Median price · 7 years
Rolling 12-month median, all dwellings
$620,000+3.0% past 12 months
2020202120222023202420252026
Craigieburn
Mixed signals Growth score 56 Top 87% of sample
Risk score 23 Low · lower is better
Stability score 74 Consistent over 10 years
What drives the growth score
Nine metrics, each benchmarked against every suburb nationally. Weighted sum equals the score.
Sales momentum18% Weak · 48
Listing scarcity15% Moderate · 60
Rental demand14% Moderate · 52
Days on market12% Moderate · 52
Infrastructure investment11% Strong · 75
Jobs access10% Moderate · 53
Population growth8% Moderate · 67
Income growth7% Moderate · 51
New supply pressure5% · negative Elevated · 46
Key metrics vs benchmarks
VIC column is the sample-state average; national is the whole sample.
| Metric | Craigieburn | VIC | National |
|---|---|---|---|
| Median price | $620,000 | $666,000 | $734,203 |
| 12-month growth | +3.0% | +1.6% | +8.4% |
| Gross rental yield | 3.5% | 3.7% | 4.0% |
| Vacancy rate | 1.8% | 1.9% | 1.3% |
| Days on market | 35 | 41 | 31 |
| Auction clearance | 60% | 60% | 62% |
| New supply pipeline | Elevated | Moderate | Moderate |
Risk score components
Lower is safer. Components are read independently; the score is their weighted blend.
23Low risk
New supply pipelineApproved dwellings vs existing stock Moderate · 46
Employment concentrationShare of jobs in the top two industries Low · 21
Price volatility, 5 yearsLargest peak-to-trough drawdown Low · 20
Vacancy pressureCurrent vacancy vs 2% threshold Low · 32
Hazard exposureFlood, bushfire and storm surge overlays Low · 34
Who lives here
ABS Census, latest release, aggregated to suburb
60,000population 31median age 70%owner-occupied 30%renting
Owner-occupiedRenting
Craigieburn is a northern Melbourne growth suburb with strong family appeal. Affordable pricing, expanding shopping centres, and Hume Freeway connectivity make it popular with young families and first-home buyers.
On the ground
Committed projects and catalysts feeding the infrastructure and jobs metrics
- Craigieburn Town Centre expansion
- Northern Hospital upgrades
- Hume Freeway corridor growth
- Craigieburn Central shopping
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