Get a property report and suburb profile for any property in Cranbourne South

Join the 2 million Australians* who use our services every year.

Geo Page

Cranbourne South suburb profile

Cranbourne South is a serene suburb located in Melbourne's southeastern growth corridor, offering a peaceful rural lifestyle with the convenience of urban amenities nearby. Known for its expansive green spaces and semi-rural charm, it attracts families and those seeking a quieter pace of life. The suburb is characterized by large residential blocks, equestrian properties, and a close-knit community atmosphere. With easy access to the Mornington Peninsula and nearby shopping centers, Cranbourne South provides a balanced lifestyle for residents. Its blend of natural beauty and accessibility makes it an appealing choice for those looking to escape the hustle and bustle of city life.

Cranbourne South property market performance

Cranbourne South's property market has remained stable over the past 12 months, with no change in the median house value, which currently stands at $829,000. The suburb has not seen any unit sales or changes in unit values, indicating a market focused on houses.

In terms of sales activity, 21 houses have been sold over the last 12 months, with properties moving relatively quickly, spending a median of 29 days on the market. This suggests a steady demand for houses in the area.

The rental market for houses in Cranbourne South has experienced a modest increase, with average rent rising by 4.1% over the last 12 months to $635. There is no data available for unit rentals, reinforcing the suburb's focus on house properties.

HousesUnits
Median price
Past 3 months
$829KN/A
Change in value
Past 12 months
-11.6%N/A
Sold
Past 3 months
21N/A
Median days on market
Past 12 months
29N/A
Average rent
Past 12 months
$635N/A
Change in rent
Past 12 months
4.1%N/A

5 year median price trend for houses and units

Access homes before they're listed for sale

Build a buying brief and get first access to properties that aren't yet on the market.

OpenAdvantage

Cranbourne South demographics

Cranbourne South, located in the outer south-eastern suburbs of Melbourne, offers a blend of rural charm and suburban convenience. With a population of 3,241, it is a growing community that attracts families and individuals seeking a quieter lifestyle while still being within reach of the city. The median age of 35 suggests a youthful yet mature demographic, with many residents likely to be young families or professionals.

The suburb is characterized by a strong family presence, with 50.5% of households being couple families with children. This is complemented by 38% of couple families without children, indicating a balanced mix of family types. The presence of one-parent families at 9.8% and other families at 1.7% adds to the diversity of the community.

Property ownership in Cranbourne South is predominantly mortgage-based, with 62.9% of homes owned with a mortgage, reflecting the suburb's appeal to new homeowners and growing families. Additionally, 26.3% of properties are owned outright, while only 10.8% are rented, suggesting a stable and settled community. The median total household income of $2,278 per week indicates a relatively comfortable standard of living, making Cranbourne South an attractive option for those looking to balance affordability with quality of life.

Cranbourne South infrastructure, key developments and investment opportunities

Cranbourne South remains a peaceful, semi-rural residential area marked by ongoing subdivision and new housing estates, such as the recent Brompton development and the adjacent medium-density Botanic Ridge estate area, helping to expand housing supply and attract families seeking a country feel close to Melbourne’s southeast suburbs[3][6]. While Cranbourne South has a small primary school and local convenience store within the suburb, broader educational and shopping options—including Elizabeth Murdoch College and Cranbourne Park Shopping Centre—are still a short drive away, which stabilizes demand for buyers seeking both quiet living and proximity to suburban amenities[6].

Transport infrastructure remains primarily car-dependent, with Cranbourne Train Station offering rail access to central Melbourne within a 10- to 15-minute drive, though local bus services are limited, and improvements are anticipated as Botanic Ridge and surrounding areas mature[3][6]. Major roadworks and connections, including upgrades to Ballarto Road and ongoing expansion of the East Link motorway further north, continue to improve regional accessibility, potentially supporting further growth and property demand[3]. At present, there are no major public space, health, or shopping precinct upgrades planned directly in Cranbourne South itself, with most new infrastructure focused just beyond the suburb’s boundaries. These factors make the suburb attractive to those seeking a blend of rural lifestyle and suburban convenience, with capital growth typically following broader south-east Melbourne trends as the urban boundary creeps closer[6].

Cranbourne South rental market trends

The rental market in Cranbourne South has experienced moderate growth, with house rents increasing by 4.1% over the past year to $635 per week. However, there is no data available for unit rents, indicating a potential lack of unit rental properties in the area. This suburb offers opportunities for investors focusing on house rentals in a growing community.

