Side by sideSuburb comparison

Cranbourne South vs Pearcedale.

Comparing two suburbs with median house prices of $700,000 and $952,500.

Cranbourne South (median $700,000) is roughly 27% cheaper to buy into than Pearcedale ($952,500).

On school quality, the average ICSEA across schools serving Pearcedale (1023) sits above Cranbourne South (1015).

The takeWhich suburb suits which buyer

For buyers

Cranbourne South is the lower entry point at $700,000 median, 27% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Cranbourne South offers the higher gross rental yield (2.82% vs 2.08%), favouring cash-flow investors.

For families

Pearcedale edges out on average school ICSEA (1023 vs 1015).

Common questionsCranbourne South vs Pearcedale

Common questions

Is Cranbourne South or Pearcedale cheaper to buy in?

Cranbourne South has the lower median house price at $700,000, roughly 27% below Pearcedale ($952,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Cranbourne South or Pearcedale have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Pearcedale scores 1023 vs 1015 in Cranbourne South. 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 South or Pearcedale?

Gross rental yield on houses is 2.82% in Cranbourne South vs 2.08% in Pearcedale. 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

Cranbourne South
Metric
Pearcedale

Price & Market

$700,000
Median house
$952,500
$302,400
Median unit
$777,500
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$380/wk
Rent (house / wk)
$381/wk
$470/wk
Rent (unit / wk)
$400/wk
86.0%
Owner occupied
88.0%
10.0%
Renter occupied
10.0%

Lifestyle & Demographics

Walk score
4
Transit score
0
Bike score
35
3,241
Population
3,867
35
Median age
41

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1015
Avg ICSEA
1023

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).