$408 ▲ +56.9%
Higher than 66% of statistical area 2 (sa2) areas.
- 2011: $260
- 2016: $350
- 2021: $408
Median weekly rent paid by households renting their home.
Cranbourne South · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments of $2,167 make housing costs in Cranbourne South much higher than most areas. The neighborhood is dominated by large, family-sized homes, with nearly all residents living in separate houses. This creates a landscape where most households are managing significant mortgage commitments compared to the state average.
All statistical area 2 (sa2) areas, 2021. The marker is Cranbourne South — higher than 66% of areas.
Rents, mortgages and crowding.
Typical weekly rents have risen to $408, which is a little above the national figure. Monthly mortgage payments are also a little above the state and national averages, and have remained steady since 2011.
$408 ▲ +56.9%
Higher than 66% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$2,167 → 0.0%
Higher than 73% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Cranbourne South, $350–$549 is the majority at 76%; $200–$349 is next at 10%.
In Cranbourne South, $1,800–$2,999 is the majority at 57%; $1,000–$1,799 is next at 21%.
How homes are owned or rented.
Mortgages are very common here, with 61.4% of homes owned with a loan. The proportion of people who own their home outright is far below the state and national figures, and has fallen 15 points since 2011.
15.5% ▲ +59.1%
Lower than 85% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
19.7% ▼ -43.1%
Lower than 84% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Cranbourne South, Owned with a mortgage is the majority at 61%; Owned outright is next at 20%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 95.2% of the area, far above the national figure. This preference for larger homes is reflected in the fact that 93.5% of dwellings have three or more bedrooms, a proportion far above the state average.
0.80 ▼ -27.3%
Lower than 71% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
95.2% ▲ +2.3%
Higher than 83% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
93.5% ▲ +8.4%
Higher than 91% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Cranbourne South, Separate house is the majority at 95%; Townhouse / semi-detached is next at 4%.
In Cranbourne South, 4 bedrooms is the majority at 59%; 3 bedrooms is next at 26%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Cranbourne South [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/212031303/cranbourne-south/topic/housing-dwellings