Thinking about buying in Cranbourne West? Now could not be a better time, with 8837 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $803,000 with prices in this suburb ranging from $258,000 to $2,047,000. Cranbourne West is located fairly close to the coast at just 9Km 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 | $372.16 |
Median Monthly Mortgage | $1718.73 |
Median Persons Per Bedroom | 0.87 |
Average Household Size | 3.12 |
Average Age | 33.45 |
Average Income | $823.35 |
Average Cars Per Dwelling | 2.01 |
Average Properties Within 50M | 15 |
1 Bed  $520,000 |
2 Bed  $662,000 |
3 Bed  $751,000 |
4 Bed  $893,000 |
5 Bed  $988,000 |
6 Bed+$1,078,000 |
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 West are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Cranbourne West provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Cranbourne West to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Cranbourne West 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 West a better buying opportunity than it may have been in the past.
46 aquatic dr, cranbourne west, vic, 3977 | 3 | 2 | 1 | For Sale $600,000 - $650,000 | |
46 copernicus cct, cranbourne west, vic, 3977 | $650,000 - $700,000 | ||||
18 stanford st, cranbourne west, vic, 3977 | 5 | 3 | 2 | $1,100,000 - $1,210,000 | |
10 crowe av, cranbourne west, vic, 3977 | 4 | 2 | 2 | 870000 | |
9 eminence dr, cranbourne west, vic, 3977 | 3 | 2 | 1 | 545000 | |
60 raisell rd, cranbourne west, vic, 3977 | 3 | 2 | 2 | 610001 | |
12 crystal gdns, cranbourne west, vic, 3977 | 3 | 1 | 0 | 599999 | |
1 push-pea way, cranbourne west, vic, 3977 | 3 | 3 | 4 | 745000 | |
78 scarborough av, cranbourne west, vic, 3977 | 4 | 2 | 2 | Fixed Date Sale ($780,000 to $850,000) |
St Peter's College
Barton Primary School
Cranbourne West Primary School
St Therese's School
Rangebank Primary School
Lyndhurst Primary School
Lyndhurst Secondary College
Cranbourne Park Primary School
St Agatha's School
Courtenay Gardens Primary School
(While the above schools are located with the suburb of Cranbourne West 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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