How Much is My Home Worth in Cranbourne West?
On March 28, 2019, the median price for a house in Cranbourne West is $515,000. A median-priced unit is $403,000. There have been 299 houses and 4 units sold this year. The annual capital growth for homes is 8.00% and units is 13.05%. The 12-month capital growth is 5.88% on houses and 2.93% for units. The DSR rating has houses as good. This translates to there being more demand than supply. Vendors are usually getting the price they are asking for. As an investment expect the capital growth to trend ahead of the national average.
House prices and rent returns in Cranbourne West.
- 3 bedroom home $500,000 Rent per week $360
- 4 bedroom home $550,000 Rent per week $418
The gross rental yield for houses is 3.76%. It take on average 42 days to sell a house.
Free Real Estate Appraisal Cranbourne West
Thinking of selling your home in Cranbourne West? We provide free real estate and property appraisals on houses, units and land. In the last year, we have sold 84 properties in Cranbourne West. Collectively we have sold over 440 properties in Cranbourne, Cranbourne East, Cranbourne North and Cranbourne South. We know the market value of property in this region. Our appraisers base their final property price on location to schools, shops, amenities and transport.
Rental Appraisal Cranbourne West
Do you have an investment property or your existing house you want to rent? Our property management team currently manage over 3600 houses and units. We provide free and accurate appraisals as to your expected weekly rent returns. We show you how we determine our value. We have a very large database of tenants wishing to occupy homes in Cranbourne West. This can save you money on not having to advertise the rental property.
All our tenants are vetted for security purposes. We work closely with all our landlords and maintain the standards set out by the Residential Tenancies Act.
Cranbourne Suburb Profile
Recent Sold Homes in Cranbourne West
View our list of recently sold homes in Cranbourne West. Our database of sales shows houses and units sold in the past year.
Lifestyle in Cranbourne West
Cranbourne West is located 40 kilometres from the CBD of Melbourne. For health and fitness you will find Casey Race. This is an aquatic and recreation centre that has a gym, pool, spa, sauna and qualified child care. In the south is the Ranfurlie Golf Club. On the eastern border are the Merinda Park and Cranbourne train stations. Also to the south east is the Cranbourne Royal Botanical Gardens.
Schools in Cranbourne West
There is 1 school in Cranbourne West. However, there are 15 schools located in Cranbourne.
- Cranbourne West Primary School
- Casey Grammar School Co-educational
- Lyndhurst Secondary College Co-educational
- Rangebank Primary School Co-educational