Cranbourne South Suburb Profile

Victoria 3977

Cranbourne South has 2,171 properties. Over the last 5 years, Houses in Cranbourne South have seen a 7.45% increase in median value. As at 31 October 2024:

• The median value for Houses in Cranbourne South is $835,261 while the median value for Units is $602,603.
• Houses have a median rent of $598.

The size of Cranbourne South is approximately 19.7 square kilometres. It has 7 parks covering nearly 0.7% of total area. The population of Cranbourne South in 2011 was 8,743 people. By 2016 the population was 1,654 showing a population decline of 81.1% in the area during that time. The predominant age group in Cranbourne South is 50-59 years. Households in Cranbourne South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne South work in a trades occupation. In 2011, 72.3% of the homes in Cranbourne South were owner-occupied compared with 87% in 2016.