Cranbourne is displaying strong investment fundamentals as of May 2026. With a vacancy rate of just 1%, rental properties in Cranbourne are being absorbed rapidly by tenants — a clear signal of demand significantly exceeding supply. Days on market currently sit at 27 days, indicating buyers are competing actively for available stock.
Steady price growth of 8.7% over the past 12 months indicates a stable market with moderate appreciation. Rental yields of 5.7% provide solid income returns above the national average of approximately 4.5%. Building approvals in the area have declined 10.3% over the past 12 months, limiting future supply and supporting property values.
PropTime's composite model weighs these and 12 additional indicators to produce the 81/100 score — placing Cranbourne among the top-performing suburbs nationally.
Cranbourne is particularly suited to cashflow-focused investors. The 5.7% rental yield is above the national average, offering solid income potential.
Based on PropTime's analysis of 15 demand and supply indicators, Cranbourne scores 81/100 — a Strong Buy signal. Key indicators include a 1% vacancy rate, 5.7% rental yield, and 8.7% price growth over the past 12 months. Create a free PropTime account to see the complete 15-factor breakdown and cashflow calculator pre-filled with Cranbourne data.
The current vacancy rate in Cranbourne is 1%. This is below 1%, indicating very tight rental demand. Properties are being leased quickly and tenants are competing for available rentals.
The gross rental yield in Cranbourne is 5.7%. The Australian national average is approximately 4.5%, so Cranbourne is above average — a positive sign for cashflow investors. Use PropTime's free cashflow calculator to model the full weekly cashflow for Cranbourne.
PropTime's composite model scores Cranbourne at 81/100 as of May 2026. Price growth of 8.7% over the past 12 months reflects current market conditions. Create a free PropTime account to access the full 15-factor analysis for Cranbourne.
Cranbourne scores 81/100 on PropTime. Similar suburbs by score include Pakenham, Berwick, Narre Warren, all within the same VIC market.