How Much is My Home Worth in Cranbourne North?
The median price for a house in Cranbourne North is $562,000 as of June 2, 2020. A median-priced unit is $415,000. There has been 354 homes and 11 units sold this year. The annual capital growth for homes is 6.31% and units is 4.97%. The 12-month capital growth is -2.56% on houses and 3.75% for units. The DSR rating has houses as good and units or apartments at above average. This translates to being a good market place for investors. Demand is ahead of supply Vendors are usually getting the price they are asking for. If you make a property investment the capital growth should stay ahead of the national average. It takes 61 days to sell a house in Cranbourne North.
House prices and rent returns in Cranbourne North.
- 2 bedroom home $450,000 Rent per week No Data
- 3 bedroom home $536,500 Rent per week $370
- 4 bedroom home $630,000 Rent per week $420
Unit prices and rent returns in Cranbourne North.
- 2 bedroom unit No Data Rent per week $330
- 3 bedroom unit No Data Rent per week $348
The gross rental yield for houses is 3.65% and for units, it is 4.32%.
Free Real Estate Appraisal Cranbourne North
Want to know the value of your property? Our sales consultants provide free appraisals on land, houses and units. We value the worth of a home by its location to shops, public transport, schools and current sales history. All properties are different and we have a database of potential buyers. Once we present the appraisal we will sit down with the owner and show them how we arrived at our final price.
Rental Appraisal Cranbourne North
Thinking of renting your current home or investment property? Our property managers currently lease over 3500 properties. We talk with the landlord to determine the type of tenant they prefer and if the rental is short term or long term. We have a list of tenants ready to move into houses and units. Placing the right tenant is critical. We have a zero policy on rent in arrears. And, we manage all maintenance issues. Finally, landlords are provided with full tax accounting paperwork.
Cranbourne Suburb Profile
Recent Sold Homes in Cranbourne North
View our list of recently sold homes in Cranbourne North. Our database of sales shows houses and units sold in the past year.
Lifestyle in Cranbourne North
Cranbourne North is a south-eastern suburb of Melbourne that is 41 kilometres from the CBD. To the north is the Casey Central Shopping Centre. On the south east corner is the South Gippsland Highway. Neighbouring suburbs include Lyndhurst and Cranbourne. There is the Hilltop Nature reserve and the Cranbourne Golf Club.
Schools in Cranbourne North
There are 2 schools in Cranbourne North.
- Alkira Secondary College Co-educational
- St Theresa’s Primary School Co-educational