Craigieburn Property Market Overview (2026)
Craigieburn sits in the affordable outer-suburban market. This is value territory. Prices are lower than inner Melbourne because the suburb is still developing its amenity base, but growth corridors tend to appreciate as infrastructure catches up.
Population: 65,178 (ABS Census 2021)
Price Estimates
| Property Type | Estimated Median | Monthly Mortgage (est.)* |
|---|---|---|
| House | $550K–$850K | $2,200–$3,400 |
| Unit/Apartment | $350K–$500K | $2,000–$3,000 |
Estimates based on Craigieburn’s market positioning. Mortgage estimates assume 20% deposit, 6.5% variable rate, 30-year term. For current sales data, check REIV or Domain.
What Drives Property Value in Craigieburn
Property prices in any suburb reflect three things: what is already there, what is coming, and how easy it is to get to the CBD. Here is how Craigieburn stacks up:
| Amenity Factor | Craigieburn | Impact on Value |
|---|---|---|
| Schools | 24 | Strong — school zones drive family demand |
| Parks | 85 | High — green space is a premium driver |
| Dining & Cafes | 14 | Growing |
| Medical | 6 | Strong — healthcare proximity matters |
| Supermarkets | 4 | Convenient |
| Gyms & Fitness | 5 | Active lifestyle suburb |
Total amenity score: 156 verified businesses. This puts Craigieburn in the top tier for amenity density, which directly supports premium pricing.
Schools (Key Value Driver)
Craigieburn has 24 schools — school zone boundaries are one of the strongest price drivers in Melbourne property:
| School | Address |
|---|---|
| Our Lady’s Primary School | 169-187 Craigieburn Road |
| Willmott Park Primary School | 54-62 Dorchester Street |
| Mother Teresa Primary School | 5-15 Windrock Avenue |
| Good Samaritan Catholic School | 7-15 Southern Cross Drive |
| Roxburgh Rise Primary School | 35-59 Lockwood Drive |
| Craigieburn Secondary College | 102 Hothlyn Drive |
| Aitken Creek Primary School | 51-81 Grevillea Street |
| Kolbe Catholic College | 37-101 Lysterfield Drive |
Check zone boundaries at findmyschool.vic.gov.au.
Rental Market
| Unit Type | Weekly Rent (est.) |
|---|---|
| 1 Bedroom | $260–$360 |
| 2 Bedroom | $350–$450 |
| 3 Bedroom | $450–$600 |
Rental yield estimate: 4.5–5.5% (higher yields in more affordable suburbs).
See our detailed Cost of Living Guide for full cost breakdown.
Before You Buy in Craigieburn
- Check school zones — findmyschool.vic.gov.au determines your designated school
- Review planning overlays — heritage, flood, bushfire at your local council
- Check flood risk — planning.vic.gov.au
- Attend auctions — quoted ranges in Craigieburn are guides, not guarantees
- Get a building inspection — non-negotiable for any house purchase
- Talk to locals — knock on a neighbour’s door. They will tell you what agents won’t
Key Links for Craigieburn Property Research
- Domain — current listings and recent sales
- realestate.com.au — price history and suburb profiles
- REIV — quarterly median prices (the official data)
- ABS Census — population and demographic data
Related Guides
- Best Restaurants in Craigieburn
- Best Cafes in Craigieburn
- Best Bars in Craigieburn
- Cost of Living in Craigieburn
- Craigieburn Neighbourhood Guide
- Family Guide to Craigieburn
- Is Craigieburn Safe?
- Craigieburn Transport Guide
Last updated: March 2026. This guide is refreshed when OpenStreetMap data changes — new openings, closures and corrections are reflected automatically. Found something wrong? Let us know.
Sources
- OpenStreetMap Contributors — openstreetmap.org — accessed March 2026
- ABS Census 2021 — abs.gov.au/census
- REIV Quarterly Median Prices — reiv.com.au
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