Woodards market snapshot
Aug 2026
Cranbourne

Cranbourne Property Market Report

Median House Price

$718,900

Median Unit price

$540,000

Av days on market

16.5 days

AV Rental per week

$505

Cranbourne Demographics

Median age

20-39

Population

21,281

Median rent

$550

Household income

$1,250 - $1,499

Dwelling structure
House
80.06%
Semi-detached or Terrace
16.12%
Flat or Apartment
3.72%
Other
0.10%
Home ownership
Owner Mortgage
40.46%
Rented
33.82%
Owned Outright
23.11%
Other
2.60%
Method of travel to work
Car
69.31%
Train
1.66%
Walk
0.94%
Bus
0.76%
Industry of employment
Technicians and Trade Workers
17.13%
Labourers
14.67%
Machinery Operators and Drivers
12.91%
Community and Personal Service Workers
12.70%

Market Performance

Median sale price
Properties sold
Auction clearance
Av days on market

Median sale price in Cranbourne

Median sale price for houses in Cranbourne is $718,900, up 8.1% from last year.

Median sale price for units in Cranbourne is $540,000, up 8.0% from last year.

Properties sold in Cranbourne

Properties sold for houses in Cranbourne is 436, down 4.6% from last year.

Properties sold for units in Cranbourne is 90, up 5.9% from last year.

Auction clearance in Cranbourne

Auction clearance for houses in Cranbourne is 62.9%, up 0.0% from last year.

Av days on market in Cranbourne

Av days on market for houses in Cranbourne is 19, down 32.1% from last year.

Av days on market for units in Cranbourne is 14, down 36.4% from last year.

Sales data supplied by Domain

Surrounding Suburbs

Cranbourne

$718,900

Sold Properties

Wondering what homes are actually selling for locally? Browse recently sold properties in the area

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