Frankston City Council
Cranbourne South
Cranbourne South at a glance
Median house
$700,000
Median unit
$302,400
Population
3,241
Median age 35
The brief
What to know about Cranbourne South.
Cranbourne South (3977) sits in the Frankston region of Victoria. The median house here is $700,000, below the Victoria median of around $850K.
Cranbourne South has roughly 3,241 residents, with a typical family-age mix. Households are predominantly owner-occupied.
Side by side
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Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 639mm. Data comes from the Bureau of Meteorology's Melbourne (Olympic Park) station, 64.9km away.
Schooling within or near the suburb covers 12 government primary, 3 government secondary, 3 Catholic, 2 independent.
Who lives here
Demographics.
The 2021 Census put Cranbourne South's population at 3,241, with a median age of 35. That sits as a typical family-age mix. Households are predominantly owner-occupied (86% own, 10% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (84% family households, 13% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
3,241
Median age
35
Family households
84%
Lone person
13%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $700,000 on a typical sale, below the Victoria median. Units come in around $302,400, roughly 57% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $140,000. Prices are below the Victoria median, which keeps Cranbourne South on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$700,000
+0.0% over the past year. Median unit price $302,400.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$380/wk
Weekly rent (unit)
$470/wk
Owner occupied
86%
Renter occupied
10%
At a deeper level
$700,000
$302,400
3,241
Median age: 35
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For investors
Investment overview.
Gross rental yield on houses sits at 2.82% (median rent $380/wk against a $700,000 price tag). Units yield 8.08% gross, often the better cash-flow play for first-time investors. Renter share is modest (10%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.82%
Based on $700,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20268.08%
Based on $302,400 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202686%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
187
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Place
Location.
Amenities
Transport
Education
Schools in Cranbourne South.
Local schools for Cranbourne South
View the catchment for each school to find out more.
Government School Catchment
Cranbourne South Primary School
Botanic Ridge Primary School
Devon Meadows Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Cranbourne South.
- What is the median house price in Cranbourne South?
- The median house price in Cranbourne South, VIC 3977 is $700,000. The median unit price is $302,400. Annual growth is +0.0%.
- What is the Cranbourne South postcode?
- Cranbourne South is in the 3977 postcode, in VIC, in the Frankston City Council region.
- What is the average rent in Cranbourne South?
- The median weekly rent for houses is $380, for units it's $470.
- What schools are in Cranbourne South?
- There are 20 schools serving Cranbourne South on this page, including Cranbourne South Primary School, Botanic Ridge Primary School, Devon Meadows Primary School.
- What suburbs are near Cranbourne South?
- Cranbourne South is close to Botanic Ridge, Devon Meadows, Junction Village, Langwarrin, Pearcedale.
- What is the population of Cranbourne South?
- Cranbourne South has approximately 3,241 residents. The median age is 35.
For Sale
For Rent
Cranbourne South
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Surrounding Suburbs
Side by side
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See median prices, growth, schools, walkability and risk side by side in one view.
Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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