All About Cranbrook, Townsville, QLD, 4814
Cranbrook, a suburb in Townsville, Queensland, offers a unique blend of suburban tranquility and practical convenience, making it an appealing area for prospective homeowners. The housing market in Cranbrook is characterized by a diverse array of properties, ranging from established homes perfect for families to more modern developments that attract young professionals and retirees alike. As of recent reports, the market reflects a steady demand, with property values showing gradual appreciation, primarily driven by the suburb's strategic location near essential amenities such as schools, shopping centers, and healthcare facilities. The market's relatively affordable housing options compared to larger cities make Cranbrook an attractive place for first-time homebuyers and investors looking for solid rental returns.
Living in Cranbrook provides residents with a lifestyle that balances comfort and accessibility. The suburb is well-connected by public transport and road networks, ensuring easy commutes to the central business district of Townsville and other surrounding areas. Residents here enjoy access to a variety of recreational facilities, including beautiful parks and the nearby Ross River, which offers opportunities for outdoor activities like kayaking and picnics. Community life in Cranbrook is vibrant and welcoming, characterized by friendly neighborhoods and local events that foster a sense of belonging. The presence of numerous schools and family-oriented amenities further enhances its reputation as a family-friendly suburb, making it a desirable location for those seeking a nurturing environment to raise children while enjoying the benefits of living in a laid-back yet resourceful community.
Household Makeup
| Median Weekly Rent | $312.08 |
| Median Monthly Mortgage | $1372.19 |
| Median Persons Per bed houseroom | 0.78 |
| Average Household Size | 2.69 |
| Average Age | 37.50 |
| Average Income | $802.58 |
| Average Cars Per Dwelling | 1.75 |
| Average Properties Within 50M | 17 |
| Typical 1 bed house | $349,000 |
| Typical 2 bed house | $269,000 |
| Typical 3 bed house | $435,000 |
| Typical 4 bed house | $579,000 |
| Typical 5 bed house | $606,000 |
| Typical 6 bed+ house | $739,000 |
Housing Stock
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Cranbrook Real Estate Market Outlook
Thinking about buying in Cranbrook? Now could not be a better time, with 3130 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $429,000 with prices in this suburb ranging from $74,000 to $2,345,000. Cranbrook is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
In Cranbrook there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Cranbrook due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Cranbrook leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Cranbrook to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Instant Property ValuationHouses for sale Cranbrook
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22 Grantham Street, Cranbrook, Wa, 6321 |  3 |
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Local Schools
Cranbrook State School
Holy Spirit Catholic School
Ignatius Park College
Aitkenvale State School
Heatley State School
Weir State School
Riverside Adventist Christian School
Vincent State School
Heatley Secondary College
Kirwan State High School
(While the above schools are located with the suburb of Cranbrook there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Cranbrook weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 0.9 | 13.0 | 27.9 | 35.7 | 88.4 | 3.3 | 25.8 |
| Feb | 0.9 | 13.4 | 27.0 | 39.8 | 89.3 | 3.1 | 21.6 |
| Mar | 1.0 | 12.8 | 25.2 | 42.7 | 90.0 | 2.9 | 17.0 |
| Apr | 1.8 | 11.1 | 22 | 49 | 91.5 | 2.6 | 12.7 |
| May | 2.7 | 8.8 | 18.2 | 55.6 | 91.7 | 2.5 | 9.8 |
| Jun | 3.0 | 7.8 | 16.0 | 59.8 | 90.7 | 2.8 | 8.6 |
| Jul | 4.3 | 6.7 | 14.6 | 63.6 | 92.6 | 2.8 | 8.8 |
| Aug | 3.6 | 6.7 | 15.6 | 59.0 | 92.4 | 2.8 | 11.5 |
| Sept | 3.3 | 7.2 | 16.9 | 54.4 | 92.2 | 3.1 | 15.6 |
| Oct | 1.7 | 8.6 | 20.3 | 47.8 | 91.8 | 3.1 | 20.6 |
| Nov | 1.5 | 9.4 | 23.5 | 40.0 | 91.0 | 3.0 | 24.9 |
| Dec | 0.7 | 11.0 | 25.9 | 37.2 | 90.1 | 3.3 | 27.5 |
source: Australian Government Bureau of Meteorology
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