31 Penshurst Way

Cranbourne North VIC 3977

The size of Cranbourne North is approximately 10.3 square kilometres. It has 35 parks covering nearly 12.5% of total area. The population of Cranbourne North in 2011 was 14,571 people. By 2016 the population was 20,116 showing a population growth of 38.1% in the area during that time. The predominant age group in Cranbourne North is 0-9 years. Households in Cranbourne North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne North work in a trades occupation. In 2011, 76.9% of the homes in Cranbourne North were owner-occupied compared with 74.6% in 2016.

Cranbourne North has 8,653 properties. Over the last 5 years, Houses in Cranbourne North have seen a 38.31% increase in median value, while Units have seen a 32.55% increase. As at 31 August 2024:

• The median value for Houses in Cranbourne North is $748,414 while the median value for Units is $533,946.
• Houses have a median rent of $550 while Units have a median rent of $450.