Cranbourne North, the family friendly neighbourhood in the heart of South East Melbourne, known for its diverse housing options, and convenient access to essential amenities. With its leafy streets, parks, and excellent schools, Cranbourne North offers residents a relaxed yet dynamic lifestyle amidst a thriving community.

Real Estate Statistics:
– Median Sale Price: The median sale price for properties in Cranbourne North stands at $695,750, reflecting the suburb’s affordability and steady market growth.
– 5-Year Median Price Trend: Over the past five years, property prices in Cranbourne North have demonstrated a gradual increase, with prices rising steadily each year.
– Property Market Insights: In the past month, 87 houses have been available for sale in Cranbourne North, indicating a lively and active real estate market. Additionally, 282 houses were sold in the past 12 months, highlighting strong buyer demand and market activity.
– Median Time on Market: With a median time on market of 24 days, houses in Cranbourne North typically sell within a reasonable timeframe, underscoring the suburb’s appeal to buyers.
– Buyer Interest: Cranbourne North continues to attract significant buyer interest, with 2,545 prospective buyers actively considering properties in the area.
– Rental Yield: The suburb offers a competitive rental yield of 3.9%, making it an attractive option for investors seeking solid returns on their investment properties.

With its diverse range of housing options, from spacious family homes to modern townhouses and apartments, Cranbourne North caters to a wide array of lifestyles and preferences. The suburb’s proximity to major highways and public transport links ensures easy accessibility to surrounding areas and Melbourne’s CBD.

Beyond its residential offerings, Cranbourne North boasts an array of amenities and attractions to enrich residents’ lives. From local shopping centers and dining precincts to parks, playgrounds, and recreational facilities, the suburb provides everything needed for a comfortable and fulfilling lifestyle.

Cranbourne North stands as a sought-after destination for homebuyers, investors, and families seeking the perfect blend of affordability, convenience, and community living.

Contact Alex and Maureen Bartolo from Alex & Maureen Bartolo, your trusted Cranbourne North real estate agents, for a free market appraisal and expert advice on how much your house is worth. Don’t miss out on the opportunity to make Cranbourne North your new home – get in touch with us today!