Cranbourne North
VICCranbourne North is a declining suburb in VIC with 24,683 residents.
- SAL code
- 20664
- SA2
- 212031560
- Population
- 24,683
Cranbourne North, VIC had 24,683 residents at the 2021 Census, with the broader statistical area roughly steady over the last five years. The predominant age group is 5-14 years, and the median age sits at 32. Households are most often couples with children, and those with a mortgage repay a median of $1,900 a month. Around 72.2% of homes are owner-occupied, with the largest single tenure being owned with a mortgage at 56.4%. Most dwellings are separate houses, making up 95.1% of the suburb's housing stock. The suburb has 38 parks and reserves mapped within its boundary. Source: ABS Census 2021 and Estimated Resident Population, with amenity counts from state Open Data and OpenStreetMap.
Suburb analysis
Cranbourne North, VIC at a glance
Cranbourne North is a large outer south-east growth-corridor suburb ~45 km from Melbourne CBD in the City of Casey. Most stock is post-2000 brick-and-tile family housing across estates like The Avenue, Hunt Club and Berwick Waters, with a heavy 3-4 bed owner-occupier feel. The data tiles below cover the demographic baseline; this card adds the live market + lifestyle context.
For homebuyers
Cranbourne North reads as classic outer-Melbourne master-planned living: estate streets, double-garage 3-4 bed houses, neighbourhood parks within walking distance of most homes, and shopping concentrated at Thompson Parkway, Hunt Club Central and the larger Casey Central a few minutes south. The Cranbourne train line terminates at Cranbourne station (~5 min drive), with Merinda Park station closer for some pockets — Flinders Street is ~70-80 minutes peak. Schools include Cranbourne Park Primary, Hillcrest Christian College and Lighthouse Christian College, with Casey Grammar and St Peter's College Clyde North in the broader catchment. Casey Race aquatic centre and the Royal Botanic Gardens Cranbourne are close anchors. Monash Freeway access is via Thompsons Road, and the Thompsons Road duplication has cut peak congestion materially. In short: a practical, car-oriented family suburb with newer housing, good local shopping, and rail access — best for buyers who value space and amenity over inner-suburb walkability.
For investors
Cranbourne North is a high-volume, modest-yield growth-corridor market. Median house sale ~$720,000 against ~$520/week rent gives a ~3.75% gross yield; units ~$510,000 with ~$470/week rent run closer to 4.8% (Your Investment Property April 2026). 12-month house growth +2.4%, sitting flat after the 2021-22 run-up. Roughly 380 house sales in the last 12 months — deep, liquid stock. Days-on-market ~38 for houses, ~45 for units; vacancy ~1.6% (SQM March 2026).
Strengths
- Deep, liquid market (~380 house sales in 12 months) — easy entry and exit at scale.
- Tight rental market with ~1.6% vacancy (SQM March 2026) supports rent-renewal leverage.
- Newer housing stock (most built post-2000) keeps maintenance capex low through the early hold years.
- Train line terminus at Cranbourne plus Thompsons Road duplication anchor commuter demand.
Trade-offs
- Gross yields ~3.75% on houses are below the Melbourne metro median — not a cashflow play.
- Capital growth has stalled at +2.4% YoY (Your Investment Property April 2026) after the 2021-22 surge.
- City of Casey approved over 3,400 new dwellings in 2024-25 across Clyde, Clyde North and Cranbourne East — meaningful nearby supply pressure on rents and resale into 2027.
- Days-on-market ~38 days reflects buyer choice, not scarcity — pricing discipline matters.
What's coming
Casey Council's 2025/26 Capital Works program includes upgrades along the Cranbourne North-Clyde North corridor: Thompsons Road and Berwick-Cranbourne Road intersection works, ongoing pavilion and reserve upgrades, and continued delivery against the Cranbourne Activity Centre Structure Plan. Broader Suburban Rail Loop and Clyde rail extension planning sit further out but shape the medium-term commuter story.
Bottom line
For homebuyers: a roomy, newer-housing family suburb with rail access and strong local shopping if you can live with the commute. For investors: a deep, stable rental market with modest yield and supply-pressured growth — a hold-and-rent play, not a yield or capital-gain rocket.
