Lot 40 Nelson St/Ready To Build/Quick Will Sell In Hours

Cranbourne East VIC 3977

The size of Cranbourne East is approximately 13.4 square kilometres. It has 35 parks covering nearly 9.1% of total area. The population of Cranbourne East in 2011 was 8,210 people. By 2016 the population was 16,181 showing a population growth of 97.1% in the area during that time. The predominant age group in Cranbourne East is 30-39 years. Households in Cranbourne East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne East work in a trades occupation. In 2011, 77% of the homes in Cranbourne East were owner-occupied compared with 76.7% in 2016.

Cranbourne East has 10,583 properties. Over the last 5 years, Houses in Cranbourne East have seen a 28.77% increase in median value, while Units have seen a 25.72% increase. As at 30 November 2024:

• The median value for Houses in Cranbourne East is $751,433 while the median value for Units is $504,885.
• Houses have a median rent of $575 while Units have a median rent of $500.