Market snapshot
Suburb insights for Cranbourne North3977
Change suburbCranbourne 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.
Recent sales and auction results in Cranbourne North
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 29 Ironwood Av, Cranbourne north | 4 |  | House (Res) | Auction Sale | 28/03/2025 | Area Specialist Casey | View |
| 7 Foxglove Ct, Cranbourne north | 4 |  | House (Res) | Sold Before Auction | 25/03/2025 | LJ Hooker Dandenong | View |
Sales data
Median sale price
$730k
Quarterly price change
1.8%
Metro Melbourne Comparison
$923k
2.7%
| Bedrooms | Cranbourne North | Metro comparison |
|---|---|---|
| 2 | - | $881,200 |
| 3 | $665,000 | $810,000 |
| 4 | $759,250 | $942,350 |
| Insight | Cranbourne North | Metro comparison |
|---|---|---|
| Clearance rate | 78.5% | |
| Days on market | 34 | 42 |
Rental data
Median weekly rent
$580
Rental yield
4.2%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Cranbourne North | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $550 | $550 |
| 4 | $620 | $600 |
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