2. QLD
  3. Townsville

Houses Units

Here you can find what you need to know about Cranbrook, QLD, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$430K Median Sale Price (National Average $485k) 877th In QLD
25.73% Median Sale Price Change (1yr) (National Average 4.30%) 78th In QLD
$478pw Median Rent (National Average $395) 648th In QLD
5.8% Median Gross Yield (National Average 4.24%) 96th In QLD
Properties sold 159
Average discounting -7.07%
Average Days on Market 27
Stock on Market 40 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Cranbrook, QLD National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Cranbrook, QLD National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Cranbrook, QLD National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Cranbrook


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Cranbrook, QLD 4814

Part of: Townsville Council No data available

The size of Cranbrook is approximately 3.4 square kilometres. It has 6 parks covering nearly 8.2% of total area. The population of Cranbrook in 2011 was 6,146 people. By 2016 the population was 5,926 showing a population decline of 3.6% in the area during that time. The predominant age group in Cranbrook is 20-29 years. Households in Cranbrook are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cranbrook work in a professional occupation. In 2011, 67% of the homes in Cranbrook were owner-occupied compared with 65.1% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Cranbrook

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Cranbrook   for Houses in last 12 months


There have been 159 Houses sold in Cranbrook in the past 12 months with a median sale price of $430K, up 25.7% annually. It takes on average 10 days to sell with vendor discounting of -7.1%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Cranebrook NSW, 2749 8.24% $920,000 $620pw 3.5% View Suburb Profile
Woodcroft SA, 5162 9.64% $722,500 $578pw 4.2% View Suburb Profile
Belmont WA, 6104 24.30% $665,000 $625pw 4.9% View Suburb Profile
Mudgeeraba QLD, 4213 19.79% $1,150,000 $850pw 3.8% View Suburb Profile
Condon QLD, 4815 23.84% $400,000 $450pw 5.8% View Suburb Profile
Crossdale QLD, 4312 Unavailable Unavailable Unavailable Unavailable View Suburb Profile

Currency

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