Real Estate Cranbourne North Vic 3977

Cranbourne North: Large, shopping, parks, Melbourne

Housing Market in Cranbourne North

Key Cranbourne North Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Melbourne	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$612	Top 45%	241% to Dec 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Cranbourne North

Cranbourne North Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Field	Value	VS Melbourne	Trend
Development applications	63.1	Top 19%	203% to Jun 2025
Developments	0.3	Bottom 26%	Data for Jul 2023
Housing Stock Quality Indicator	45.1	Top 16%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	6 lots	Top 40%	25% to Apr 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	27	Top 2%	1250% to Dec 2025

Housing Stock Quality in Cranbourne North

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Melbourne	Trend
Houses	95.1%	Bottom 27%	0% to Jan 2021
Average bedrooms - all homes	3.3	Top 4%	9% to Jan 2021
NBN connection: fibreoptic cable to node	24.0%	Top 11%	Data for Jun 2023

Development Restrictions in Cranbourne North

Cranbourne North Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Field	Value	VS Melbourne	Trend
Total area	15.0 sq km	Top 40%	Data for Jan 2021
Heritage overlay total area	0.0 sq km	Top 46%	Data for Jun 2023
Residential density	652 sqm per resident	Bottom 35%	Data for Jan 2021

Risk in Cranbourne North

Cranbourne North Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Field	Value	VS Melbourne	Trend
% Owner Occupied	78.5%	Bottom 14%	1% to May 2023
% Rentals	21.5%	Top 14%	4% to May 2023
Housing Affordability Index	40	Top 28%	Data for Jun 2023
Median monthly mortgage	$2,010	Top 45%	17% to May 2023
Rent Affordability Index (Houses)	78	Bottom 49%	Data for Jun 2023
Rent Affordability Index (Units)	73	Bottom 32%	Data for Jun 2023
Mortgage as a percent of income	22.5%	Top 48%	11% to Jan 2021
Mortgaged Dwellings	63.7%	Top 5%	12% to May 2023

Housing Demand in Cranbourne North

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030

Field	Value	VS Melbourne	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	12300	Top 49%	2% to Dec 2036
Historical Population (SA3)	250000	Top 1%	227% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	483000	Top 1%	168% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Cranbourne North

Cranbourne North Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Melbourne	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$469	Top 42%	153% to Dec 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	72.9%	Top 38%	8% to Dec 2025

Realtors (1)

Headline	Place	Datetime
Only Estate Agents Cranbourne	Shop 3 2 William Thwaites Bvd

Planning Applications: Other (61)

Headline	Place	Date
Display of Business Identification Signage (Electronic Major Promotion Sky Sign and Internally Illuminated Sign) - Casey City Council PA25-0702	1035 South Gippsland Highway Cranbourne North VIC 3977	22 Nov 2025
Section 32 (Strata Plan - To remove Common Property from SP30769K) - Casey City Council PA25-0417	2 Mulberry Court Cranbourne North VIC 3977	12 Sep 2025
Use and Development of Two Indoor Recreation Facilities (Children's Play Centre and Gymnasium), One Restricted Retail Premises (Warehouse/Showroom), Reduction in Car Parking Requirements and Create Access to a Road in a Road Zone Category 2 - Casey City Council PA25-0539	1471 Thompsons Road Cranbourne North VIC 3977	30 Aug 2025
Use and Development of a Warehouse, ancillary Office and associated Car Parking - Casey City Council PA25-0449	1545 Thompsons Road Cranbourne North VIC 3977	22 Aug 2025
Use and Development of a Warehouse, ancillary Office and associated Car Parking - Casey City Council PA25-0483	1545 Thompsons Road Cranbourne North VIC 3977	16 Aug 2025

Planning Applications: Dwellings (30)

Headline	Place	Date
VICSMART - Development of Two Dwellings and Two Lot Subdivision - Casey City Council VS25-0207	15 Rachel Drive Cranbourne North VIC 3977	31 Oct 2025
Use and development of a restricted retail premises (homemaker centre) and an indoor recreation facility (gym), construction of a warehouse and a reduction in bicycle parking provision. - Casey City Council PA25-0571	1455 Thompsons Road Cranbourne North VIC 3977	23 Oct 2025
Development of a Second Dwelling and Alterations and Additions to the Existing Dwelling - Casey City Council PA25-0504	10 Phillip Court Cranbourne North VIC 3977	27 Aug 2025
Development of a Second Dwelling and Removal of Native Vegetation - Casey City Council PA25-0432	2 Phillip Court Cranbourne North VIC 3977	29 Jul 2025
VICSMART - Development of Additions to an existing Dwelling (Pergola) - Casey City Council VS25-0057	2 Arapiles Street Cranbourne North VIC 3977	27 Mar 2025

Planning Applications: Industrial (9)

