Cranbourne North vs Narre Warren South.
Comparing two suburbs with median house prices of $770,500 and $820,000.
Cranbourne North (median $770,500) is roughly 6% cheaper to buy into than Narre Warren South ($820,000).
On school quality, the average ICSEA across schools serving Narre Warren South (1008) sits above Cranbourne North (998). Narre Warren South skews owner-occupied (82%), Cranbourne North runs more rental-dense (72% owner).
For buyers
Cranbourne North is the lower entry point at $770,500 median, 6% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Cranbourne North offers the higher gross rental yield (2.56% vs 2.41%), favouring cash-flow investors.
For families
Narre Warren South edges out on average school ICSEA (1008 vs 998).
Common questions
Is Cranbourne North or Narre Warren South cheaper to buy in?
Cranbourne North has the lower median house price at $770,500, roughly 6% below Narre Warren South ($820,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Cranbourne North or Narre Warren South have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Narre Warren South scores 1008 vs 998 in Cranbourne North. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which suburb has higher rental yield, Cranbourne North or Narre Warren South?
Gross rental yield on houses is 2.56% in Cranbourne North vs 2.41% in Narre Warren South. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Cranbourne North against another suburb