Cranbourne West Suburb Profile
Victoria 3977

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Cranbourne West has 9,011 properties. Over the last 5 years, Houses in Cranbourne West have seen a 33.78% increase in median value, while Units have seen a 27.13% increase. As at 30 November 2024:

  • The median value for Houses in Cranbourne West is $724,425 while the median value for Units is $540,367.
  • Houses have a median rent of $575 while Units have a median rent of $540.
There are currently 41 properties listed for sale, and 22 properties listed for rent in Cranbourne west on OnTheHouse. According to CoreLogic's data, 402 properties were sold in the past 12 months in Cranbourne west.

The size of Cranbourne West is approximately 11.8 square kilometres. It has 23 parks covering nearly 10.1% of total area. The population of Cranbourne West in 2011 was 8,743 people. By 2016 the population was 15,046 showing a population growth of 72.1% in the area during that time. The predominant age group in Cranbourne West is 30-39 years. Households in Cranbourne West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne West work in a trades occupation. In 2011, 72.3% of the homes in Cranbourne West were owner-occupied compared with 76% in 2016.

Suburb Insights for CRANBOURNE WEST 3977

Market Insights
Cranbourne West Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Cranbourne West Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 15,046

0-9

 

20%

10-19

 

12%

20-29

 

17%

30-39

 

22%

40-49

 

13%

50-59

 

9%

60-69

 

5%

70-79

 

2%

80-89

 

1%

Household Structure
Occupancy

Last Updated: 19/12/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.