Frankston · 3977

Cranbourne South, VIC

listings tightening 6.0% YoY, population +7.8% (5y).

NextSuburb scoreTier C
46Average
Median house
$660k
5y growth
0.9%/yr
Gross yield
3.7%
Vacancy
1.3%
Late-cycle holdMedium confidence
Last updated May 2026Next refresh 3 June 2026Informational only — not financial advice

Eight-signal breakdown

Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.

  • Capital growth (5y)0.9%/yr
    9/100
  • Population growth+7.8% (5y)
    78/100
  • Supply tightening-6.0% YoY
    80/100
  • Rental yield3.7%
    74/100
  • Rental demand1.3% vacancy
    68/100
  • Income growth+16.0% (5y)
    64/100
  • Construction pipelineno nearby pipeline
    0/100
  • Affordability56% under cap
    56/100

Why this score

Cranbourne South scores 46/100 (Average). The two strongest signals: 7.8% population growth over five years and 3.7% gross rental yield. The standout watch-out: 5-year growth of 0.9%/yr trails the national pace.

Drivers
  • Supply tightening-6.0% YoY
  • Population growth+7.8% (5y)
  • Rental yield3.7%
  • Tight rentals1.3%
Risks
  • Modest 5y growth (0.9%/yr)
  • No major construction project in this state

Nearest infrastructure

Suburban Rail Loop East — Cheltenham27.2 km away

Construction · $5.0bn · completion 2035

Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.

Comparable suburbs

Three VIC suburbs in the same budget band with the closest NextSuburb scores.

See the full VIC ranking

60-month score history

Backfilled — live history begins May 2026
384755Jun 21Jun 22Jun 23Jun 24Jun 25May 26

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