Cranbrook, QLD 4814 is rated Prime in Handle's suburb model as at October 2026. The median house is $626,800 with a 4.9% gross yield, vacancy is 1.32% against 1.23% across Townsville, and values have grown an average 17.1% a year over five years.
Every figure below is from the Handle suburb model, refreshed weekly. Townsville is the council area.
| Metric | Cranbrook | Townsville | Context |
|---|---|---|---|
| Median house price | $626,800 | $722,575 | |
| Median rent | $580 / week | +10.5% in 12 months | |
| Gross rental yield | 4.9% | 4.5% | |
| Vacancy rate | 1.32% | 1.23% | 5 homes for rent |
| Days on market | 14 days | ||
| Stock on market | 1.06% | 27 listings, 145 sales a year | |
| Months of inventory | 2.0 | ||
| 12-month growth | +14.0% | ||
| 5-year growth (a year) | +17.1% | +120% cumulative | |
| 10-year growth (a year) | +10.1% |
A median Cranbrook house was worth about $285,000 five years ago. Today it is $626,800, a +120% change, or 17.1% a year. Over 10 years the average is 10.1% a year, and the last 12 months added +14.0%.
Past growth is not a guide to future growth. It tells you how the suburb has behaved, not what it will do next.
The median house in Cranbrook rents for $580 a week, a 4.9% gross yield against 4.5% across Townsville. Rents have moved +10.5% over the last 12 months, and vacancy sits at 1.32%, well under the 1.5% line we treat as tight.
There are 27 houses listed for sale against roughly 145 sales a year, which is 2.0 months of stock. Homes take 14 days to sell on average. Low stock and quick sales usually mean buyers are competing for what is listed.
Cranbrook has about 5,844 residents, up 8.6% over 10 years. Median household income is $1,561 a week, 83% of the QLD median. 64% of homes are owner-occupied, and 10% of mortgaged households are in mortgage stress.
Employment across Townsville, where 41% of jobs are in government-backed sectors like health, education and public administration, plus 18 tracked infrastructure projects in the area.
Of the four signals our model scores, buyer demand and rental return lead for Cranbrook and community fundamentals trails. A suburb score is where we start, not where we stop: every property still has to pass our 29-check screen and fit your Exit Plan before we buy.
Data as at 26 October 2026 from SuburbsFinder, ABS Census and public project sources, scored by Handle's suburb model across 3,393 suburbs. Bands: Prime is roughly the top 10%, Strong the next 20%, Watch the next 15%. General information only, not financial advice. Past growth is not a guide to future growth.
Cranbrook is rated Prime in Handle's suburb model, in the top 10% of 3,393 Australian suburbs as at October 2026. The median house is $626,800 with a 4.9% gross yield and 1.32% vacancy. Whether it suits you depends on your borrowing, budget and plan, so we check every property against our 29-point screen before recommending it.
The postcode for Cranbrook, QLD is 4814. Cranbrook is in the Townsville local government area, and our data below covers houses in Cranbrook itself rather than the wider council area.
The median house price in Cranbrook, QLD is $626,800 as at October 2026, against $722,575 across Townsville. Values moved +14.0% over the last 12 months and averaged 17.1% a year over five years.
A median house in Cranbrook rents for $580 a week, a gross rental yield of 4.9%. The Townsville median is 4.5%. Rents changed +10.5% over 12 months.
Vacancy in Cranbrook is 1.32%, against 1.23% across Townsville. Below 1.5% is generally a tight rental market, which supports rents and shortens the time to find a tenant.
Employment across Townsville is led by health care and social assistance, public administration and safety, education and training, with 41% of jobs in government-backed sectors. Infrastructure in the area includes Riverway Drive Stage 2 Duplication (Allambie Lane to Dunlop Street) and Army Aviation Program of Works (RAAF Base Townsville). Homes sell in about 14 days with 2.0 months of stock.
Written by Ahijith (AJ) Chandra, co-founder of Handle Properties. Updated weekly; data as at 26 October 2026. Handle Properties is a licensed buyers agency, not a financial adviser.
Located in the dynamic state of QLD (postcode 4814), CRANBROOK is a vibrant real estate market. This suburb holds a median house price of $325,000 and has demonstrated an average buying growth of Up 3.2%. Last month, 52 houses were available, with 117 transactions completed in the past year. Properties spend around 27 days on the market, reflecting the area's demand with 1283 interested buyers. The average rental yield stands at 6.7%, with a weekly median rent of $310 per week and an average rent growth of Up 11.3%. Rental properties usually stay on the market for 22 days. The population in 2016 was 5926, which changed by -3.60% in the past five years. The median weekly household income is $1,268, reflecting an income change of +3.93% over the past five years. Residents have a median age of 38 years, and the suburb has an average annual growth for houses of +5.16%. To fully take advantage of CRANBROOK's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in CRANBROOK, Handle provides end-to-end property investment services, backed by data and experts.
The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.