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City of Hume
Craigieburn

Craigieburn Property Market
& Suburb Profile

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MEDIAN PRICES IN CRAIGIEBURN

Median house price

(all agencies, last 12 months)$685k*

House price change

(all agencies, last 12 months)+7.03%

Median unit price

(all agencies, last 12 months)$438k*

Unit price change

(all agencies, last 12 months)+9.24%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

CRAIGIEBURN PRICE TRACKER

HousesUnits

CRAIGIEBURN SALES OVERVIEW

  • Sold by Auction 80%
  • Sold by Private Sale or Other Method 20%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)29

Average days on market (units)

(all agencies, 12 months)30

Auction clearance rate in Craigieburn

(all agencies, last 12 months)88%

Average held period in Craigieburn

(proptrack)8 years

CRAIGIEBURN INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$549pw

House rental price change

(all agencies, last 12 months)0.01%

Median rental price for Units

(all agencies, last 12 months)$483pw

Unit rental price change

(all agencies, last 12 months)0.03%

Average rental yield for Houses

(all agencies, last 12 months)4.05%

Average rental yield for Units

(all agencies, last 12 months)4.97%

Craigieburn total population size

(as at the last census)65,178

Median household size in Craigieburn

(as at the last census)3.3

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

CRAIGIEBURN PROPERTY TYPES

  • Houses 60%
  • Units 7%
  • Other 33%

OCCUPANCY IN CRAIGIEBURN

  • Owned 69%
  • Rented 28%
  • Other/Not Stated 3%
  • Singles 13%
  • Families 84%
  • Other 2%

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ABOUT CRAIGIEBURN

Craigieburn is a major satellite suburb and activity centre in Melbourne’s north, located approximately 25 kilometres from the CBD.

Over the past two decades, it has evolved from a semi-rural fringe township into one of Australia’s fastest-growing residential corridors, offering a comprehensive master-planned lifestyle that blends modern housing with extensive parklands and regional-scale infrastructure.

The lifestyle in Craigieburn is defined by its self-sufficiency and family-centric design. The suburb is anchored by Craigieburn Central, a massive retail and entertainment precinct featuring major supermarkets, cinemas, and over 160 specialty stores. For recreation, the award-winning Highlands Estate provides a network of more than 20 parks, including the scenic Highlands Lake, which offers accessible walking trails and a popular waterside cafe. The suburb is also home to the Splash Aqua Park and Leisure Centre, a world-class facility featuring indoor water slides, Olympic-sized pools, and a 24-hour gym, making it a focal point for local health and fitness.

Infrastructure and connectivity have seen significant recent investment. The Craigieburn Road Upgrade, completed in early 2025, has transformed the suburb’s main arterial into a high-capacity dual-lane road, replacing congested roundabouts with signalised intersections and adding 14 kilometres of new walking and cycling paths. Craigieburn Railway Station serves as the terminus for the Craigieburn line, providing a direct and frequent rail link to the city, while the nearby Hume Freeway offers a straightforward vehicular route for commuters and freight. The suburb is also being planned as a key "activity centre" by the state government, encouraging more diverse housing and jobs within walking distance of the station.

Education is a primary drawcard for families, with a dense network of over ten primary and secondary schools. This includes established government schools like Craigieburn Primary and Craigieburn Secondary College, as well as prestigious independent options such as Hume Anglican Grammar. The suburb’s planning ensures that most residential pockets are within walking distance of a local school or early learning centre, supporting a strong community atmosphere.

From a property perspective, Craigieburn is a resilient and high-demand market, particularly popular with first-home buyers and growing families. The housing stock is predominantly composed of modern four-bedroom homes on various allotment sizes, alongside an increasing number of contemporary townhouses near the shopping and transport hubs. The suburb maintains a stable rate of owner-occupation, with over 70% of residents either owning their homes outright or currently paying off a mortgage. As the northern growth corridor continues to expand toward Mickleham and Donnybrook, Craigieburn remains the established "heart" of the region, offering a proven mix of amenity and connectivity.

Education

Aitken Creek Primary School
Aitken Hill Primary School
Craigieburn Primary School
Craigieburn Secondary College
Craigieburn South Primary School
Elevation Secondary College
Mother Teresa School
Mount Ridley P-12 College
Newbury Primary School
Oscar Romero Catholic Primary School
Our Lady's School
Wayi School
Willmott Park Primary School
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SALES COMPARISON

Find out how Craigieburn median sales prices compare to neighbouring suburbs.

CRAIGIEBURN MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20251326$561,2507.03%1762$516pw4.51%
20241206$523,5002.37%1387$506pw4.88%
20231071$526,000-2.77%1331$475pw4.62%
20221212$527,5007.43%1599$414pw4.10%
20211596$505,00010.00%1760$378pw3.66%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20251326$561,250+7.03%
20241206$523,500+2.37%
20231071$526,000-2.77%
20221212$527,500+7.43%
20211596$505,000+10.00%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20251762$516pw4.51%
20241387$506pw4.88%
20231331$475pw4.62%
20221599$414pw4.10%
20211760$378pw3.66%

PROUDLY SERVICING Craigieburn

Barry Plant
Craigieburn

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.