$342 ▲ +36.8%
Lower than 60% of statistical area 2 (sa2) areas.
- 2011: $250
- 2016: $300
- 2021: $342
Median weekly rent paid by households renting their home.
Cranbourne · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Rental rates have jumped by $92 per week since 2011 in Cranbourne, contributing to a shift in how people live. The area is now marked by a high number of renters and a strong preference for large family homes, with over 80% of dwellings being separate houses.
All statistical area 2 (sa2) areas, 2021. The marker is Cranbourne — lower than 60% of areas.
Rents, mortgages and crowding.
Typical weekly rent is $342, which is a little below the national figure of $375. Monthly mortgage payments are also lower than most areas, with the usual payment being $1,627.
$342 ▲ +36.8%
Lower than 60% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$1,627 ▲ +4.3%
Lower than 64% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
Cranbourne splits fairly evenly between $350–$549 (45%) and $200–$349 (44%), with Under $200 at 9%.
In Cranbourne, the largest group is $1,000–$1,799 at 42%, followed by $1,800–$2,999 (34%) and Under $1,000 (18%).
How homes are owned or rented.
Rental households have risen to 33.8%, a figure well above both the state and national averages. This is mirrored by the fact that homes owned outright are much lower than most areas at 23.1%.
33.8% ▲ +23.1%
Higher than 68% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
23.1% ▼ -1.6%
Lower than 77% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Cranbourne, the largest group is Owned with a mortgage at 40%, followed by Rented (34%) and Owned outright (23%).
Houses, townhouses, apartments and bedrooms.
Large homes are common here, as 82.6% of dwellings have three or more bedrooms. Separate houses make up 80% of the market, which is well above the national figure of 72.3%.
0.80 ▼ -27.3%
Lower than 71% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
80.0% ▼ -3.2%
Lower than 59% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
82.6% ▼ -0.3%
Higher than 61% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Cranbourne, Separate house is the majority at 80%; Townhouse / semi-detached is next at 16%.
In Cranbourne, 3 bedrooms is the majority at 52%; 4 bedrooms is next at 28%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Cranbourne [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/212031300/cranbourne/topic/housing-dwellings