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	$583	Top 49%	206% to Mar 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

Cranbourne North

29.6%

Melbourne

28.8%

Compare
Suburbs

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	40	Top 3%	1233% to Feb 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

Cranbourne North

40.4%

Melbourne

36.9%

Compare
Suburbs

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

Cranbourne North

51.5

Melbourne

49.7

Compare
Suburbs

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

Cranbourne North

90.8%

Melbourne

82.9%

Compare
Suburbs

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	$488	Top 46%	248% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	61.1%	Bottom 22%	23% to Mar 2025

LGA Details (1)

Headline	Place	Datetime
Local government area	Casey

Median House Rental Prices by Street (100)

Level_0	Street	Date	Median rent (per week)
114876	Frances Cr	13 Mar 2025	$567
114886	Freshfields Dr	13 Mar 2025	$650
114931	Gipps Cr	13 Mar 2025	$525
114888	Frogmore Ln	13 Mar 2025	$600
114651	Dellinea St	13 Mar 2025	$550

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
71.9%	Waterways Dr	average turnover	Every 13.9 years (average turnover)	2025
95.3%	Wilkiea Cr	high turnover	Every 10.5 years (high turnover)	2025
88.9%	Denham Cr	high turnover	Every 11.2 years (high turnover)	2025
69.8%	Datura Ave	average turnover	Every 14.3 years (average turnover)	2025
57.1%	Filbert Ct	quite tightly held	Every 17.5 years (quite tightly held)	2025

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Kent Ct	10 May 2024	$632,500
Lachlan Cl	10 May 2024	$613,400
Lansell Dr	10 May 2024	$658,900
Lawless Dr	10 May 2024	$736,000
Kindred Ave	10 May 2024	$784,000

Realtors (1)

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

Percent of Renters by Street (100)

Percent of Renters	Street
60.2%	Abrus Cct
81.7%	Agathis Ally
73.3%	Aileron Ally
92.1%	Ajuga Ln
18.4%	Alamanda Way

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
8 Fosters Ct	Price Withheld	4.0	2.0	3.0	04 Mar 2025	On Market
9 Karlson Way	$735,000	3.0	2.0	2.0	03 Mar 2025	On Market
29 Shanahans Dr	$885,000	4.0	2.0	2.0	03 Mar 2025	On Market
3 Arnott St	Price Withheld	3.0	2.0	2.0	26 Feb 2025	On Market
21 Forsyth Ct	Price Withheld	4.0	2.0	2.0	25 Feb 2025	On Market

Planning Applications: Dwellings (28)

Headline	Place	Date
Development of a Second Dwelling and Two Lot Subdivision - Casey City Council PA25-0061	15 Rachel Drive Cranbourne North VIC 3977	22 Feb 2025
Amendment to Planning Permit PlnA00061/20 (Development of Two Dwellings) - Casey City Council PPA24-0098	67 Endeavour Drive Cranbourne North VIC 3977	28 Aug 2024
Proposed Double Storey Units, Double Garages and Two Lot Subdivision. - Casey City Council PA24-0387	6 Lachlan Close Cranbourne North VIC 3977	25 Jul 2024
Amendment to Planning Permit PA22-0820 (Development of a Second Dwelling, Alterations and Additions to an existing Dwelling and Two Lot Subdivision) - Casey City Council PPA24-0078	56 Endeavour Drive Cranbourne North VIC 3977	29 Jun 2024
Amendment to Planning Permit PlnA00187/20 (Use and Development of a Retirement Village, Residential Aged Care Facility, Creation of Access to a Road in a Road Zone Category 1 and Two Lot Subdivision) - Casey City Council PPA24-0018	98 Mannavue Boulevard Cranbourne North VIC 3977	02 Mar 2024

Planning Applications: Other (49)

