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Investment Property Cairnlea, VIC, 3023

Suburb Snapshot

Cairnlea is a suburb in the Brimbank Region of Victoria. Cairnlea has a population of 9,661 people and 11.45% of its occupants live in rental accommodation. The median listing price for houses is $900,000 and this has changed 0.00% over the past year and changed 12.50% over 2 years.

The median rent in Cairnlea for houses is $550 per week and the median rental yield is 3.17%. Stock on the market for houses/townhouses has changed -35.29% compared to last year and the average time to sell a house/townhouse is 108 days.The median listing price for units is $425,000 and this has changed 3.65% over the past year. The average unit takes 191 days to sell and the median rent for a unit in Cairnlea is $405 per week, producing a rental yield of 4.95%.

Supply & Demand in Cairnlea, Brimbank

0.78%

Current vacancy rate


24

Rental stock available


9,661

Population


11.45%

Rental population


0.59%

Current vacancy rate


447

Rental stock available


194,317

Population


23.53%

Rental population


0.87%

Current vacancy rate


26,641

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Cairnlea, Brimbank

  House Townhouses Units
Median listing price $900,000 NA $425,000
Median price change - last quarter -3.23% NA 1.19%
Median price change - 1 year 0.00% NA 3.65%
Median price change - 2 years 12.50% NA 3.65%
  House Townhouses Units
Median weekly rent $550 $480 $405
Median yield % 3.17% NA 4.95%
Median rent change - 1 year 17.02% 11.62% 6.57%
  House Units
Previous month sales 1 0
Stock on market previous month 22 17
Stock variance vs. last year -35.29% 30.77%
Average days on market 108 191

Cairnlea investment property listings

Showing 5 of 28 investment properties found in Cairnlea on realestateinvestar.com.au

12 Kingsbridge Cct, Cairnlea

$880,000

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Elegance Meets Practicality

This immaculate property features a total of four bedrooms of which three bedrooms thoughtfully equipped with built-in robes and a oversized master bedroom stands as a luxurious retreat with private en-suite complemented by a spacious walk-in robe. Elegance meets practicality within the living ...

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House

VIC 3023


11 Glenbrook Ave, Cairnlea

$830,000

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PROUDLY RAY WHITE DEER PARK

Providing a low maintenance lifestyle with generous proportions this Parkside prize promises impressive space and practicality in a tightly held enclave. Ideally situated in the heart of Cairnlea and close by to all local amenities this gorgeous residence is the ideal location for your family and ...

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House

VIC 3023


202B/93 Furlong Rd, Cairnlea

$380,000

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Lifestyle Living in Flawless Location with COURTYARD/SHOPPING VI

Hop Scotch and Shop Talk about location Comprising of 2 bedrooms, separate bathroom, open plan kitchen and meals area, wide balcony and park views Other features of this quality apartment include floorboards, 2.65m ceiling heights, LED lights, split-system heating and cooling, 600mm stainless ...

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Unit

VIC 3023


45 Carmody Dr, Cairnlea

$1,050,000

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PROUDLY RAY WHITE DEER PARK

Signature style, first-class features and outstanding family versatility come together in this stunning four bedroom home delivering an aspirational lifestyle of luxury in a premier location. This immaculate residence is sure to impress the fussiest of buyers with the superior quality you can only ...

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House

VIC 3023


403/93 Furlong Rd, Cairnlea

$419,000

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Sanctuary of Style and Convenience

Nestled in the heart of a vibrant community, this exquisite 2-bedroom, 2-bathroom apartment at 403/93 Furlong Road is the epitome of modern living. Light-filled spaces and thoughtfully designed interiors combine to create a home that not only meets but exceeds expectations for comfort, ...

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Unit

VIC 3023


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