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Real Estate Market: Is Cranbourne West VIC 3977 a Good Suburb to Buy Into?

Housing Market in Cranbourne West
Sources: Property Listings and Microburbs, 2002 - 2023
Field Value VS Melbourne Trend
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$593 Top 35% 212% to Aug 2024
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Housing Supply in Cranbourne West
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Field Value VS Melbourne Trend
41.8 Top 12% 13% to Aug 2024
0.4 Bottom 27% Data for Jul 2023
42.3 Top 16% Data for May 2023
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13 lots Top 35% 68% to May 2023
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43 Top 1% 1333% to Aug 2024
Housing Stock Quality in Cranbourne West
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Field Value VS Melbourne Trend
81.7% Bottom 13% 16% to Jan 2021
3.1 Top 8% 3% to Jan 2021
35.6% Top 9% Data for Jun 2023
Development Restrictions in Cranbourne West
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Field Value VS Melbourne Trend
13.0 sq km Top 42% Data for Jan 2021
0.0 sq km Bottom 45% Data for Jun 2023
830 sqm per resident Bottom 41% Data for Jan 2021
Risk in Cranbourne West
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Field Value VS Melbourne Trend
82.2% Bottom 21% 0% to May 2023
17.8% Top 21% 4% to May 2023
38 Top 32% Data for Jun 2023
$1,980 Top 47% 22% to May 2023
79 Top 47% Data for Jun 2023
75 Bottom 40% Data for Jun 2023
22.3% Top 49% 12% to Jan 2021
71.5% Top 2% 14% to May 2023
Housing Demand in Cranbourne West
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030
Field Value VS Melbourne Trend
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Unit Market in Cranbourne West
Sources: Property Listings and Microburbs, 2002 - 2023
Field Value VS Melbourne Trend
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$422 Bottom 48% 205% to Aug 2024
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68.6% Bottom 46% 16% to Aug 2024
LGA Details (1)
Percent of Renters by Street (100)
Turnover Rate by Street (100)
Median House Sale Prices by Street (100)
Realtors (2)
Median House Rental Prices by Street (100)
Median Unit Sale Prices by Street (7)
Planning Applications: Industrial (30)
Planning Applications: Other (63)
Planning Applications: Dwellings (7)
Businesses (42)
Recent Rental House Listings (100)
Recently Sold Units (100)
Recent Rental Unit Listings (100)
Recently Sold Houses (100)
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