Get a property report and suburb profile for any property in Cranebrook

Cranebrook sits on the urban fringe of western Sydney with the Blue Mountains on the horizon. Largely residential, it combines older brick homes and newer estate developments along tree-lined streets. Daily life centres on parks, playing fields, playgrounds and nearby river reserves, while a local retail strip and community facilities cover everyday needs. Regular buses connect to Penrith and the train network, and roads link to the motorway system.

Cranebrook has 15,779 residents, a median age of 33 and a median household income of $2,108 a week (about $109,600 a year). The community is weighted towards couple families, who make up 79.7% of families, and 73.2% of homes are owner-occupied so owner-occupation outnumbers renting by roughly three to one. Recent local work has refreshed reserves, play and sports facilities and added learning spaces at the high school. Whether Cranebrook suits you depends on whether an outer-suburban, family-weighted area with green spaces and transport links fits your needs.

Housing in Cranebrook looks more stretched for buyers than renters against local incomes recorded at the last Census. A median house price of $1,150,000 is about 10.5 times a typical local annual household income at the last Census (weekly household income $2,108 ? annual $109,616), which sits well above local incomes. Renting is less stretched: a house rent of $680 a week would take roughly a third of that weekly household income (about 32.3%), while a unit rent of $495 a week would take about 23.5%.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Cranebrook saw house values climb 16.5% over the past year, a strong rise in what houses are worth. House rents rose 4.6% over the same period, a moderate gain, so for houses this year capital growth outpaced rental income growth.

Unit rents increased 6.5% over the year, a solid rise and faster than house rent growth, so the rental-side movement has been stronger for units. Which of those outcomes matters most depends on whether you prioritise capital growth or rental income in your investment decisions.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.