Cranbourne Real Estate
Cranbourne suburb review
This lush South Eastern suburb is popular with both young and old, boasting a wide range of activities and amenities on its doorstep.
A popular area for growing and established families, Cranbourne is home to a range of primary and middle schools, providing many options as the kids grow. Centrally located Merinda Park additionally provides options for outgoing, energetic kids including a skating and BMX bowl.
The area’s Cranbourne Park Shopping Centre, recently undergoing a large-scale transformation, has expanded, offering more choice for shoppers than ever, providing endless options for shopping and amenities in the area.
The green suburb also lends itself perfectly to outdoor pursuits. In the south is the Royal Botanic Gardens, one of Victoria’s most protected areas of native bushland. Outdoor lovers can explore the untouched native wildlife, including exhibition gardens and even bird and animal life that now call the Gardens their home. The iconic Trig Point Lookout provides a 360 view of Southern Eastern Victoria, ranging as far as Mount Macedon
Cranbourne is also a popular suburb for older couples looking for a high quality of life, with amenities on their doorstep as well as a strong sense of community. Lawn bowls and free health walks are just some of the local activities on offer for residents who are looking to get involved with the community.
Fitness and golf enthusiasts will be pleased to learn Cranbourne has a range of clubs and activities at their doorstep. The Cranbourne Racecourse & Recreation Reserve, Cranbourne Golf Club, Amstel Golf Club (over two locations) and an indoor swimming pool.
Property values in Cranbourne have increased surely and steadily over the last five years, making Cranbourne a considered investment. The median house prices sit around the $250,000 mark for a two-bedroom house. Three bedroom properties are likely to price approximately around $300,000. Renters in the area can expect to pay anywhere starting from $280 per week, depending on how many bedrooms.
Cranbourne is particularly popular with families and older couples, making it an ideal place for a long-term investment or home.