Cranbourne North (VIC 3977) in Focus 2026: $812,500 Median, 3.8% Yield & 85/100 R-Score

Market Classification: Established Family & Commuter Corridor · R-Score: 85/100 (National Rank #2,403 of 15,286) · Street Average: 67/100 across 370 streets.

Cranbourne North (VIC 3977) represents a bread-and-butter Australian family housing market($812,500 median price, $600/wk rent, 3.8% gross yield) supported by +9.6% 3-year council population movement. Here, investment returns are determined almost entirely by micro-location: separating quiet, >65% owner-occupied pockets from main-road or high-public-housing blocks.

Below is our full September 2026 quantitative and street-level breakdown for Cranbourne North (VIC 3977), combining 36 months of settled price and rental history from our Aurora research warehouse, council-level supply and employment data for Casey (VIC), and block-by-block ABS 2021 Census SA1 tenure and yield rankings across 8,937 residential addresses.

1. Cranbourne North (VIC) 3-Year Market Trajectory & 27-Indicator R-Score (September 2026)

Over the past 12 months, Cranbourne North’s median house price moved +6.8% (from $761,000 to $812,500), bringing its 3-year cumulative price movement to +9.1% (from $745,000 three years ago). On the rental side, median weekly asking rents moved +3.4% over the past year to $600/wk (+30.9% over 36 months), equating to a 3.8% gross rental yield. Compared with 12 months ago—when Cranbourne North carried an R-Score of 93/100—its current composite R-Score of 85/100 represents a -8-point shift in underlying market pressure.

Indicator / R-Score Pillar	Cranbourne North (VIC) Current	12-Month / 36-Month Context
Composite Suburb R-Score	85 / 100	Ranked #2,403 of 15,286 suburbs (was 93/100 12m ago)
Median House Price	$812,500	12m change: +6.8% · 36m change: +9.1%
Median Weekly Rent & Gross Yield	$600/wk (3.8%)	12m rent change: +3.4% · 36m rent change: +30.9%
Rental Vacancy & Days on Market	3.6% vacancy	Median selling time: 63 days on market (1.5% vacancy is the tight-market line)
Pillar 1: Buyer Demand	26 / 100	Measures days-on-market compression, vendor discounting & sales velocity
Pillar 2: Supply & Ownership	33 / 100	Measures stock on market, building approvals vs stock & owner-occupier share
Pillar 3: Price Momentum	79 / 100	Measures short/medium-term price velocity vs Casey & VIC
Pillar 4: Yield Pressure	49 / 100	Measures gross rental yield, rent trajectory & vacancy compression

2. The “Two-Speed Suburb” Test: Best & Worst Streets in Cranbourne North (VIC)

Why do two 4-bedroom houses in Cranbourne North achieve completely different bank valuations and tenant quality? Because suburb medians blend every pocket together. When we map all 8,937 addresses across 370 streets in Cranbourne North through G-NAF to their ABS 2021 Census SA1 blocks, the suburb splits into three distinct tiers:

• Strong Street Profile (Score 75–100): 182 streets (58% of scored streets) pass both ABS Census tenure tests (owner-occupiers >65% and public housing ≤5%) plus at least one—or both—of the Cranbourne North rent and yield benchmarks.
• Mid / Mixed Street Profile (Score 50–74): 77 streets pass the core owner-occupier and public-housing thresholds but sit below the suburb median on weekly rent or yield.
• Weaker / Caution Street Profile (Score 0–25): 53 streets fail one or both census tenure thresholds—meaning either owner-occupation sits at or below 65% or state/community public housing exceeds 5% on those specific SA1 blocks.

