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Suburb Insights ยท WA 6321

Cranbrook 6321, Western Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Cranbrook is a regional centre in Western Australia, Australia, with a population of approximately 505, making it a boutique locality. Located approximately 297 km from the Perth CBD, Cranbrook is a regional area in Western Australia. The median household income is $60,632 AUD per year (ABS 2021 Census).

Investment Score

26 / 100 Weak

Lower income levels in Cranbrook typically translate to more affordable entry points for investors. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Cranbrook, Western Australia, Australia.

Key Indicators

Postcode
6321

Official Australia Post postcode for Cranbrook. A postcode may cover multiple suburbs.

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Population
505

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$174/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$60,632/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
297 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$719/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
71% houses

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 โ†’

Investment Insight

As a regional centre, Cranbrook 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 $174/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $719/month.

Investment Strategy

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Buy & Hold

Buy-and-hold in Cranbrook carries higher risk due to limited demand drivers and slower growth fundamentals.

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Rental Yield

Rental yields in Cranbrook tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

Limited buyer depth in Cranbrook makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

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Full Property Analysis

30-year projections for Cranbrook

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Cranbrook may remain subdued in 2026, with limited demand drivers in the near term. The rental pipeline in Cranbrook is thinner โ€” flexible lease terms could help secure tenants faster. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Cranbrook a good suburb for investment?

Cranbrook is a regional area in Western Australia with a population of 505. The median rent is $174/week and the median household income is $60,632/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Cranbrook?

Key demand drivers in Cranbrook include regional employment hubs, lifestyle, and affordability. 71% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Cranbrook?

According to the ABS 2021 Census, Cranbrook has a population of approximately 505. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Cranbrook from the Perth CBD?

Cranbrook is approximately 297 km straight-line distance from the Perth CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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