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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Median data for June Quarter 2022. Click here for details.

Median Sale Price

$700k

Metro Melbourne

$1.08m

Quarterly Price Change

3%

Metro Melbourne

-2.9%

Median Rent

$450

Metro Melbourne

$490

Rental Yield

3.5%

Metro Melbourne

2.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 70.7%
Days on Market 18.5 34
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $1,075,000
3 Bedrooms $643,000 $947,000
4 Bedrooms $720,000 $1,200,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms $420 $460
4 Bedrooms $475 $525

Median data for June Quarter 2022. Click here for details.

Median Sale Price

n/a

Metro Melbourne

$681k

Annual Price Change

n/a

Metro Melbourne

3.2%

Median Rent

n/a

Metro Melbourne

$420

Rental Yield

n/a

Metro Melbourne

3.2%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 70.7%
Days on Market 18.5 34
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $390,000
2 Bedrooms n/a $630,000
3 Bedrooms n/a $880,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $340
2 Bedrooms n/a $425
3 Bedrooms n/a $540

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