Suburbs near Cranbourne South

Some popular suburbs near Cranbourne South include:

How does Cranbourne South compare to nearby suburbs?

  • Median house prices: Cranbourne South’s median house price is 16.1% higher than Cranbourne’s.
  • House price growth: Property prices in nearby Skye have risen 19.2% more than in Cranbourne South over the past year.
  • Selling speed for houses: Properties in nearby Skye are selling 69.0% faster than in Cranbourne South.
  • House price growth: Over the past 12 months, house prices in Cranbourne South have grown 29.1% lower than the average rate of growth across Melbourne.

Common questions about Cranbourne South

  • Is Cranbourne South a nice place to live?

    Cranbourne South is a delightful suburb that offers a serene and peaceful lifestyle, making it a wonderful place to live. Nestled in Melbourne's southeastern growth corridor, it is known for its charming blend of rural and suburban living. The suburb is perfect for families and individuals who appreciate a quieter pace of life while still having access to urban amenities. With its expansive green spaces and semi-rural charm, Cranbourne South provides a tranquil environment that is ideal for raising a family.

    The suburb boasts a strong community vibe, characterized by large residential blocks and equestrian properties, which contribute to its close-knit atmosphere. Families will find Cranbourne South particularly appealing due to its spacious living options and the presence of a small primary school within the suburb. While the local convenience store caters to everyday needs, broader shopping and educational facilities are just a short drive away, ensuring that residents have access to everything they need without sacrificing the peaceful lifestyle they cherish.

    Safety is generally not a major concern in Cranbourne South, adding to its appeal as a family-friendly suburb. However, the trade-off for its rural charm is a reliance on car transport, as public transport options are limited. The Cranbourne Train Station is within a 10- to 15-minute drive, providing rail access to central Melbourne, but local bus services are still developing. Despite these minor inconveniences, the suburb's proximity to the Mornington Peninsula and ongoing infrastructure improvements make it a promising choice for those seeking a balance between rural tranquility and suburban convenience.

    Down Pointer
  • Is it expensive to live in Cranbourne South?

    Living in Cranbourne South can be seen as moderately expensive when you consider the current property market and average earnings in the area. The median house price here is $718,000, which is relatively affordable compared to many suburbs closer to Melbourne's city centre. However, it's important to note that there are no units available, which limits options for those looking for more budget-friendly housing.

    Renting in Cranbourne South costs around $630 per week for houses, which aligns with the area's family-friendly vibe and spacious living. When you compare the average wage in Cranbourne South, which is $88,000 per year, to the Victorian state average, it suggests that residents earn a decent income. However, with the median total household income being $2,278 per week, a significant portion of earnings would go towards housing costs, especially for those on the average wage.

    Overall, while Cranbourne South offers a suburban lifestyle with access to larger properties, the cost of living, particularly in terms of housing, can be a bit of a stretch for some. If you're thinking of living in Cranbourne South, it's wise to consider your financial situation and how it aligns with the housing expenses in this suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
    Down Pointer
  • Is Cranbourne South a good place to invest?

    Cranbourne South presents an intriguing opportunity for property investors, particularly those interested in rental income. Over the past year, the suburb has seen a modest 2.6% increase in median house values, indicating a stable market with potential for gradual appreciation. While unit values have remained unchanged, the significant 10.5% rise in house rents suggests strong demand from renters, which can translate into attractive rental yields for investors.

    The suburb's appeal lies in its family-friendly environment and growing infrastructure, making it a desirable location for long-term tenants. Although the capital growth for units has been stagnant, the steady increase in house values and rental demand highlights Cranbourne South's potential as a reliable investment choice. Investors looking for consistent rental income and the possibility of future capital growth may find Cranbourne South to be a promising option.

    Down Pointer

Choose the right real estate agents in Cranbourne South

Choosing the right real estate agent in Cranbourne South can have a big impact on your sale. While there are 54 real estate agents working in the suburb, but just 5 of them were responsible for 47.6% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2.13% to 2.71%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

Not quite ready to sell?

icon

Property report

Suburb and property report

Completed by independent professional experts not a computer.
icon

OpenEstimates

Digital estimate for your property

Compare your property to three recent sales to get a digital estimate.
icon

Navigate the market like a pro

Navigate the market

Get an understanding of the market signals you should keep an eye on.