Download your FREE reports now!

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 $755,000 and this has changed -14.21% over the past year and changed -16.12% over 2 years.

The median rent in Cairnlea for houses is $575 per week and the median rental yield is 3.96%. Stock on the market for houses/townhouses has changed -3.85% compared to last year and the average time to sell a house/townhouse is 80 days.The median listing price for units is $420,000 and this has changed -1.18% over the past year. The average unit takes 222 days to sell and the median rent for a unit in Cairnlea is $450 per week, producing a rental yield of 5.57%.

Supply & Demand in Cairnlea, Brimbank

0.42%

Current vacancy rate


13

Rental stock available


9,661

Population


11.45%

Rental population


0.69%

Current vacancy rate


530

Rental stock available


194,317

Population


23.53%

Rental population


0.93%

Current vacancy rate


28,886

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 $755,000 NA $420,000
Median price change - last quarter -2.54% NA 1.34%
Median price change - 1 year -14.21% NA -1.18%
Median price change - 2 years -16.12% NA 2.43%
  House Townhouses Units
Median weekly rent $575 $520 $450
Median yield % 3.96% NA 5.57%
Median rent change - 1 year 4.54% 8.33% 5.88%
  House Units
Previous month sales 2 0
Stock on market previous month 25 13
Stock variance vs. last year -3.85% -35.00%
Average days on market 80 222

Cairnlea investment property listings

0 found properties in Cairnlea on realestateinvestar.com.au

Navigate to more Suburbs, Regions or States