Cranbourne North vs Narre Warren.
Comparing two suburbs with median house prices of $770,500 and $790,000. Cranbourne North edges out on more headline metrics in this comparison.
Cranbourne North (median $770,500) is roughly 2% cheaper to buy into than Narre Warren ($790,000).
On school quality, the average ICSEA across schools serving Cranbourne North (998) sits above Narre Warren (997).
For buyers
Cranbourne North is the lower entry point at $770,500 median, 2% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Narre Warren offers the higher gross rental yield (3.62% vs 2.56%), favouring cash-flow investors.
For families
Cranbourne North edges out on average school ICSEA (998 vs 997).
Common questions
Is Cranbourne North or Narre Warren cheaper to buy in?
Cranbourne North has the lower median house price at $770,500, roughly 2% below Narre Warren ($790,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Cranbourne North or Narre Warren have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Cranbourne North scores 998 vs 997 in Narre Warren. 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?
Gross rental yield on houses is 3.62% in Narre Warren vs 2.56% in Cranbourne North. 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).
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