Headline	Place	Date
Use and development of a restricted retail premises (homemaker centre) and an indoor recreation facility (gym), construction of a warehouse and a reduction in bicycle parking provision. - Casey City Council PA25-0571	1455 Thompsons Road Cranbourne North VIC 3977	23 Oct 2025
Use and Development of Two Indoor Recreation Facilities (Children's Play Centre and Gymnasium), One Restricted Retail Premises (Warehouse/Showroom), Reduction in Car Parking Requirements and Create Access to a Road in a Road Zone Category 2 - Casey City Council PA25-0539	1471 Thompsons Road Cranbourne North VIC 3977	30 Aug 2025
Use and Development of a Warehouse, ancillary Office and associated Car Parking - Casey City Council PA25-0449	1545 Thompsons Road Cranbourne North VIC 3977	22 Aug 2025
Use and Development of a Warehouse, ancillary Office and associated Car Parking - Casey City Council PA25-0483	1545 Thompsons Road Cranbourne North VIC 3977	16 Aug 2025
Development of a Warehouse, Ancillary Office and Reduction in Carparking Requirements - Casey City Council PA25-0067	1475 Thompsons Road Cranbourne North VIC 3977	02 Apr 2025

Median House Rental Prices by Street (100)

Street	Date	Median rent (per week)
Fieldstone Cr	06 Dec 2025	$672
Filomena Ct	06 Dec 2025	$580
Evergreen Ct	06 Dec 2025	$654
Gipps Cr	06 Dec 2025	$538
Frances Cr	06 Dec 2025	$606

Median House Sale Prices by Street (76)

Street	Date	Median sale value
Abrus Cct	06 Dec 2025	$763,200
Alisma Bvd	06 Dec 2025	$801,300
Allambi Ct	06 Dec 2025	$873,600
Amburla Dr	06 Dec 2025	$731,800
Ascent Dr	06 Dec 2025	$983,900

Median Unit Sale Prices by Street (5)

Date	Median sale value	Street
06 Dec 2025	$642,200	Cherryplum Ct
06 Dec 2025	$591,900	Elizabeth St
06 Dec 2025	$548,600	Endeavour Dr
06 Dec 2025	$535,200	Phelan Dr
06 Dec 2025	$3,361,000	Thompsons Rd

LGA Details (1)

Headline	Place	Datetime
Local government area	Casey

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
72.2%	Strzelecki Ct	average turnover	Every 13.8 years (average turnover)	2025
27.3%	Mcmillan Ct	very tightly held	Every 36.7 years (very tightly held)	2025
63.6%	Mullein Bend	quite tightly held	Every 15.7 years (quite tightly held)	2025
60.0%	Penelope Cl	quite tightly held	Every 16.7 years (quite tightly held)	2025
104.5%	Andrea Cr	very high turnover	Every 9.6 years (very high turnover)	2025

Businesses (50)

Name	Address
TORCON CARPENTRY	Waverley Park Dr, Cranbourne North VIC 3977, Australia
123 tiling and stone pty ltd	5 Aspera Pl, Cranbourne North VIC 3977, Australia
Chris Newman Electrics	8 Bartolo Ct, Cranbourne North VIC 3977, Australia
Elect Select Electrical	2 Jenny Ct, Cranbourne North VIC 3977, Australia
DCW Electrical Pty Ltd Air conditioning & Electrical Services	2 Karawarra Cct, Cranbourne North VIC 3977, Australia

Percent of Renters by Street (100)

Percent of Renters	Street
65.5%	Noorat Pl
7.0%	Norford Ct
66.1%	Nurture Ave
54.1%	Oates Ct
100.0%	Ogle None

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
88 Hoysted Ave	$820,000	4.0	2.0	2.0	04 Dec 2025	On Market
7 Walden Ct	$1,060,000	4.0	2.0	2.0	03 Dec 2025	On Market
39 Renlik Circuit	$522,500	2.0	1.0	1.0	02 Dec 2025	On Market
48 Linden Tree Way	$707,000	3.0	2.0	2.0	01 Dec 2025	On Market
19 Brolin Terrace	Price Withheld	3.0	2.0	2.0	01 Dec 2025	On Market

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 11, 7-9 Elizabeth St	$500	3.0	1.0	2.0	31 Oct 2025
Unit 11, 7-9 Elizabeth St	$500	3.0	1.0	2.0	31 Oct 2025
Unit 11, 7-9 Elizabeth St	$500	3.0	1.0	2.0	31 Oct 2025
Unit 11, 7-9 Elizabeth St	$500	3.0	1.0	2.0	31 Oct 2025
Unit 11, 7-9 Elizabeth St	$500	3.0	1.0	2.0	31 Oct 2025

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
9 Vincent Ct	$500	3	2	2	05 Dec 2025
27 Ogle Way	$570	4	2	2	03 Dec 2025
27 Ogle Way	$570	4	2	2	03 Dec 2025
8 Nelse St	$600	3	2	2	02 Dec 2025
12 Renlik Circuit	$575	3	2	2	28 Nov 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
33 Zeta Circuit	$550,000	3.0	2.0	1.0	12 Nov 2025	On Market
33 Zeta Circuit	$550,000	3.0	2.0	1.0	12 Nov 2025	On Market
33 Zeta Circuit	$550,000	3.0	2.0	1.0	12 Nov 2025	On Market
33 Zeta Circuit	$550,000	3.0	2.0	1.0	12 Nov 2025	On Market
33 Zeta Circuit	$550,000	3.0	2.0	1.0	12 Nov 2025	On Market

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