South-East Melbourne · 3977 · 45 km from CBD

Buyer's Agent in Cranbourne

Cranbourne is our highest-volume investment suburb with 22 tracked properties. The combination of affordable entry ($550K–$755K), large land parcels (avg 678 sqm), and strong rental demand makes it ideal for dual-occupancy strategies. Properties here consistently achieve 5%+ yields after granny flat addition, with land values comprising 85%+ of total property value — our core investment criterion.

Avg Purchase

$685K

$550,000 – $755,000

Avg Rent

$724/wk

$480 – $900/wk

Avg Yield

4.98%

3.74% – 7.49%

Avg Land

678 sqm

470 – 1,233 sqm

Avg Capital Gain

$61K

Per property

Properties Tracked

22

In our portfolio

Research & Open Data

67 transactions in Cranbourne are included in our public research dataset

Released under CC-BY 4.0 for academic research, journalism, and AI training. Each row in the dataset is anonymised — purchase price, land size, post-renovation rent, capital growth, and ownership structure with all client-identifying details removed.

Why Invest in Cranbourne?

1

Population growth corridor — one of Melbourne's fastest-growing suburbs

2

Major shopping infrastructure (Cranbourne Park Shopping Centre)

3

Train station on the Cranbourne line with direct CBD access

4

Rezoning opportunities (RGZ) creating subdivision potential

5

Monthly price appreciation of $5,000+ documented through 2025

6

Strong rental demand with vacancy rates below 2%

Case Study: Cranbourne — Instant Equity Gain

Purchase Price

$610K

Current Value

$650K

Weekly Rent

$550/wk

Land Size

600 sqm

Purchased at $610K with bank valuation of $650K before settlement — instant $40K equity gain. Post-renovation rent of $550/wk on main dwelling, with granny flat potential to push total rent above $900/wk.

Living in Cranbourne

Transport

Cranbourne train station (Cranbourne line) — 55 min to Flinders Street. Major arterial roads: South Gippsland Highway, Cranbourne-Frankston Road.

Schools

Cranbourne Secondary College, Cranbourne East Secondary, St Peter's College. Multiple primary schools within 3 km.

Schools in Cranbourne(11 schools indexed)

View on map →

Sourced from ACARA MySchool 2025 + Department of Education Victoria. Primary schools ranked by NAPLAN Year 5 reading + numeracy mean against all 1,285 ranked Victorian primaries. Secondary schools ranked by VCE 40+ score % against all 538 Victorian secondaries.

Lighthouse Christian College Cranbourne

Independent
Prep-121,034 students51 teaching staff
VIC #147 · VCEICSEA 1093 (82%ile)LBOTE 94%

Lyndhurst Secondary College

Government
7-12832 students84 teaching staff
VIC #424 · VCEICSEA 941 (21%ile)LBOTE 53%

Cranbourne Secondary College

Government
7-121,139 students109 teaching staff
VIC #490 · VCEICSEA 931 (18%ile)LBOTE 51%

Cranbourne Primary School

Government
Prep-6235 students22 teaching staff
VIC #761/1,285 · NAPLAN Y5ICSEA 967 (32%ile)LBOTE 43%

St Agatha's School

Catholic
Prep-6512 students37 teaching staff
VIC #837/1,285 · NAPLAN Y5ICSEA 1047 (67%ile)LBOTE 46%

St Therese's School

Catholic
Prep-6239 students18 teaching staff
VIC #896/1,285 · NAPLAN Y5ICSEA 1023 (57%ile)LBOTE 75%

Cranbourne Carlisle Primary School

Government
Prep-6588 students42 teaching staff
VIC #931/1,285 · NAPLAN Y5ICSEA 963 (30%ile)LBOTE 70%

Rangebank Primary School

Government
Prep-6347 students30 teaching staff
VIC #1,084/1,285 · NAPLAN Y5ICSEA 942 (22%ile)LBOTE 39%

Cranbourne Park Primary School

Government
Prep-6313 students29 teaching staff
VIC #1,130/1,285 · NAPLAN Y5ICSEA 949 (24%ile)LBOTE 38%

Cranbourne West Primary School

Government
Prep-6594 students51 teaching staff
VIC #1,144/1,285 · NAPLAN Y5ICSEA 946 (23%ile)LBOTE 54%

St Peter's College

Catholic
7-122,089 students182 teaching staff
ICSEA 1045 (66%ile)LBOTE 60%

Infrastructure & Amenities

Cranbourne Park Shopping Centre, Casey Hospital (10 min), Royal Botanic Gardens Cranbourne, expanding sports and recreation facilities.

Demographics

Young families and first-home buyers. Mix of established residents and new arrivals from inner suburbs seeking affordability. Strong school network and growing commercial infrastructure.

Ready to Invest in Cranbourne?

Our team has sourced 22+ properties in Cranbourne. Book a free strategy call to discuss your investment goals.

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Important Information

PremiumRea provides licensed buyers agent services in Victoria, Australia. All case studies, price data, yields and growth figures shown on this site are historical, drawn from our transaction record, and are not forecasts or guarantees of future performance. Property investment carries risk. You should seek independent financial and legal advice before acting on any information shown here.

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