Population
?24,683
Suburb · Census 2021
5-Year Growth
-0.1%
3yr: +2.9% · 10yr: +0.9%
SA2 · 5yr
Household Income
$1,941/wk
Suburb · Census 2021 median
Median Age
32
Suburb · Census 2021
Socio-Economic Index
?2/10
SA2 · more disadvantaged
Unemployment
?8.1%
SA2 · Q4 2025
Schools
3
2 primary, 1 secondary
Hospitals
No data for this suburb
Childcare services
?18
13 long day, 5 OSHC
Parks & green space
?38
Parks, reserves
Transport stops
?87
GTFS stops
Dwelling approvals
No data for this suburb
Median House Sale Price
Source: Valuer-General Victoria (suburb-level quarterly medians).
→ Calculate stamp duty on this suburb's median price→ Estimate mortgage repayments
Safety & Crime
2025 Q4Reported incidents from VIC police. Offence rates may not reflect all crime.
Population over time — Cranbourne North - West (SA2)
ABS publishes annual estimates only at SA2; Cranbourne North suburb alone is ~24,683 (Census 2021).
Source: ABS ERP (latest release · 2025) · Census 2021. Numbers refreshed quarterly.
Growth at a Glance
Population grew from 9,863 to 12,313 over 24 years, averaging 0.9% per year.
Schools
5 in suburbSector
4 public · 1 private
Type
3 primary · 2 secondary
Total enrolment
5,565
Avg per school
1,113
Government school catchment
Catchment data is not yet available for VIC.
Source when available: Victorian Department of Education / Vicmap School Zones.
Profile
Census snapshot
Housing
Public housing 1.1%Almost entirely detached houses (95.1%), owner-occupied (72.2%), built for families (47% are 4 bed).
Dwelling mix
Tenure
VIC 29%
Number of bedrooms
Bushfire risk
Source: VIC DTP Designated Bushfire Prone Area
As of Apr 2026
Overlap is the percentage of the suburb's land area inside the mapped bushfire polygons. Always verify the exact property address with the relevant authority before making decisions.
Flood risk
Source: VIC DTP Vicmap Planning Overlay (flood codes)
As of Apr 2026
Overlap is the percentage of the suburb's land area inside the mapped flood polygons. Always verify the exact property address with the relevant authority before making decisions.
Planning zones
15 zones in suburb| Code | Zone | % covered | Area |
|---|---|---|---|
| GRZ1 | General Residential Zone Schedule 1Residential | 59.3% | 6.07 km² |
| UGZ5 | UGZ5Other | 14.0% | 1.44 km² |
| UGZ10 | UGZ10Other | 5.6% | 0.57 km² |
| C2Z | Commercial 2 ZoneBusiness | 4.3% | 0.44 km² |
| GRZ2 | General Residential Zone Schedule 2Residential | 4.2% | 0.43 km² |
| PPRZ | Public Park and Recreation ZoneRecreation | 3.4% | 0.35 km² |
| TRZ2 | TRZ2Special use | 2.7% | 0.28 km² |
| UFZ | Urban Floodway ZoneWaterway | 1.8% | 0.19 km² |
| PCRZ | Public Conservation and Resource ZoneEnvironmental | 1.0% | 0.10 km² |
| RGZ2 | Residential Growth Zone Schedule 2Residential | 0.9% | 0.09 km² |
| FZ2 | Farming Zone Schedule 2Rural | 0.8% | 0.08 km² |
| PUZ2 | Public Use Zone Schedule 2Special use | 0.6% | 0.06 km² |
| PUZ6 | Public Use Zone Schedule 6Special use | 0.4% | 0.05 km² |
| C1Z | Commercial 1 ZoneBusiness | 0.4% | 0.04 km² |
| PUZ1 | Public Use Zone Schedule 1Special use | 0.3% | 0.03 km² |
Source: VIC DTP Vicmap Planning Zones (ZONE_VIC/2026-04-29/08783d2926383881) · As of Apr 2026. Zone boundaries are amended periodically; verify the exact property with the relevant council before relying on permitted use.