ABS 2021 Census · Updated 31 March 2026
Cranbourne North is a regional centre in Victoria, Australia, with a population of approximately 24,683, making it a sizeable community. Located approximately 42 km from the Melbourne CBD, Cranbourne North is a regional area in Victoria. The median household income is $100,932 AUD per year (ABS 2021 Census).
Cranbourne North benefits from a high-income resident base, supporting premium property pricing. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.
Map shows Cranbourne North, Victoria, Australia.
Official Australia Post postcode for Cranbourne North. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 6 schools within or near this suburb based on ABS 2021 data.
Find schools near Cranbourne North on My School →Estimated 10 parks and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data →As a regional centre, Cranbourne North serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $385/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,900/month. A median household income of $100,932/year supports premium property values and indicates a well-employed resident base. 92% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
Holding property in Cranbourne North over the medium term may deliver steady, if unspectacular, returns.
Rental yields in Cranbourne North are moderate — screen for properties that offer above-average returns.
Renovation or flip strategies in Cranbourne North face headwinds from a smaller buyer pool and slower turnover.
Run the numbers on a Cranbourne North property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital growth in Cranbourne North may remain subdued in 2026, with limited demand drivers in the near term. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Investor sentiment is cautiously optimistic — selective opportunities exist for well-researched buyers.
Cranbourne North is a regional area in Victoria with a population of 24,683. The median rent is $385/week and the median household income is $100,932/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Cranbourne North include regional employment hubs, lifestyle, and affordability. 92% of dwellings are separate houses. The area has approximately 6 schools and 10 parks nearby.
According to the ABS 2021 Census, Cranbourne North has a population of approximately 24,683. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Cranbourne North is approximately 42 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.