen bvd, cranbourne, vic, 3977	3	2	2	$580,000 - $620,000
	57 toirram cr, cranbourne, vic, 3977	3	2	2	$695,000 - $745,000
	46 kingdom dr, cranbourne, vic, 3977	5	2	2	Please Call
	53 valencia cct, cranbourne, vic, 3977	3	2	2	$630,000 - $680,000
	110 marylyn pl, cranbourne, vic, 3977	4	2	2	$835,000 - $895,000
	4 cleopatra dr, cranbourne, vic, 3977	3	2	2	$696,000 - $765,000 - MUST INSPECT!
	14 rosalie av, cranbourne, vic, 3977	3	1	1	$619,000 - $659,000
	unit 1, 37 arleon cr, cranbourne, vic, 3977	3	1	2	495000
	3 martin pl, cranbourne, vic, 3977	3	1	4	645000
	unit 1, 65 clarendon st, cranbourne, vic, 3977	2	1	1	410000
	4 bengal ct, cranbourne, vic, 3977	3	1	1	600000
	16 mcgeown cct, cranbourne, vic, 3977	4	2	2	850000
	33 bakewell st, cranbourne, vic, 3977	3	1	4	1100000
	10 galway pl, cranbourne, vic, 3977	4	2	6	895000
	9 galway pl, cranbourne, vic, 3977	4	2	2	845000
	4 isaac smith cr, cranbourne, vic, 3977	3	1		$580,000 - $620,000
	unit 1, 149 narre warren rd, cranbourne, vic, 3977	6	2	2	$650,000 - $710,000

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