Frankston City Council
Cranbourne East
Cranbourne East at a glance
Median house
$730,000
Median unit
$525,000
Population
24.7k
Median age 31
The brief
What to know about Cranbourne East.
Cranbourne East (3977) sits in the Frankston region of Victoria. The median house here is $730,000, in line with the Victoria median of around $850K.
Cranbourne East has roughly 24,679 residents, with a young-family demographic. Households are mostly owner-occupied.
Side by side
Compare Cranbourne East with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 639mm. Data comes from the Bureau of Meteorology's Melbourne (Olympic Park) station, 64.9km away.
Schooling within or near the suburb covers 12 government primary, 3 government secondary, 2 Catholic, 2 independent.
Who lives here
Demographics.
The 2021 Census put Cranbourne East's population at 24,679, with a median age of 31. That sits as a young-family demographic. Households are mostly owner-occupied (71% own, 23% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (84% family households, 14% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
24,679
Median age
31
Family households
84%
Lone person
14%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $730,000 on a typical sale, in line with the Victoria median. Units come in around $525,000, roughly 28% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $146,000. Prices are in line with the Victoria median, so the broader state lending settings apply.
Market
The price of a home here.
Median house price
$730,000
+0.0% over the past year. Median unit price $525,000.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$380/wk
Weekly rent (unit)
$400/wk
Owner occupied
71%
Renter occupied
23%
At a deeper level
$730,000
$525,000
24,679
Median age: 31
Free appraisal
What’s your home worth in Cranbourne East?
A local agent who actually sells in Cranbourne East will give you an honest number, backed by recent comparable sales. Free, no commitment to list.
Get property alerts for Cranbourne East
Be the first to know when new listings hit the market.
For investors
Investment overview.
Gross rental yield on houses sits at 2.71% (median rent $380/wk against a $730,000 price tag). Units yield 3.96% gross, often the better cash-flow play for first-time investors. Renter share is modest (23%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.71%
Based on $730,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20263.96%
Based on $525,000 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202671%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
1,067
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Place
Location.
Amenities
Transport
Education
Schools in Cranbourne East.
Local schools for Cranbourne East
View the catchment for each school to find out more.
Government School Catchment
Casey Fields Primary School
Cranbourne East Primary School
Marnebek School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Cranbourne East.
- What is the median house price in Cranbourne East?
- The median house price in Cranbourne East, VIC 3977 is $730,000. The median unit price is $525,000. Annual growth is +0.0%.
- What is the Cranbourne East postcode?
- Cranbourne East is in the 3977 postcode, in VIC, in the Frankston City Council region.
- What is the average rent in Cranbourne East?
- The median weekly rent for houses is $380, for units it's $400.
- What schools are in Cranbourne East?
- There are 20 schools serving Cranbourne East on this page, including St Thomas the Apostle Catholic Primary School, Casey Fields Primary School, Cranbourne East Primary School.
- What suburbs are near Cranbourne East?
- Cranbourne East is close to Junction Village, Clyde, Cranbourne, Clyde North, Botanic Ridge.
- What is the population of Cranbourne East?
- Cranbourne East has approximately 24,679 residents. The median age is 31.
For Sale
For Rent
Cranbourne East
Guides
Surrounding Suburbs
Side by side
Compare Cranbourne East vs a nearby suburb
See median prices, growth, schools, walkability and risk side by side in one view.
Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
Always dated
Every figure on this page carries its source and as-of date in a tooltip. If a figure looks off to you, tell us and we’ll fix it within a week.
No login
No paywall, no sign-up, no download form. The suburb data is the product. We earn from partner brokers and agents on the rare occasion you ask for one.
Want a real human to help with Cranbourne East?
If you’ve looked at the numbers and want someone to talk it through, whether that’s an agent, broker, accountant or conveyancer, we’ll find the right person for your situation. Free, no commitment.
Get connected