Profile for Cranbourne North

3977

Cranbourne North is located 41 km south-east of the CBD. Cranbourne North is a new suburb that features a young population predominately comprised of families. It is currently undergoing significant population growth on the tail of the rapid residential development. The suburb features a number of parks and reserves including Merinda Park as well as the Cranbourne Golf Club and the Thompson Parkway Shopping Centre. A high proportion (26%) of the suburb's labour force are employed in the manufacturing sector.

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Recent Sales & Auction Results in Cranbourne North

Address Price Type Method Sale Date Agent
Property List
8 Axel Wlk, Cranbourne north 2 Townhouse (Res) Private Sale 18/03/2024 OBrien Real Estate

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$718k

Metro Melbourne

$929k

Quarterly Price Change

1.4%

Metro Melbourne

2%

Median Rent

$530

Metro Melbourne

$550

Rental Yield

3.9%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 75.3%
Days on Market 35 40
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $920,000
3 Bedrooms $655,000 $810,000
4 Bedrooms $775,875 $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $550
3 Bedrooms $490 $520
4 Bedrooms $565 $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$505k

Metro Melbourne

$630k

Annual Price Change

n/a

Metro Melbourne

-1.6%

Median Rent

$450

Metro Melbourne

$520

Rental Yield

4.6%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 75.3%
Days on Market 35 40
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms n/a $600,000
3 Bedrooms n/a $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $450
2 Bedrooms n/a $540
3 Bedrooms n/a $620

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