Part of Northern Suburbs Melbourne: This guide is part of our comprehensive Northern Suburbs Melbourne Property Investment Guide
Craigieburn Property Investment Guide 2026: Northern Melbourne Growth
Craigieburn offers Northern Melbourne balance: $550,000 median, 10.5% growth. Train to CBD (25-40km), affordable entry, infrastructure. Yields 4.2-4.8% with strong capital growth - better than South-East location, cheaper than Eastern suburbs.
Quick Answer
Why invest in Craigieburn?
Craigieburn delivers Northern Melbourne value: $550,000 median, 10.5% growth. Train to CBD (25-40km), better access than South-East (45-65km). Houses yield 4.2-4.8%. Young families, professionals, population growth 2-4% annually. Balanced affordability/location play.
Craigieburn Overview
Northern Melbourne Comparison
| Suburb | Median | Growth | Yield |
|---|---|---|---|
| Craigieburn | $550,000 | 10.5% | 4.5% |
| Epping | $680,000 | 8.8% | 4.6% |
| Craigieburn | $630,000 | 9.4% | 4.8% |
| Mernda | $660,000 | 9.2% | 4.7% |
Investment Strategy
Balanced Play: Buy houses $550,000 yield 4.5%, growth 10.5%. Better CBD access than South-East, cheaper than Eastern. 7-10 year hold.
Risks
Train Overcrowding: Peak hour capacity issues.
New Estate Competition: High construction volumes.
Frequently Asked Questions
Yes - Craigieburn delivers 10.5% growth at $550,000. Northern Melbourne growth corridor. Train to CBD (25-40km), affordability, infrastructure development. Yields 4.2-4.8%. Strong growth with reasonable CBD access.
Houses: 4.2-4.8%. $550,000 rents $650-$750/week. Better than Eastern Melbourne (3.5%). Craigieburn attracts young families, professionals. Vacancy 2.5-3%.
Houses preferred - family suburb, land value. 3-4 bedroom on 350-500sqm. Limited apartments, mainly older stock near train stations.
Craigieburn: $550,000, 10.5% growth, 4.5% yield, better CBD access. South-East: $580k-$650k, 10% growth, 5% yield, further out. Craigieburn offers balance - not cheapest but better location.
Young families, working professionals, multicultural. Growing population 2-4% annually. Owner-occupiers 68-73%. Mix of established and new estates.
Distance 25-40km CBD, train overcrowding peak hour, new estate competition. Requires 7-10 year hold for maturity.