Top 5 Highest-Scoring Streets in Cranbourne North (VIC)

These streets sit in SA1 census blocks with high homeowner pride of ownership, minimal social housing concentration, and strong block-level rents (inspect all 370 streets in Cranbourne North):

Top Street in Cranbourne North	Street Score	Addresses	Owner-Occupiers	Public Housing	SA1 Rent & Yield
#1 Horsfield Street	100/100	33	92%	4%	$720/wk (5.1%)
#2 Bianco Court	100/100	13	92%	4%	$720/wk (5.1%)
#3 Yew Court	100/100	9	92%	4%	$720/wk (5.1%)
#4 Bamboo Court	100/100	8	92%	4%	$720/wk (5.1%)
#5 Ironwood Avenue	100/100	84	85%	0%	$600/wk (4.6%)

Streets Where Block-Level Tenure Trails the Cranbourne North Average

By contrast, the streets below run through SA1 census blocks that fail one or more of our tenure or rental tests. A lower Street Score is not a judgement of any individual house, but it highlights where higher renter turnover or public housing concentration exists within Cranbourne North:

Caution Street Sample	Street Score	Addresses	Owner-Occupiers	Public Housing	SA1 Median Rent
Kennedy Court	0/100	21	56%	6%	$525/wk
Gregory Court	0/100	19	56%	6%	$525/wk
Strzelecki Court	0/100	19	56%	6%	$525/wk

3. Economic & Supply Drivers in Casey Council (Victoria)

Cranbourne North sits within the Casey Local Government Area, which has a residential population of approximately 414,929 (+9.6% population movement over the past 3 years) and 102,049 total dwellings. Three council-level fundamentals shape Cranbourne North’s medium-term outlook:

• Local Employment Diversity (ABS Census): The largest employment sectors across Casey are Retail Trade (16%), Health Care and Social Assistance (13%), Education and Training (12%), Construction (10%). Multi-sector employment reduces reliance on any single employer or commodity cycle.
• New Building Approvals vs. Existing Stock: Over the latest 12-month financial year, Casey approved 3% new dwelling stock (~3,515.023 dwellings). Because new approvals exceed 1.8% of stock, investors in Cranbourne North must avoid generic greenfield house-and-land pockets and stick to established, built-out streets.
• Tracked Infrastructure Pipeline: Casey currently has $13.7 billion in tracked major infrastructure projects (placing it in the 92th percentile of Australian councils).

4. Worked Cashflow, Deposit & 80% LVR Stress-Test for Cranbourne North (September 2026)

What does it actually cost to acquire and hold a typical house in Cranbourne North at today’s median price of $812,500 and median rent of $600/wk? Below is the baseline 80% Loan-to-Value Ratio (LVR) model we use to stress-test serviceability before shortlisting a property:

Cashflow & Capital Item	Cranbourne North Worked Figure	Assumptions & Notes
Purchase Price (Suburb Median)	$812,500	Settled house median as of September 2026
20% Deposit + Est. Stamp Duty & Costs	$201,500	$162,500 deposit (80% LVR) + ~$39,000 stamp duty, legal & inspection allowance (can be funded via usable home equity)
80% LVR Loan Amount	$650,000	Standard no-LMI investor loan threshold
Gross Annual Rental Income	$31,200/yr ($600/wk)	3.8% gross rental yield before vacancies and expenses
Est. Annual Interest + Operating Costs	$49,563/yr	Assumes 6.25% interest-only ($40,625/yr) + ~1.1% for council rates, insurance & property management ($8,938/yr)
Pre-Tax Weekly Cashflow Position	-$353/wk top-up	Before tax deductions / depreciation (confirm post-tax position with your accountant)

5. Who Should Buy in Cranbourne North—And 3 Rules Before You Make an Offer

Solid 85/100 R-Score Backed by Casey Fundamentals. Based on our September 2026 data, Cranbourne North is best suited to equity-backed homeowners and portfolio builders seeking a balanced entry price ($812,500) and 3.8% rental yield in VIC.

1. Never Buy Blind on the Suburb Median: In Cranbourne North, 53 streets score below 50/100 on our census tenure and yield tests. Always run the exact street through the Cranbourne North Street Score Hub and target the 182 streets scoring 75–100/100.
2. Check Lot-Level Overlays (Flood, Bushfire, Slope & Easements): Even on a 100/100 streetlike Horsfield Street, individual lots can carry overland flow paths, steep gradients, or sewer easements that restrict granny-flat additions or spike insurance premiums.
3. Price Against Street-Matched Settled Comparables: Do not let a selling agent justify an asking price on a 25/100 street using comparable sales from a 100/100 street. Compare settled sales within the same SA1 Street Score band.