Cranbourne South, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Cranbourne South
VICCensus 2021 · Population 3,244
Cranbourne South is a suburb with a population of 3,244, characterized by a median age of 35, slightly younger than the Victorian average of 38. The community is predominantly composed of families, with 50.5% of households being couples with children, and 37.9% being couples without children. The suburb has a high percentage of separate houses at 98.7%, indicating a strong preference for standalone homes. The area has a relatively high median household income of $2,278 per week, which is above the Victorian average of $1,759.
Key Highlights
- Low unemployment rate of 2.8% compared to the Victorian average of 5.0%
- High percentage of family households at 84.2%
- Above average median household income of $2,278 per week
- Predominantly separate houses at 98.7%
- High percentage of residents born in Australia at 72.7%
Things to Consider
- Low public transport usage at 1.5%
- Relatively low percentage of residents with a bachelor's degree or higher at 20.8%
- High reliance on car commuting at 61.7%
- Lower work-from-home percentage compared to Victorian average
- Limited diversity in housing types with 98.7% separate houses
What's it like living here?
Daily life in Cranbourne South is likely to be family-centric, with a significant portion of the population commuting by car, as 61.7% drive to work. The suburb has a lower than average public transport usage at 1.5%, suggesting a reliance on personal vehicles. The community has a moderate work-from-home culture, with 18.3% of residents working from home, which is below the Victorian average of 25.7%.