Headline	Place	Date
Use of Premises for Domestic Animal Business (Training/Rehabilitation) including Retail - Casey City Council PA25-0056	1455 Thompsons Road Cranbourne North VIC 3977	14 Feb 2025
Display of Internally Illuminated Promotional Signage (Bus Shelter 18119) - Casey City Council PA24-0612	16 Phillip Court Cranbourne North VIC 3977	25 Oct 2024
Buildings and Works & Display of Illuminated Business Identification Signage - Casey City Council PA24-0449	315 Narre Warren Road Cranbourne North VIC 3977	25 Aug 2024
Proposed Double Storey Units, Double Garages and Two Lot Subdivision. - Casey City Council PA24-0387	6 Lachlan Close Cranbourne North VIC 3977	25 Jul 2024
Section 35(8) (Sub of land vested or reg in auth) - 1 Lot - Casey City Council SubA00109/24	101 Alisma Boulevard Cranbourne North VIC 3977	25 May 2024

Planning Applications: Industrial (4)

Headline	Place	Date
Development of Five Warehouses with associated Mezzanines and Reduction in Car Parking Requirements - Casey City Council PA24-0680	1475 Thompsons Road Cranbourne North VIC 3977	28 Nov 2024
Amendment to Planning Permit PA21-1127 (Development and Use of 37 Warehouses, ancillary Offices, Seven Storage Units and associated Car Parking) - Casey City Council PPA24-0050	1455 Thompsons Road Cranbourne North VIC 3977	28 Apr 2024
Amendment to Amended Planning Permit PPA21-0087 (• Six Lot Subdivision • Use and Development of a Service Station • Buildings & Works (Associated with Car Wash & Warehouses) • Car Parking Reduction • Advertising Signage • Create and Alter Access to a Road in a Transport Zone 2 • Subdivide Land Adjacent to a Road in a Transport Zone 2) - Casey City Council PPA23-0190	1475 Thompsons Road Cranbourne North VIC 3977	07 Dec 2023
Use and Development of 19 Warehouses, Car Was Facility, Reduction in Car Parking Requirements and Removal of Native Vegetation - Casey City Council PA23-0137	1585S Thompsons Road Cranbourne North VIC 3977	26 Mar 2023

Median Unit Sale Prices by Street (47)

Date	Median sale value	Street
10 May 2024	$437,500	Endeavour Dr
10 May 2024	$495,000	Elizabeth St
10 May 2024	$650,000	Strzelecki Ct
10 May 2024	$479,500	Zeta Cct
10 May 2024	$470,000	Cook Ct

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
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
Ausceylon	73 Trillium Bvd, Cranbourne North VIC 3977, Australia

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 6, 22 Bronson Circuit	$575	3	2	2	06 Mar 2025
132 Sabel Dr	$550	3	2	2	06 Mar 2025
Unit 6, 22 Bronson Circuit	$575	3	2	2	06 Mar 2025
31 Wilkiea Cr	$615	4	2	2	05 Mar 2025
11 Sagan Dr	$650	4	2	2	05 Mar 2025

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 2, 14 Phelan Dr	$420	2.0	1.0	1.0	07 Feb 2025
Unit 2, 14 Phelan Dr	$420	2.0	1.0	1.0	07 Feb 2025
Unit 7, 139 Endeavour Dr	$440	2.0	1.0	1.0	31 Jan 2025
Unit 7, 139 Endeavour Dr	$440	2.0	1.0	1.0	31 Jan 2025
Unit 7, 139 Endeavour Dr	$440	2.0	1.0	1.0	31 Jan 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
101 Endeavour Dr	$501,000	3.0	1.0	2.0	12 Feb 2025	On Market
101 Endeavour Dr	$501,000	3.0	1.0	2.0	12 Feb 2025	On Market
101 Endeavour Dr	$501,000	3.0	1.0	2.0	12 Feb 2025	On Market
14 Rocket Ln	Price Withheld	2.0	2.0	0.0	03 Feb 2025	On Market
14 Rocket Ln	Price Withheld	2.0	2.0	0.0	03 Feb 2025	On Market

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